The prices of new cars in Egypt fell by about 23.3% during the third quarter of 2025 for the months from July to September, according to a “East” monitoring. The decline, which included about 80 models, ranged between 20 thousand pounds and 350 thousand. Traders who talked to the “East” attributed the discount to various factors, especially the expansion of the local meeting, which led to the increase in supply, the increase in the exchange rate of the pound against the dollar, the low interest rates, in addition to relative weakness in sales compared to the leading currency crisis. The resumption of imports contributed to a period of restrictions to increase the size of the offer, which led to the stimulation of competition between the agents and urged them to implement noticeable price cuts, according to what Saeed Abu Jalal, president of “AGC Auto”, confirmed the approved distributor of various brands for “Al Sharq”. Motor sales in Egypt jumped about 83% during the first seven months of 2025 to reach more than 90 thousand cars, compared to more than 49 thousand cars during the corresponding period of 2024, according to the report of the Amik car information for car markets “Amik”. The return of movement in the market added that the fall in prices reflects the zeal of car businesses to stimulate the movement of sales and provide real opportunities for consumers, especially after a period characterized by economic challenges and instability in prices, affecting the purchase decisions and the confidence of customers. The discount was “Gilly, Hyundai, Renault, Creen, Chevrolet, Gaitor, Sherry, Mitsubishi, Sayat, Dong Feng, Payek, Peugeot, Opel and Nissan”, according to the collected data issued by analysts. The newer declines are not the first. The new car market in Egypt was a decrease in the prices of 25 brands with a rate of 15% during the first half of the year 2025, and included discounts between 30 thousand and 400 thousand pounds. Montaser Zaitounoun, a member of the car division of the General Federation of Chambers of Commerce, believes that the decline in the exchange rate of the dollar against the Egyptian pound has recently been one of the reasons led to the “her prizes” cars in Egypt, according to his description. During his conversation with “Al -Sharq”, Zaitounoun said that the offer of 2026 models also urged businesses to offer offers with the aim of liquidating the old stock of 2024 and 2025 models, in an effort to stimulate the movement of buying and selling. The Egyptian car market has suffered from various crises over the past four years, which traders have described as ‘the worst ever’, due to the great shortage of offer, and the strike of imports that coincide with the dollar crisis that has passed the country, as well as high prices and extra costs at the available markets. The fall in the prices of 80 models Hussein Mustafa, the former CEO of the Association of Automotive Manufacturers, said that the market saw a decrease in the prices of about 80 models during the third quarter of this year, according to its appreciation, and this decline attributed to various reasons, the prominent of which the old models are. Mustafa added that the state of anticipation and caution prevailing in consumers had to give some businesses a noticeable discount of 350 thousand pounds in some cases, in an effort to stimulate the sales movement and attract buyers. He explained that the competition will increase in the coming months, especially with the expectation that the Customs Dollar Prize is still stabilizing, as well as positive economic indicators that may contribute to improving the sector’s performance. Also read: Egypt intends to attract $ 630 million investments for the car market that Mustafa uses, and Mustafa expects these movements to stimulate the used car market, as the fall in the prices of new cars will affect the market value of the oldest models, which can give consumers greater options at more competitive prices. In the year 2023, there was a lack in the structure of car imports, which the Ministry of Investment and Foreign Trade asked to take a number of measures to eliminate harmful practices and increase fair competition between producers, distributors and agents, according to a government document that acquired Al -Sharq in mid -September. According to the document, the government increased the part of the traders to import cars to 86.2% in 2025, compared to 24% in 2023, and 75% in normal rates. The part of people with provision was also determined at 5.9% in 2025, compared to 56% in 2023 and 5% in normal rates. The rate of personal use car imports fell to 7.6% compared to 20% in 2023 and 15% in normal rates.
Motor prices in Egypt are still dropping in the third quarter 2025
