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. In May the average price per vehicle is ₹ 1.33 crores. During June the price went trough a strong deflation till ₹ 3.48 lakhs. The following two months the selling price went through a strong reduction of -94 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -89 % compared to the 4 previous average values going down from ₹ 36.09 lakhs to ₹ 3.89 lakhs.
The average price for Chevrolet Tavera has had a strong rise in recent years. During 2005 and 2005, the average price was ₹ 2.27 lakhs. During this period, prices pretty much remained constant. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 66 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (₹ 4.47 lakhs) and the the last two years that have been analyzed (2015, 2016) with a price of ₹ 5.15 lakhs.
The graph that displays the price for Chevrolet Tavera 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 13 % more affordable than the average price (₹ 3.85 lakhs). Next with a price of ₹ 4.21 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 "25,000 - 50,000". It is 56% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 4.21 lakhs.