Price for Renault
Renault Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Renault cars have gone through a strong rise during the last 6 months. The average price in October was of AED 21,614. This price hardly went through any changes and remained at AED 22,664 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 16 % from AED 22,139 to AED 25,740.5. The average price has had spectacular rise of 23 % with an average price of AED 23,939.75 during the previous 4 months and AED 29,508.5 during the most recent months in February and March.
The average price for Renault has become more expensive in recent years. Between 2010 and 2018, the average price is AED 17,707.45. There was a significant inflation of the average price in 2010 (AED 17,375) moving up till (AED 35,687)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 47 %. During the last two years, the car industry has had a strong deflation in its selling prices of -17 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (AED 22,198.25) and the the last two years (2023, 2024) with a price of AED 18,433.5.
The graph that displays the price for Renault cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 57 % more affordable than the average price (AED 24,814). Next with a price of AED 13,787 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 28% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 19,452.
The graph showing the average price for Renault cars displays those with 2 doors as the cheapest ones. They are 65 % more affordable than the average price (AED 24,814). These are followed by those with 4 doors with an average price of AED 14,247. Cars with the lowest price have 5 doors and are 38 % cheaper than the average previously displayed.
