The devaluation of the dollar of the last 72 hours generates adverse effects on the economy, especially in the category of cars and motorcycles. Thus, a survey showed that the prices of popular single-seater vehicles They had a big jump. In parallel, the dealerships and points of sale also had toupdate the financing valuesaccording to the exchange dynamics of the last days.
Motorcycles are an accessible option for users in terms of costs. They are vehicles with low price ranges for sale and have the advantage that maintenance is cheap, taking into account fixed cost items. such as patenting, gasoline and insurance.
Motorcycles: rise in the dollar generated increases in prices and financing
One option to protect the pesos in the face of a devaluation wave is to take refuge in transferable goods, such as cars and motorcycles in this case.
The bikes were adjusted between 15% and 25% their prices, depending on whether they are domestic or imported. In this scenario, the consumption program now 12 increased the 22% the financing rate, but there are still credits with a percentage at “0 rate” that are maintained.
The first option is to buy a motorcycle CUB (Cheap Urban Bike), with a low displacement of 110 cm3. At this time of sales, they occupy 7 of the top 10 sales positions of motorcycles in the country, shows how accessible this type of mobility is for all types of income levels.
Although they are considered a national product by the CKD scheme, these motorcycles are made up of the vast majority of imported parts and are only assembled in Argentina. These parts mostly come from China, with which the devaluation of the currency directly affects its price. Between Monday and Tuesday, importers immediately applied an increase ranging from 20 to 25% to their official lists of sale to the public.
On the other hand, with the program option now 12the rate also increased by 22%, so the financing that these motorcycles had has also increased.
Those responsible for the dealerships warned that until last month all motorcycle options were under the Fair Prices regime. However, with the dollar jumping, the new price lists show price updates for single-seater vehicles that were worth $325,000 (from 110cm3) to $405,000.
There are other motorcycles, with greater displacement that have a higher price. These options range from 2.5 million to 10 million pesos, which although they have received the average increase of 15% in the last 48 hoursthey still maintain financing with a 0-rate pledge loan for 30% of the price and even up to 50% in some specific cases such as that of the Chinese brand CFMoto, which at this time is also a relatively good refuge of capital for who can buy them
This shows a scenario of uncertainty, according to the owners of the concessionaires, which will be replicated week by week in the coming months, given the continuous movements of the dollar, which hit imports squarely.
Source: Ambito
