The car market on October 24, 2026, returned to its upward trajectory, showing a significant increase in prices in this sector. While domestic products experienced the highest price increases, assembled products also faced price hikes, albeit to a lesser extent compared to domestic cars.
Reasons for the increase in car prices
Disruptions in trade routes and rising import and transportation costs have put additional pressure on the car supply chain. Experts believe that the shift in trade routes between Iran and the UAE towards Oman, due to increased logistics and transportation costs, has ultimately raised the final price of cars. Thus, the car market in the second half of this year is in a state of stagflation, where prices have stabilized at high levels but transaction volumes have decreased.
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Increase in prices of domestic and assembled cars
In the domestic car market, the Peugeot 207 Automatic reached a price of 2 billion and 900 million tomans with an increase of 60 million tomans, setting the record for the highest price increase among vehicles. Additionally, the price of the dual-fuel Sorena Plus with a large cylinder increased by 26 million tomans compared to the previous day, reaching 2 billion and 400 million tomans. In the Saipa product market, the new Saina S also saw a 7 million toman increase, reaching 1 billion and 433 million tomans. In contrast, the price of the Quick S remained unchanged.
In the assembled car market, the new Tiggo 9 saw a price increase of 200 million tomans, reaching 11 billion tomans, while the new Arrizo 6 also increased by 30 million tomans to 5 billion and 460 million tomans. Meanwhile, the Haima S7 Pro increased by 10 million tomans to 5 billion and 610 million tomans. However, the price of the Fidyliity Elite seven-seater remained unchanged at 5 billion and 930 million tomans.
Future outlook for the car market
With the continued upward trend in exchange rates, potential sanctions, and transportation restrictions, it seems that car prices will still be influenced by these factors in the coming months. If political tensions escalate, there is a possibility of further price increases. In this situation, buyers will need time to accept new prices, and the overall state of the car market appears uncertain in the near future.
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