Which Renault Triber trim holds its value better?
With its combination of SUV-like styling, good specification levels and versatility, the Renault Triber offers a blend of attributes that certainly hit home among those buyers who need a lot of space on a tight budget. How well does this entry-level 7-seater hold its value in the short term, and which Renault Triber trim level holds its value better? We ran the numbers to find out.
To find out, we rounded up all the 2020-model Tribers listed on AutoTrader, and compared their averaged current market values to what they cost when new. Seeing as we’re looking at initial (short-term from new) depreciation here, we’ve placed a mileage cap of 20 000 km on these 2020-vintage cars.
This corresponds with the upper range of industry-average yearly mileages, and should discount any high-mileage fleet vehicles already circulating in the marketplace. Using their new-car pricetags (as at the end of 2020) as reference points, we determined the various trim levels’ value retention percentages after the first year, given reasonably low mileages.
Related: Shop for new and used Renault Triber cars for sale here.
2020 Renault Triber 1.0 Expression
New Price: R 183 900
Current Market Value: R 169 990
Value Retained: 92.4%
This is the entry-level Triber, and it didn’t sell in massive numbers in 2020 – which is logical, considering that the higher-trim variants weren’t a lot more expensive when new, but they were a whole lot nicer. As a result, we shouldn’t read too much in this trim level’s 92.4% value retention figure, because the sample size (only one example on site at the time of writing) was too small to be statistically significant.
2020 Renault Triber 1.0 Dynamique
New Price: R 193 900
Current Market Value: R 180 279
Value Retained: 93%
The mid-trim Triber was a lot more popular than the entry-level variant in its first year, with eight 2020-examples listed on AutoTrader at the time of writing. This gives us a more-representative sample size, which points towards a 93% value retention after one year. Interestingly, many of these Tribers have higher mileages than our cut-off point allows, indicating that this derivative is also more-popular among fleet users.
2020 Renault Triber 1.0 Prestige
New Price: R 209 900
Current Market Value: R 192 806
Value Retained: 91.9%
The top-level Triber trim was also very popular in its first year, with twelve 2020-vintage Triber Prestiges listed on AutoTrader at the time of writing. This relative over-supply does have a negative effect on resale values, however, because the high-trim Triber loses value a little quicker over one year than the mid-trim Dynamique does.
It still registers a solid 91.9% value retention after one year, though, which is pretty decent for a budget car in a specialised niche. In contrast to the Dynamique, most of the Triber Prestiges have very low mileages, indicating that this trim level is more popular among private buyers.
* Pricing was accurate at the time of writing, but may change without any prior notice.
Verdict
This evaluation correlates with a trend we’ve noticed with many other budget-focused cars: the Triber’s best value retention can be found in the middle of the range. This means that new-car buyers will be slightly better-off by settling for a mid-trim Dynamique if they plan to sell it after a short time.
Used-car buyers will be well-advised to shop for a Triber Prestige, however, because this trim level has the highest initial depreciation, leading to a selection of (relatively) bargain-priced pre-owned cars. A well-equipped Triber at a nice discount certainly makes a lot of sense.
