Bahman Motor sets payment terms for the Fidelity Elite Type 2 and Respect 2, at definite prices of 5.08 and 3.83 billion tomans

Bahman Motor published on Wednesday 7 Mordad 1405 (29 July 2026) the payment circulars for the principal selected applicants of the tenth round of its product offering, covering three schemes: the regular scheme, the population youth scheme and the non-taxi worn-out vehicle scheme. Two models, the Fidelity Elite Type 2 and the Respect 2, are offered at a definite price under both a cash method and a cash and credit method.

Under the circulars, the cash price of the Fidelity Elite Type 2 is 50,774,860,000 rials (about 5.08 billion tomans) and that of the Respect 2 is 38,270,410,000 rials (about 3.83 billion tomans). Under the cash and credit method, the down payment is 44 billion rials for the Fidelity Elite Type 2 and 33 billion rials for the Respect 2, with the financing repaid over six months in two cheques at three month maturities.

Registration and payment run from 16:00 on Tuesday 6 Mordad to 16:00 on Monday 12 Mordad 1405 (28 July to 3 August 2026) through the company's sales system. Delivery for both models is set at 30 days after payment and completion of the file, with an annual withdrawal profit rate of 17.5 percent and a late delivery penalty of 2.5 percent a month.