Price for Renault Kwid
Renault Kwid Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Renault Kwid cars have remained constant in the last 6 months. The average price in November was of R 187 003. This price hardly went through any changes and remained at R 187 500 during December. The average selling price has remained fairly constant during the following two months, going from R 187 251,5 to R 187 174. During the last couple of months, the average price has hardly changed, remaining the same going from R 187 212,75 to R 183 207,5 during March and April.
The average price for Renault Kwid has had a strong rise in recent years. Between 2017 and 2020, the average price is R 101 338. There was a significant inflation of the average price in 2017 (R 88 564) moving up till (R 125 237)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 46 %. During the last two years, prices in the car industry have gone up 9 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (R 162 293,25) and the the last two years that were studied (2023, 2024) with a price of R 176 970,5.
The graph that displays the price for Renault Kwid cars according to their mileage shows that those cars within a mileage range of "100 000 - 200 000" are the ones with the lowest price. They are 43 % more affordable than the average price (R 182 020). Next with a price of R 103 480 and a mileage range of "50 000 - 100 000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10 000". It is 3% less expensive than the average market value followed by those cars with a mileage of "25 000 - 50 000" priced at R 169 995.
