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 for December is ₹ 1.94 crores. During January there was a slight reduction in the selling prices dropping till ₹ 1.65 crores. The following two months the selling price went through a strong reduction of -58 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -30 % compared to the 4 previous average values going down from ₹ 1.28 crores to ₹ 89.54 lakhs.
The average price for Chevrolet Tavera has had a strong rise in recent years. Between 2005 and 2013, the average price is ₹ 1.31 crores. There was a significant inflation of the average price in 2005 (₹ 75.14 lakhs) moving up till (₹ 1.56 crores)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 18 %. During the last two years, prices in the car industry have gone through a strong rise of 36 % 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 (₹ 2.41 crores) and the the last two years that have been analyzed (2016, 2017) with a price of ₹ 3.28 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 63 % more affordable than the average price (₹ 1.27 crores). Next with a price of ₹ 1.12 crores 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 "more than 2,00,000". It is 75% 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 ₹ 1.33 crores.