Egypt Daily News – 2025 Chinese and Korean cars prices in Egypt face a significant drop, expert reveals the reasons. A major decline in car prices is currently taking place, as some dealers have reduced prices due to the market slowdown. Below, we outline the reasons behind this decrease and whether further price changes are expected.
Drop in Car Prices in 2025
Abdel Salam Abdel Jawad, a member of the Automotive Division at the Federation of Egyptian Chambers of Commerce, stated that car prices have significantly decreased locally due to a decline in purchasing rates. He explained that supply has increased recently, especially after the government reopened commercial imports, leading to a surplus of vehicles compared to the end of last year. Additionally, some dealers have reduced prices to attract buyers, with some cars seeing price drops ranging between 40,000 and 170,000 EGP.
In a statement Abdel Jawad pointed out that the first three months of each year usually witness a slowdown in car sales, as consumers prioritize other expenses. He also noted that Egyptian consumers tend to wait for further price reductions despite the current decline, leading to hesitation in purchasing. He confirmed that the market is currently stable and that there are no instances of overpricing.
Should You Buy Now?
Abdel Jawad advised consumers to take advantage of the current prices and not to wait, as prices may fluctuate starting in April when market activity picks up. He emphasized that prices will remain stable as long as the exchange rate of the dollar does not change and supply remains steady.
Updated Car Prices for 2025 in Egypt
BYD Manual
- BYD: 610,000 EGP
Kia Sportage 2025 (Prices vary by trim level)
- First trim: 1,800,000 EGP
- Second trim: 1,920,000 EGP
- Third trim: 2,025,000 EGP
- Fourth trim: 2,150,000 EGP
- Fifth trim: 2,275,000 EGP
Kia XCeed Crossover 2025
- First trim: 1,400,000 EGP
- Second trim: 1,500,000 EGP
- Top trim: 1,600,000 EGP
Chery Arrizo 5 (2025 Model)
- Base trim: 660,000 EGP
- Second trim: 710,000 EGP
- Top trim: 735,000 EGP
Hyundai 2025 Prices
Hyundai Accent RB
- First trim: 780,000 EGP
- Second trim: 810,000 EGP
- Third trim: 855,000 EGP
- Fourth trim: 875,000 EGP
- Top trim: 910,000 EGP
With these reductions, the Egyptian market is witnessing an unusual price drop, creating an opportunity for buyers before prices potentially shift again in the coming months.