Hindustan Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Hindustan cars has had a strong depreciation during the last 6 months we have studied. The average price for March is ₹ 2.09 crores. During April there was a slight reduction in the selling prices dropping till ₹ 1.86 crores. The following two months the selling price went through a strong reduction of -31 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from ₹ 1.66 crores to ₹ 1.28 crores.
The average price for Hindustan has had a strong rise in recent years. Between "before 2000" and 2004, the average price is ₹ 3.13 crores. There was a significant inflation of the average price in "before 2000" (₹ 1.11 crores) moving up till (₹ 2.51 crores)in 2004.
The graph that displays the price for Hindustan 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 65 % more affordable than the average price (₹ 1.26 crores). Next with a price of ₹ 70.07 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 1,00,000". It is 147% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₹ 2.47 crores.