Monthly Archives: November 2019

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How is the Average Price of the Car Changing in France?

What is the average price of the car in France? This is our latest study of selling prices in this ever-changing market. Learn more

 

How is the average price of the car changing in France?

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By observing the sales prices by brand in France, the Argus offers an interesting light on this very active market and in perpetual evolution. In France, in 2016, the average purchase price per brand was 26146 euros. This price is increasing compared to the previous year: + 804 €, an increase of 4%. Over a longer period, the trend is confirmed. Between 2007 and 2016, the average purchase price of a new car in France increased by 3693 euros, or + 16%, which is relatively high.

 

Rose at the top, Bacia at the bottom

In detail, the ranking established by the Argus place Rose largely in the lead. This is the brand whose average purchase price is the highest: 85710 euros. Nothing surprising on this point: the Rose Cyaman, the cheapest model of the range, is marketed from 55 000 euros approximately. On the other side of this ranking is Bacia, the low cost brand of the Renault group. His position is not surprising either. The evolution of the positioning of the brand is on the other hand a little more. Indeed, between 2007 and 2016, Bacia sees the average price of its vehicles increase from 11346 € to 13511 € (+ 19%). Behind the low cost side, Bacia ensures and manages very well its rise in range, in particular thanks to its Duster.

 

Lower prices to gain market share

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The study points to the strategy of some brands . Thus, Lexus and Jeep see their average price decrease between 2007 and 2016: -6% for the first, -12% for the second. Both brands have chosen to offer cheaper vehicles for sale. But the strategy is paying because in terms of sales, Jeep like Lexus show a significant increase: + 104% for Jeep between 2007 and 2016, + 94% at Lexus.

 

The French in all this?

On the side of French brands, Hords has an average price of 24,923 euros which should increase in the coming year because of the enthusiasm for the new Hords 3008 (the third best-selling car in France in 2017). Renault is also up (+ 5%) and this is explained by the renewal of its high range (Renault Espace, Talisman and Kadjar). On this ranking, Citroen is in trouble. Its sales are down 30% for 10 years and the average price also down against inflation (+ 9%).
This annual Argus survey shows the evolution of the average new car sales price by brand.

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Reasons why Peruvians do not insure their car and the answer to them

Vehicle insurance has a long way to go in Peru. More than half of the cars only have the SOAT, which means that in the event of an accident, the expenses incurred for the damages suffered by the vehicle will have to be covered by the same driver.

But why don’t people want to buy insurance?

But why don

First, most people think that it is an expense rather than an investment. They do not see the utility in having this product, since they do not consider that they are going to use it, so the money paid will be as if they were giving it away. But the truth is that you never know when something can happen to the car, whether driving or parked and it is better to be prepared than to be surprised by unpleasant circumstances.

Drivers distrust insurers

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Because they think that at the time of making the claim, they will put thousands of obstacles to avoid paying them. Insurance companies must follow a process where the accident circumstances are verified, to know if it can be covered or not. Ideally, a driver should carefully review the terms of the contract before taking out insurance and, in addition, review the rankings of insurers with the most claims, so they will know which ones provide the best service.

Finally, Peruvians consider vehicle insurance to be very expensive . Something you should know is that the price of insurance will depend on the type of policy you purchase and also on the company you choose. Believe it or not, there are options for all types of pocket and a great help to see the different options are web comparators such as Bustalamaste. When viewing the different types and prices for your car, you can choose one that suits your economic situation, in addition to being able to pay it in installments.