Chevrolet Optra 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 Optra cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in September the average price was ₹ 90.5 lakhs. October went through a strong inflation with a rise in the price till ₹ 1.05 crores. The following two months the selling price went through a strong reduction of -48 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -69 % compared to the 4 previous average values going down from ₹ 74.46 lakhs to ₹ 23.12 lakhs.
The average price for Chevrolet Optra has had a strong rise in recent years. Between 2003 and 2008, the average price is ₹ 6.51 lakhs. There was a significant inflation of the average price in 2003 (₹ 1.33 lakhs) moving up till (₹ 2.13 lakhs)in 2008. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -68 % compared to the previous period. During the last two years, prices in the car industry have gone up 10 % 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 (₹ 2.35 lakhs) and the the last two years that were studied (2011, 2012) with a price of ₹ 2.59 lakhs.
The graph that displays the price for Chevrolet Optra 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 92 % more affordable than the average price (₹ 19.71 lakhs). Next with a price of ₹ 5.47 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 2,00,000". It is 240% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 62.77 lakhs.
The graph showing the average price for the fuel type for Chevrolet Optra cars points out to "Hybrid" as being the cheapest fuel type. It is 94 % less expensive than the average market price (₹ 19.71 lakhs) followed by "Petrol" priced at ₹ 1.54 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 88 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.54 lakhs.