It’s been a while since I have had to think about renewing my hosting. GoDaddy was the first place I checked for prices. That’s where the deals used to be. That doesn’t seem the case anymore! Having to move hosting companies can be a headache, so before you commit yourself like I did to their introductory low prices… shop around!
There is a plethora of hosts out there (none posted here, I am not a promoter), many with similar packages with cheaper prices.
*Additionally, you will not have to worry about the “when you renew price.” GoDaddy used to have renewal coupons, but it’s been years now since they stopped offering them.