Name: Vehicle price out of reach for many in Iran
Uploaded: 2025-10-31T15:34:18.441Z
Duration: 2 min 51 s
Description: In Iran, the dream of owning a car is becoming increasingly distant for many people.

In Iran, the dream of owning a car is becoming increasingly distant for many people.

Tehran

Car ownership has become increasingly unattainable for many families in Iran due to rapidly rising prices and inflation. Even basic sedans now cost 40 to 50 times the minimum monthly wage, and imported vehicles are significantly more expensive than in other countries.

Domestic manufacturers like IranKhodro face overwhelming demand, with millions applying for a limited number of vehicles. In addition to high prices, buyers often encounter quality issues with new cars, as technical problems and poor parts are common.

Vehicle price out of reach for many in Iran

Imagine you come from a middle-income family and you want to buy a reliable car. It shouldn't be that hard, right? But in Iran, it is. Let's take a drive. Here in Tehran, the car market isn't just moving slowly. It's leaving millions behind. For many families, owning a car has become a dream deferred or even abandoned. We save up for a while, but then the price suddenly jumps. It takes off like a rabbit, and we just say, forget it. Cars in Iran are far too overpriced. My car is a 2007 model, and I haven't been able to buy a newer one. Prices keep rising with inflation every year, while my purchasing power keeps shrinking. In a sanctioned economy, the domestic manufacturers try to meet local demands, but they are under a lot of pressure. IranKhodro, the country's largest carmaker, recently saw 5.5 million applicants for nearly 73,000 vehicles, giving buyers less than a 1.5% chance of driving one away. Securing a purchase is hard enough, but there is another problem. Price tags are keeping most families off the road. The most basic sedans, like this one for example, cost 40 to 50 times the minimum monthly wage. The mid-range cars demand even much more. For some imported vehicles, prices can cost 2 to 3 times what they do elsewhere in the world. The price of cars is influenced by the news. When reports of rising gold prices or dollar exchange rates appear, car prices tend to climb. It's a troubling situation. People avoid buying cars fearing war. A Kwik cost $2,800 last year, now $5,600, but the salaries haven't doubled. Most of them just don't drive the cars. They buy and keep it somewhere else, and then when the prices in the future go up, they will sell it. And yet, buying a new car is just the first bump in the road for some customers. With low-cost vehicles, quality issues often surface. Every week, we receive several customers with factory-fresh cars already showing technical issues. The quality of parts is poor. Some vehicles break down after just a few hundred kilometers. In one case, the gearbox failed after only 22 kilometers. In Iran's car market, prices rise faster than wages, and for millions of families, the road to ownership keeps getting longer.

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