TATA Nano Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for TATA Nano cars have remained constant in the last 6 months. The average price in October was of ₹ 1.18 lakhs. This price hardly went through any changes and remained at ₹ 1.12 lakhs during November. The average selling price has remained fairly constant during the following two months, going from ₹ 1.15 lakhs to ₹ 1.15 lakhs. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 1.26 lakhs) during February and March.
The average price for TATA Nano has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2010 to 2013, the average price was ₹ 19.52 lakhs. Please take note of of the significant depreciation in the prices between 2010 (₹ 75.61 lakhs) and 2013 (₹ 95,889). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -93 % 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 (₹ 1.76 lakhs) and the the last two years that have been analyzed (2016, 2017) with a price of ₹ 2.06 lakhs.
The graph that displays the price for TATA Nano cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 32 % more affordable than the average price (₹ 1.27 lakhs). Next with a price of ₹ 1.33 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 20% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 1.36 lakhs.