TATA Safari 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 TATA Safari cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 4.08 lakhs. November went through a strong inflation with a rise in the price till ₹ 6.03 lakhs. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 25 % from ₹ 5.06 lakhs to ₹ 6.3 lakhs. The average price has had spectacular rise of 17 % with an average price of ₹ 5.68 lakhs during the previous 4 months and ₹ 6.66 lakhs during the most recent months in February and March.
The average price for TATA Safari has had a strong rise in recent years. Between 2007 and 2014, the average price is ₹ 3.6 lakhs. There was a significant inflation of the average price in 2007 (₹ 2.21 lakhs) moving up till (₹ 6.1 lakhs)in 2014. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -22 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 40 % 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 (₹ 4.69 lakhs) and the the last two years that have been analyzed (2022, 2023) with a price of ₹ 6.56 lakhs.
The graph that displays the price for TATA Safari cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 60 % more affordable than the average price (₹ 3.8 lakhs). Next with a price of ₹ 2.13 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 197% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 3.63 lakhs.