Maruti 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 Maruti cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 536. November went through a strong inflation with a rise in the price till ₹ 20,554. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 212 % from ₹ 10,545 to ₹ 32,877.5. The average price has had spectacular rise of 169515 % with an average price of ₹ 21,711.25 during the previous 4 months and ₹ 3.68 crores during the most recent months in February and March.
The average price for Maruti has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2019, the average price was ₹ 84.66 lakhs. Please take note of of the significant depreciation in the prices between "before 2000" (₹ 5.57 crores) and 2019 (₹ 96,324). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -100 % compared to the previous period. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₹ 39,894) and the the last two years that were studied (2022, 2023) with a price of ₹ 43,985.
The graph that displays the price for Maruti 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 100 % more affordable than the average price (₹ 4.09 crores). Next with a price of ₹ 1.72 lakhs and a mileage range of "more than 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 81% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 77.67 lakhs.
The graph showing the average price for the fuel type for Maruti cars points out to "LPG" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 4.09 crores) followed by "CNG" priced at ₹ 528. On average the cheapest type of fuel is "Petrol". It´s price is 100 % more affordable than the average market value followed by "Diesel" with a price of ₹ 819.