Maruti Suzuki 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 Maruti Suzuki cars have remained constant in the last 6 months. The average price for August is ₹ 9.67 lakhs. During September there was a slight reduction in the selling prices dropping till ₹ 8.79 lakhs. During the following two months (October, November) the average selling price rose somewhat going from ₹ 9.23 lakhs to ₹ 9.73 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 9.48 lakhs to ₹ 9.58 lakhs during December and January.
The average price for Maruti Suzuki has had a strong rise in recent years. Between 2003 and 2019, the average price is ₹ 4.07 lakhs. There was a significant inflation of the average price in 2003 (₹ 1.3 lakhs) moving up till (₹ 6.65 lakhs)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 63 %. During the last two years, prices in the car industry have gone up 11 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₹ 7.43 lakhs) and the the last two years that were studied (2022, 2023) with a price of ₹ 8.23 lakhs.
The graph that displays the price for Maruti Suzuki 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 65 % more affordable than the average price (₹ 9.46 lakhs). Next with a price of ₹ 4.55 lakhs and a mileage range of "more than 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 14% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 7.99 lakhs.