Renault Kangoo Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Renault Kangoo cars has fallen during the last 6 months we have analyzed. The average price for October is R 87 579. During November there was a slight reduction in the selling prices dropping till R 77 125. The following two months (December, January) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 85 758) during February and March.
The average price for Renault Kangoo has had a strong rise in recent years. Between 2002 y 2006, the average price is R 35 759,33. There was a price inflation going from (R 33 714) to (R 38 650). During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 270 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (R 176 201) and the the last two years that have been analyzed (2018, 2020) with a price of R 220 239,5.
The graph that displays the price for Renault Kangoo 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 50 % more affordable than the average price (R 90 822). Next with a price of R 55 531 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 87% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 145 643.