It is learned from Myanmar car dealers that the current second-hand car market is still hot, and the prices of some popular models continue to rise compared to before. At present, the price of low-displacement right-hand drive Nissan cars with a price of about 10-20 million is gratifying. The price of a car that used to cost only 11 million kyats has even risen to about 15 million kyats. Therefore, industry practitioners speculate that the heat of the auto market will continue. .
It is known from the auto market merchants that the price increase has a great relationship with the foreign exchange rate of the US dollar. The increase in the exchange rate price means the increase in the fuel price. Therefore, the price of second-hand cars with small displacement has risen a lot. Now, the price of popular small-displacement family cars in the market has risen from more than 10 million to more than 20 million. But selling it depends on demand, and buyers can sell if they feel the price is right.
A businessman engaged in car trading said that because oil prices have risen too fiercely, some residents choose to use small-displacement cars to travel and sell their large-displacement cars at home. The market for small-displacement cars will not drop until fuel prices fall.
Since the beginning of this year, vehicle prices in the domestic auto market have continued to rise. After the resumption of the installment loan business, the number of domestic new car transactions and demand has also continued to increase.In recent years, new cars produced in the form of SKD/CKD have gradually been favored by the domestic people, and the sales of new cars have been equal to that of used cars.If the after-sales service of new cars and related services are perfect, the sales of new cars will quickly overtake the sales of used cars.
Due to policy reasons, Myanmar no longer allows the import of second-hand cars. As of now, the Myanmar authorities have not issued any new regulations for the import of motor vehicles.Therefore, industry practitioners speculate that the heat of the auto market will continue.
