03:23 PM
Wednesday 23 March 2022
8 cars whose prices did not rise in Egypt
Books – Muhammad Jamal:
Yesterday, Monday, the Egyptian car market witnessed a new wave of price increases, which were announced by a number of brand agents, hours following the dollar exchange rate rose by almost 10%.
The rates of increase for regarding 25 models of different styles, uses and brands ranged between 9,000 and 50,000 pounds.
The increases coincided with the Central Bank of Egypt’s announcement of raising interest rates on lending by 1%, a decision that comes as part of a package of measures to confront inflation in the markets.
Despite the unprecedented rises in the prices of all cars, especially imported ones, there are still some cars that can be purchased in the “zero” market whose prices did not rise during the previous wave of increases.
The following report lists the prices and specifications of 8 Zero cars, models of 2022. The available models vary between hatchbacks and family sedans, and their price does not exceed 220,000 pounds.
Through the following pages, you can learn regarding the 8 cars:
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