The Myanmar Car Market has returned to normal trading levels by the end of April 2025, following the temporary disruption caused by the March 28 earthquake. The quake had impacted major automotive hubs such as Mandalay and Nay Pyi Taw, but the market has shown resilience, particularly in the internal combustion engine (ICE) vehicle segment.
Strong Demand for Mid-Range Vehicles
According to U Kyaw Swa Tun Myint, General Secretary of the Myanmar Automobile Manufacturers and Distributors Association, the market has stabilized, though not booming. “The trading is not strong, but it is normal,” he explained. The Myanmar Car Market saw more transactions in vehicles priced between K50 million and K100 million, with relatively weaker sales for those priced between K100 million and K200 million.
ICE vehicles—namely petrol, diesel, and traditional fuel cars—continue to dominate the market. These types of vehicles are easier to sell, especially in the mid-price range, as buyers remain cautious but active. The steady demand for these vehicles indicates a recovery of consumer confidence after the natural disaster.
Seasonal Trends and Market Outlook
Sales Expected to Pick Up Post-Thingyan Festival
The Myanmar Car Market usually experiences increased trading from May to September, following the Thingyan festival. Prices tend to stabilize and reach reasonable levels during this time unless disrupted by external factors or regulatory changes.
U Kyaw Swa Tun Myint added, “When there is a natural disaster impacting the economy, we don’t expect massive growth. However, some necessary transactions will always take place, and the market won’t worsen further.”
Despite uncertainties, market players remain cautiously optimistic. Peak sales typically occur in June and July, and if the current stability holds, 2025 could still yield a healthy mid-year performance.
Advice for Buyers and Sellers
With the current price levels likely to hold, industry experts caution against panic selling. The Myanmar Car Market is not expected to see prices drop below their present range, and unnecessary transactions based on rumors should be avoided.
For buyers, now is a good time to explore ICE vehicle options within the K50 million–K100 million price range, while sellers are encouraged to wait for the mid-year demand surge if they aim for better returns.
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