Hyundai Verna 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 Hyundai Verna cars have gone through a strong rise during the last 6 months. The average price in September was of ₹ 8.15 lakhs. This price hardly went through any changes and remained at ₹ 8.25 lakhs during October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 19 % from ₹ 8.2 lakhs to ₹ 9.76 lakhs. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 10.17 lakhs) during January and February.
The average price for Hyundai Verna has had a strong rise in recent years. Between 2006 and 2019, the average price is ₹ 3.77 lakhs. There was a significant inflation of the average price in 2006 (₹ 1.5 lakhs) moving up till (₹ 3.95 lakhs)in 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -33 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 70 % 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 (₹ 8.38 lakhs) and the the last two years that have been analyzed (2022, 2023) with a price of ₹ 14.24 lakhs.
The graph that displays the price for Hyundai Verna 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 79 % more affordable than the average price (₹ 10.41 lakhs). Next with a price of ₹ 4.49 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 5.54 lakhs.
The graph showing the average price for the fuel type for Hyundai Verna cars points out to "Petrol" as being the cheapest fuel type. It is 81 % less expensive than the average market price (₹ 10.41 lakhs) followed by "Diesel" priced at ₹ 3.08 lakhs. On average the cheapest type of fuel is "CNG". It´s price is 47 % more affordable than the average market value followed by "Diesel" with a price of ₹ 3.08 lakhs.