Cost of Living in Tehran: February (Korean car imports)
Korean cars endure as the most popular imported foreign vehicles in the local Iranian market with marques like Hyundai and Kia ruling the roost. However, in recent years they have begun to face stiff competition from quickly developing Chinese rivals who offer comparable vehicles assembled in Iran for a fraction of the price Seoul and Iran import customs charge.
Here are the latest prices according to local Iranian price checking websites with the price translated into euros for convenience.
(From the local FT: Import tariffs for cars with an engine capacity less than1500cc are now 55%. Cars with engines of 1501 to 2000cc are subject now stand at 75% tariff. Vehicles with engine capacities of 2001 to 2500cc must pay 95% tariff. Furthermore, tariffs on imported hybrid cars, which previously paid 5% tariff, have been now been raised by 15-65%.)
Car | Model | Price (IRT) | Euro | |
Hyundai | Accent | 117,000,000 | 5600 | € 20,892.86 |
Hyundai | Elantra | 190,000,000 | 5600 | € 33,928.57 |
Hyundai | Sonata | 243,000,000 | 5600 | € 43,392.86 |
Hyundai | Tucson | 260,000,000 | 5600 | € 46,428.57 |
Hyundai | Sante Fe | 333,000,000 | 5600 | € 59,464.29 |
Kia | Picanto | 102,000,000 | 5600 | € 18,214.29 |
Kia | Rio (hatch) | 135,000,000 | 5600 | € 24,107.14 |
Kia | Cerato | 199,450,000 | 5600 | € 35,616.07 |
Kia | Carens | 228,000,000 | 5600 | € 40,714.29 |
Kia | Optima (Full Kit) | 243,000,000 | 5600 | € 43,392.86 |
Kia | Sorento | 303,000,000 | 5600 | € 54,107.14 |
Ssangyong | Tivoli | 119,000,000 | 5600 | € 21,250.00 |
Ssangyong | Rexton (2018 Model) | 322,000,000 | 5600 | € 57,500.00 |
Ssangyong | Korando | 214,000,000 | 5600 | € 38,214.29 |