Chevrolet Optra Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Chevrolet Optra cars has fallen during the last 6 months we have analyzed. The average price for June is ₹ 1.86 lakhs. During July there was a slight reduction in the selling prices dropping till ₹ 1.73 lakhs. The following two months (August, September) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 1.69 lakhs to ₹ 1.63 lakhs during October and November.
The average price for Chevrolet Optra has had a strong rise in recent years. Between 2004 and 2007, the average price is ₹ 1.66 lakhs. There was a significant inflation of the average price in 2004 (₹ 1.36 lakhs) moving up till (₹ 1.92 lakhs)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 16 %. During the last two years, prices in the car industry have gone up 8 % 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 (₹ 2.09 lakhs) and the the last two years that were studied (2010, 2011) with a price of ₹ 2.25 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 20 % more affordable than the average price (₹ 1.75 lakhs). Next with a price of ₹ 1.59 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "1,00,000 - 2,00,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 1.59 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 18 % less expensive than the average market price (₹ 1.75 lakhs) followed by "Diesel" priced at ₹ 2.37 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 35 % higher than the average market price followed by "Petrol" which costs ₹ 1.43 lakhs.