Mahindra Scorpio 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 Scorpio cars have gone through a strong rise during the last 6 months. The average price in September was of ₹ 7.25 lakhs. This price hardly went through any changes and remained at ₹ 7.28 lakhs during October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 44 % from ₹ 7.27 lakhs to ₹ 10.45 lakhs. The average price has had spectacular rise of 21 % with an average price of ₹ 8.86 lakhs during the previous 4 months and ₹ 10.71 lakhs during the most recent months in January and February.
The average price for Mahindra Scorpio has had a strong rise in recent years. Between 2005 and 2018, the average price is ₹ 4.95 lakhs. There was a significant inflation of the average price in 2005 (₹ 2.48 lakhs) moving up till (₹ 7.98 lakhs)in 2018. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -65 % 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 (₹ 5.73 lakhs) and the the last two years that have been analyzed (2022, 2023) with a price of ₹ 9.71 lakhs.
The graph that displays the price for Mahindra Scorpio cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 82 % more affordable than the average price (₹ 11.17 lakhs). Next with a price of ₹ 3.21 lakhs and a mileage range of "1,00,000 - 2,00,000" 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 "25,000 - 50,000" priced at ₹ 4.93 lakhs.