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. In September the price for a car is AED 20,237 increasing till AED 21,614 in October. The average selling price has remained fairly constant during the following two months, going from AED 20,925.5 to AED 21,786.5. The average price has had spectacular rise of 52 % with an average price of AED 21,356 during the previous 4 months and AED 32,387.5 during the most recent months in January and February.
The average price for Renault has become more expensive in recent years. Between 2010 and 2019, the average price is AED 19,402.8. There was a significant inflation of the average price in 2010 (AED 20,375) moving up till (AED 31,850)in 2019. During the next two years (2020, 2022) the price for the aforementioned model has gone up strongly a 131 %. During the last two years, the car industry has had a strong deflation in its selling prices of -41 % 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 31,701.25) and the the last two years (2023, 2024) with a price of AED 18,591.5.
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 68 % more affordable than the average price (AED 34,203). Next with a price of AED 13,853 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 10% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 20,188.
The graph showing the average price for Renault cars displays those with 2 doors as the cheapest ones. They are 76 % more affordable than the average price (AED 34,203). These are followed by those with 4 doors with an average price of AED 14,474. Cars with the lowest price have 5 doors and are 56 % cheaper than the average previously displayed.