Renault ZOE 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 ZOE cars has fallen during the last 6 months we have analyzed. The average price for October is £21,174. During November there was a slight reduction in the selling prices dropping till £19,339. The average selling price has remained fairly constant during the following two months, going from £20,256.5 to £20,768. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from £20,512.25 to £19,333.5 during February and March.
The average price for Renault ZOE has had a strong rise in recent years. Between 2014 and 2019, the average price is £7,299. There was a significant inflation of the average price in 2014 (£5,656) moving up till (£8,899)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 72 %. During the last two years, prices in the car industry have gone through a strong rise of 17 % 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 (£15,169.5) and the the last two years that have been analyzed (2022, 2023) with a price of £17,750.
The graph that displays the price for Renault ZOE cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 63 % more affordable than the average price (£18,653). Next with a price of £10,955 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £15,011.