An unaffordable car market highlights Iran’s cost-of-living crisis

Hossein, a 32-year-old marketing specialist in Tehran, struggles to replace his 13-year-old Iranian car due to the economic crisis worsened by war and sanctions. Although he earns four times the minimum wage, imported cars and even local models are unaffordable. For instance, a Peugeot 207 model costs 28 billion rials, requiring over 20 months of salary for a purchase.