52634
Renault Duster Buyers Get 36-Month Deal
Renault Duster Buyers Get 36-Month Deal

Renault Duster Buyers Get 36-Month Deal

Renault Duster Buyers Get 36-Month Deal

Negin Khodro, the local dealership of imported Renault vehicles, has announced a new payment option for the Duster model.
Originally priced at just under 900 million rials ($25,000), the Duster’s price has crept up month-on-month since its introduction in 2014. The lowest price of the car now stands at 10.8 billion rials ($30,000) for the basic two-wheel-drive model and up to 11.9 billion rials ($33,000) for the four-wheel-drive model.
The new payment options, which the dealer claims will make the car affordable for Iranian car buyers, are a down payment of 610 million ($16,900) for the 2WD 2016 model, and a finance agreement of 500 million rials ($13,800) payable over 12- (interest-free) installments, 24- (with 18% interest) or 36-months (with 21% interest) respectively.
The deal for the 2WD 2017 model is a down payment of 736 million rials ($20,000), with a loan of 400 million rials ($11,100) payable over 12 (interest-free) installments or 24 months (with 18% interest). The total cost of this car should be 11.1 billion rials ($31,000).
The long-term payment plan for the 4WD model will cost the buyer 720 million ($20,000) rials upfront, with a 500-million-rial ($13,800) loan, interest-free over 10 months costing 11.9 billion rials ($33,000) in total.
The 2017 Duster model is expected to be the last batch imported from Dacia’s Romania factory, as Renault said it hopes to produce 150,000 vehicles locally by Q4 2017, with the Renault Duster and Symbol models being the first to roll off a local production line.
The future prices of Duster model are also expected to fall to a much more buyer-friendly level, as currently many would-be car buyers are put off by the obscene “affordable” prices being charged.
The new production line would counter the overpriced secondhand vehicle market and open up the market share further for Renault.
It is estimated that the new price for the Duster should be below 700 million rials ($20,000) with some people suggesting the future prices may be even lower than that, once local production of auto parts kicks in.

Short URL : https://goo.gl/MgdLpn
  1. https://goo.gl/XgOIgZ
  • https://goo.gl/AMDDIr
  • https://goo.gl/nMjm3K
  • https://goo.gl/vA9eKV
  • https://goo.gl/fJqBBm

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus