One thousand plus sedans (Tara and Peugeot 207s) manufactured by Iran Khodro Company (IKCO) were offered at the Iran Mercantile Exchange (IME) on Monday.
Some 500 cars were Tara in three colors and 600 Peugeot 207s in two models, IBENA reported.
The price of silver and green manual Tara and black manual are set at 2.67 billion rials ($7,397), and 2.56 billion rials ($7,082), respectively.
Prices for silver/green automatic Tara and black automatic are 3.79 billion rials ($10,469), and 3.67 billion ($10,154) respectively.
Peugeot 207 was offered in two models, one with a panoramic roof at 2.85 billion ($7,883) and the automatic gear (white color) at 2.79 billion rials ($7,723).
The IME has said that the vehicles will be delivered in three months.
The most demand was for the white Haima S5s -- 200 sedans were offered and sold above the base price at 7.21 billion rials ($19,919)
Moreover, on Monday 900 Haima S5s were also offered at the IME with 200 failing to find buyers.
The most demand was for the white Haima S5s -- 200 sedans were offered and sold above the base price at 7.21 billion rials ($19,919). The base price was 7.05 billion rials ($19,488).
An estimated one billion rials ($2,762) will be added to the final price that will include VAT, fuel card issuance and its postal cost, number plate and auto insurance fee.
The white Haima S5 goes for 11 billion rials (around $30,386) in the market. As such, the car was bought in the bourse almost 2 billion rials ($5,524) less than the free market price.
On the same day 50 red Haima S5s were also offered but barely 11 buyers showed interest. The car was sold for 7.2 billion rials ($19.889), which was the base price.
Also, 400 white Haima S7s (base price 8.1 billion rials ($22,375), sale price 8.15b rials ($22,513)), 200 black Haima S7s (base price 8.33b rials ($23,024)), and 50 titanium silver Haima S5s (base price 7.2b rials ($19,889)) were offered at IME on Monday.
On Nov 21, 1,000 Peugeot 207s were offered for the first time at the IME and were bought within an hour.
The cars were traded at an average price of 3.43 billion rials (around $9,616).
Experts say offering popular cars in the stock market is a positive step because it helps improve transparency in the market, eliminates the role of middlemen, curbs the impact of government-imposed prices on the auto industry, and safeguards the rights of buyers, producers and company shareholders.
