How will the change in the price of gasoline affect the car market? |
“Premium Euro-95” and “Super Euro-98” brand gasolines in Azerbaijan 20The increase in price by more than 10% made the expansion of the use of hybrid cars in the country somewhat urgent. However, as the said cars are expensive compared to petrol cars, meaning they are not suitable for everyone’s pocket, car enthusiasts can also go for diesel cars.
“Report” related to the topic car learned the opinion of market experts.
One of them – Eldeniz Jafarov, believes that the price of gasoline will increase car the impact on the market will not be felt in the coming months: “Undoubtedly, the demand for both hybrid (environmentally friendly) and diesel cars will increase. But this does not mean that these cars prices will increase sharply. There will be no significant changes in the market until autumn.”
According to him, at present car in the market prices is stable: “This can be applied to both the 1st and 2nd hand car market. The demand for new cars is mostly for crossovers with an engine volume of 1,500-2,500 cubic centimeters. Among the used cars, the choice of buyers is mostly cars with an engine volume of around 1,500 cubic centimeters. In general, the purchase and sale of cars with a service center in Azerbaijan, where spare parts and mechanics are easily found, is carried out faster.”
Azerbaijan According to Eyyub Aliyev, a representative of the Association of Automobile Dealers (AADA), the increase in the price of high-octane gasoline will not affect the prices in the first-hand car market: “In the second-hand car market, the “AI-95” brand gasoline cars working with will become cheaper. As an example, I can mention that we are mainly talking about cars such as “Ford Fusion”, “Chevrolet Cruz”, which are widely distributed in our country. In the coming days, we will see a decrease in the prices of these cars by 1,000-2,000 manats. I can even say that in the weekend car market, this model can dominate the sale of cars.”
Azerbaijan According to Eyyub Aliyev, a representative of the Association of Automobile Dealers (AADA), the increase in the price of high-octane gasoline will not affect the prices in the first-hand car market: “In the second-hand car market, the “AI-95” brand gasoline cars working with will become cheaper. As an example, I can mention that we are mainly talking about cars such as “Ford Fusion”, “Chevrolet Cruz”, which are widely distributed in our country. In the coming days, we will see a decrease in the prices of these cars by 1,000-2,000 manats. I can even say that in the weekend car market, this model can dominate the sale of cars.”
E. Aliyev also touched on the emerging problems related to the price of new cars: “In many new car showrooms that bring products from Europe and Japan, there are delays in car deliveries from factories due to the pandemic. In this regard, salons have many difficulties in providing cars. Thus, the activities of a number of factories producing car parts were completely stopped due to the pandemic. Because of this, car orders were delayed. Therefore, new cars come to showrooms in a very limited number. It is expected that this problem will be solved by the end of the year.”