Prices of 5 New Cars Rise in September by Up to EGP 40,000

The Egyptian automotive market saw limited price hikes in September, affecting 5 new models with increases ranging from EGP 5,000 to EGP 40,000. According to experts, the rise is driven by exchange rate volatility and higher shipping and import insurance costs.

Chery Arrizo 5 Facelift Now Starts at EGP 685,000

GB Auto, the exclusive local agent for Chery, announced a price increase for the Arrizo 5 sedan, model year 2027. All trims rose by a flat EGP 5,000. Post-increase, the Base Line starts at EGP 685,000, the Baseline Leather at around EGP 730,000. The top-spec Comfort at EGP 770,000.

Chery Tiggo 7 Pro Up by EGP 5,000

GB Auto also raised the price of the Chery Tiggo 7 Pro SUV by a flat EGP 5,000. The 2027 model, available in two trims, now starts at EGP 1,080,000 for Comfort and EGP 1,180,000 for the top Luxury trim. It retains a 1.6L turbo engine producing 197 hp and 290 Nm, mated to a 7-speed automatic transmission.

Market Context: Modest Hikes After August Discounts

The increases came from Chinese and European brand agents, following a wave of discounts and offers across the market in August. The hikes affected family sedans, crossovers, and SUVs. Egypt's car market constantly swings between price hikes and discounts, though agents this time exercised caution with the magnitude to avoid dampening demand. The new prices directly influence purchase decisions among Egyptian consumers.

What the Increase Means for New Car Buyers

An EGP 5,000 bump on the Chery Arrizo 5 pushes the base trim to EGP 685,000 from 680,000. The Tiggo 7 Pro's entry trim now sits at EGP 1,080,000. These figures signal continued pressure on new car prices in Egypt, with exchange rate fluctuations remaining a key factor. Buyers waiting for prices to stabilize may find the wait futile amid gradual hikes like these.

Updated Prices in Egyptian Pounds

Here are the updated prices for the models mentioned after September's increases: Chery Arrizo 5 between EGP 685,000 and EGP 770,000. Chery Tiggo 7 Pro between EGP 1,080,000 and EGP 1,180,000. For comparison, check used Chery prices in the Egyptian market. Prices for other affected models will be published as they become available.