Ford Aspire 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 Ford Aspire cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₹ 5.39 lakhs. During November there was a slight reduction in the selling prices dropping till ₹ 4.91 lakhs. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 4.67 lakhs to ₹ 4.61 lakhs during February and March.
The average price for Ford Aspire has had a strong rise in recent years. During 2015 and 2015, the average price was ₹ 4.04 lakhs. During this period, prices pretty much remained constant. During the next two years (2016, 2017), the average price went up 12 % moving from !PRECIO1! to ₹ 4.52 lakhs, 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 (₹ 4.92 lakhs) and the the last two years that were studied (2018, 2019) with a price of ₹ 5.33 lakhs.
The graph that displays the price for Ford Aspire 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 100 % more affordable than the average price (₹ 4.53 lakhs). Next with a price of ₹ 3.63 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 27% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 4.36 lakhs.
The graph showing the average price for the fuel type for Ford Aspire cars points out to "Petrol" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 4.53 lakhs) followed by "Diesel" priced at ₹ 2.96 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 35 % more affordable than the average market value followed by "Petrol" with a price of ₹ 481.