Mahindra Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mahindra cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 13.18 lakhs. November went through a strong inflation with a rise in the price till ₹ 20.17 lakhs. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 23 % from ₹ 16.67 lakhs to ₹ 20.52 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 18.59 lakhs to ₹ 18.8 lakhs during February and March.
The average price for Mahindra has had a strong rise in recent years. Between 2004 and 2019, the average price is ₹ 4.7 lakhs. There was a significant inflation of the average price in 2004 (₹ 2.08 lakhs) moving up till (₹ 3.28 lakhs)in 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -64 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 17 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₹ 2.05 lakhs) and the the last two years that have been analyzed (2022, 2023) with a price of ₹ 2.4 lakhs.
The graph that displays the price for Mahindra cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 72 % more affordable than the average price (₹ 15.9 lakhs). Next with a price of ₹ 5.02 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 12% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 9.55 lakhs.
The graph showing the average price for the fuel type for Mahindra cars points out to "Electric" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 15.9 lakhs) followed by "Petrol" priced at ₹ 8,112. On average the cheapest type of fuel is "Diesel". It´s price is 47 % more affordable than the average market value followed by "CNG" with a price of ₹ 1.42 lakhs.