Chevrolet Tavera 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 Tavera cars has had a strong depreciation during the last 6 months we have studied. The average price in March was of ₹ 4.07 crores. This price hardly went through any changes and remained at ₹ 4.1 crores during April. The following two months the selling price went through a strong reduction of -71 % compared to the previous two months studied. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 2.91 crores) during July and August.
The average price for Chevrolet Tavera has had a strong rise in recent years. Between 2004 and 2013, the average price is ₹ 37.36 lakhs. There was a significant inflation of the average price in 2004 (₹ 41.13 lakhs) moving up till (₹ 80.84 lakhs)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 44 %. During the last two years, prices in the car industry have gone through a strong rise of 64 % 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 (₹ 1.5 crores) and the the last two years that have been analyzed (2016, 2017) with a price of ₹ 2.45 crores.
The graph that displays the price for Chevrolet Tavera cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 99 % more affordable than the average price (₹ 3.38 crores). Next with a price of ₹ 2.74 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 47% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 1.11 crores.