Renault 4 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Renault 4 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of R 160 561. This price hardly went through any changes and remained at R 167 679 during November. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -52 % compared to the 4 previous average values going down from R 142 953,25 to R 69 183.