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News · Cars · Iran

Bahman Motor opens a fixed price, no lottery sale of two models from 12 Mordad

2 August 2026 · 2 months ago

Bahman Motor set out the terms for selling two models, the Fidelity Elite Type 2 and the Respect 2, for the month of Mordad 1405 in its latest sales notice, published on Sunday 2 August 2026 (11 Mordad 1405). The scheme runs on a cash and cash-credit basis, at a fixed price, with no lottery and a delivery window of 30 working days.

Registration runs from 10:00 on Monday 3 August 2026 (12 Mordad) until 16:00 on Monday 10 August 2026 (19 Mordad), or until capacity is filled, whichever comes first, through the company's online sales system. Under the cash method, the Fidelity Elite Type 2 is priced at about 5.077 billion toman and the Respect 2 at about 3.827 billion toman.

Under the cash-credit method, the down payment is 4.4 billion toman for the Fidelity Elite Type 2 and 3.3 billion toman for the Respect 2. The facility is repaid over 6 months in two cheques with quarterly maturities; each cheque is about 366 million toman for the Fidelity Elite Type 2 and about 286 million toman for the Respect 2, at a financing rate of 12 percent. The annual withdrawal profit is set at 17.5 percent and the penalty for late delivery at 2.5 percent a month.

Source:Donya-e-Eqtesad, citing Mehr News AgencyThe source textAn archived copy of the source

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