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[BUSINESS] · Iran · 2 sources

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Saipa announces production participation sales for two Quick models

Saipa Group has announced new sales conditions for its production participation scheme involving two models of the Quick vehicle: the Quick GX-L and the Quick R Type S. The sales process, which does not require a lottery, is scheduled to begin on Saturday, November 1, 2026, at 10:00 AM via the company's official internet sales portal.

The Quick GX-L, equipped with ESC brakes and SBR, is available in white with an advance payment of 531,879,000 Tomans. Delivery for this model is expected between November and January 2027. The Quick R Type S, featuring steel rims and SBR in white or black, requires an advance payment of 522,571,000 Tomans, with delivery scheduled for November or December 2026.

These sales are open to regular applicants, those eligible under family and youth population support laws, and owners of old vehicles seeking replacements. The advance payments are not final prices; the final cost will be determined based on the approved rates at the time of delivery. The annual participation interest rate is set at 20.5%, while the cancellation interest rate is 3% lower.

Entities

Saipa Group