Chevrolet Spark 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 Spark cars has had a strong depreciation during the last 6 months we have studied. In August the average price per vehicle is ₹ 5.19 crores. During September the price went trough a strong deflation till ₹ 1.76 crores. The following two months the selling price went through a strong reduction of -100 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -99 % compared to the 4 previous average values going down from ₹ 1.74 crores to ₹ 1.77 lakhs.
The average price for Chevrolet Spark has had a strong rise in recent years. Between 2007 and 2010, the average price is ₹ 1.13 lakhs. There was a significant inflation of the average price in 2007 (₹ 80,172) moving up till (₹ 1.28 lakhs)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 37 %. During the last two years, prices in the car industry have gone up 6 % 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 (₹ 1.65 lakhs) and the the last two years that were studied (2013, 2014) with a price of ₹ 1.76 lakhs.
The graph that displays the price for Chevrolet Spark 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 44 % more affordable than the average price (₹ 1.85 lakhs). Next with a price of ₹ 1.3 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 1.68 lakhs.
The graph showing the average price for the fuel type for Chevrolet Spark cars points out to "LPG" as being the cheapest fuel type. It is 10 % less expensive than the average market price (₹ 1.85 lakhs) followed by "Petrol" priced at ₹ 1.78 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 3 % more affordable than the average market value followed by "LPG" with a price of ₹ 1.65 lakhs.