Chevrolet Cruze 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 Chevrolet Cruze cars has had a strong depreciation during the last 6 months we have studied. In May the average price per vehicle is ₹ 75.28 lakhs. During June the price went trough a strong deflation till ₹ 6.15 lakhs. The following two months the selling price went through a strong reduction of -84 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -73 % compared to the 4 previous average values going down from ₹ 23.63 lakhs to ₹ 6.34 lakhs.
The average price for Chevrolet Cruze has had a strong rise in recent years. Between 2009 and 2013, the average price is ₹ 3.73 lakhs. There was a significant inflation of the average price in 2009 (₹ 2.75 lakhs) moving up till (₹ 4.5 lakhs)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 47 %. 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 (₹ 6.62 lakhs) and the the last two years that have been analyzed (2016, 2017) with a price of ₹ 7.75 lakhs.
The graph that displays the price for Chevrolet Cruze cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 60 % more affordable than the average price (₹ 6.42 lakhs). Next with a price of ₹ 4.6 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 5.95 lakhs.