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. In December the average price per vehicle is ₹ 47.63 lakhs. During January the price went trough a strong deflation till ₹ 26.54 lakhs. The following two months the selling price went through a strong reduction of -42 % compared to the previous two months studied. The average price has had spectacular rise of 44 % with an average price of ₹ 29.35 lakhs during the previous 4 months and ₹ 42.4 lakhs during the most recent months in April and May.
The average price for Chevrolet Optra has had a strong rise in recent years. Between 2004 and 2005, the average price is ₹ 58.43 lakhs. There was a significant inflation of the average price in 2004 (₹ 49.65 lakhs) moving up till (₹ 67.21 lakhs)in 2005. During the next two years (2006, 2007) the price for the aforementioned model has gone up strongly a 38 %. During the last two years, prices in the car industry have experienced a depreciation of -6 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 76.26 lakhs) and the the last two years analyzed (2008, 2010) with a price of ₹ 71.9 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 21 % more affordable than the average price (₹ 64.17 lakhs). Next with a price of ₹ 65.43 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 "50,000 - 1,00,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 65.43 lakhs.
The graph showing the average price for the fuel type for Chevrolet Optra cars points out to "Petrol" as being the cheapest fuel type. It is 82 % less expensive than the average market price (₹ 64.17 lakhs) followed by "Diesel" priced at ₹ 91.58 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 43 % higher than the average market price followed by "Petrol" which costs ₹ 11.29 lakhs.