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

 

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