Egypt car prices in October: at least 109 rises, and some trims went up twice

We recorded at least 109 increases in official new car prices in Egypt in October, across 46 models from 16 brands. Most increases were small, averaging 1.9%, but 11 trims went up in price twice in the same month.

Infographic: Hatgebk

Price increases came in waves

77 of the 109 increases happened on just 3 days: 15, 22 and 27 October. And 103 increases were below 3%.

Infographic: Hatgebk

Trims that went up twice in one month

These models had trims whose prices changed twice in October: Deepal G318, Chery Arrizo 5, Chery Tiggo 7 Pro, Hyundai Elantra and Hyundai Venue. For example, the entry-level Hyundai Elantra trim cost EGP 1,020,000, rose to EGP 1,035,000 on 14 October, then reached EGP 1,050,000 on 22 October.

Infographic: Hatgebk

Hyundai Elantra. Photo: Hyundai

Biggest percentage increases

• Geely Galaxy EX2 MAX: from EGP 849,900 to EGP 899,900 (+5.9%)
• Geely Galaxy EX2 PRO: from EGP 749,900 to EGP 789,900 (+5.3%)
• Opel Frontera Luxury: from EGP 1,230,000 to EGP 1,280,000 (+4.1%)
• Kia EV3 Air: from EGP 1,400,000 to EGP 1,450,000 (+3.6%)
• Opel Mokka GS Line: from EGP 1,550,000 to EGP 1,600,000 (+3.2%)
• MG RX9 PHEV: from EGP 1,899,990 to EGP 1,959,990 (+3.2%)
• Skoda Kodiaq Selection Loft: from EGP 2,550,000 to EGP 2,625,000 (+2.9%)

Infographic: Hatgebk

Geely Galaxy EX2. Photo: Geely

Brands with the most price increases

• Chery: 19 increases across 7 models, averaging 1.5%
• Kia: 19 increases across 6 models, averaging 2.0%
• Hyundai: 18 increases across 4 models, averaging 1.8%
• Citroën: 7 increases across 3 models, averaging 1.5%
• GAC: 7 increases across 2 models, averaging 2.0%
• MG: 7 increases across 6 models, averaging 1.9%

By budget

Price increases were similar across all budgets.

Infographic: Hatgebk

• Under EGP 1 million: 23 increases, averaging 2.2%
• EGP 1 million to EGP 2 million: 64 increases, averaging 1.8%
• Over EGP 2 million: 22 increases, averaging 2.0%

Price cuts were few and linked to offers

Qasrawy Group, the JAC distributor, announced an EGP 95,000 price cut for the JAC JS8 Pro as part of a limited-time offer: the Limited trim was EGP 1,150,000 instead of EGP 1,245,000, according to Masrawy. So there was a price cut, but it applied to a specific model for a limited time.

JAC JS8 Pro. Photo: JAC

New models and updates in October

• Jaecoo J5: launched in Egypt for the first time, starting at EGP 1,195,000
• Jaecoo J7: launched in Egypt for the first time, starting at EGP 1,495,000
• Jaecoo J7 hybrid: launched in Egypt for the first time, starting at EGP 1,940,000
• Jaecoo J8: launched in Egypt for the first time, starting at EGP 2,650,000
• Renault Boreal: launched in Egypt for the first time, starting at EGP 1,470,000
• 2027 Nissan Sunny: new model year, starting at EGP 665,000
• 2027 KGM Torres: new update, starting at EGP 1,650,000
• 2027 Skoda Kodiaq: new model year, starting at EGP 2,625,000

Jaecoo J8. Photo: Jaecoo

What does this mean if you’re buying now?

• Don’t base your decision on prices falling: October saw far more increases than cuts, and the cut we found was a limited-time offer on a single model.
• Don’t rush either: the average increase was 1.9%, so you don’t have to buy today to avoid it.
• Get the price in writing: a trim’s price can change twice in a month, so ask for the price and delivery date to be written into the booking contract.

Our view: if you find the right car at the distributor’s price, buy it, and don’t put off the decision for months waiting for the price to fall. See our guide to the best car under 1 million EGP.

About these figures

These figures cover the official price increases we recorded where a previous price was known, rather than the whole market, so treat them as a minimum. This is our first month with enough data, so we don’t yet have a comparison with previous months.

If you share these figures: credit Hatgebk as the source and link to this article.