Ford Figo Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Ford Figo cars has fallen during the last 6 months we have analyzed. The average price in July was of ₹ 3.34 lakhs. This price hardly went through any changes and remained at ₹ 3.31 lakhs during August. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 3.42 lakhs) during November and December.
The average price for Ford Figo has had a strong rise in recent years. Between 2010 and 2014, the average price is ₹ 2.6 lakhs. There was a significant inflation of the average price in 2010 (₹ 2.1 lakhs) moving up till (₹ 3.18 lakhs)in 2014. During the next two years the average price(₹ 2.64 lakhs) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -12 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 2.36 lakhs) and the the last two years analyzed (2017, 2018) with a price of ₹ 2.08 lakhs.
The graph that displays the price for Ford Figo 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 52 % more affordable than the average price (₹ 3.4 lakhs). Next with a price of ₹ 2.18 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 16% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 2.76 lakhs.
The graph showing the average price for the fuel type for Ford Figo cars points out to "Petrol" as being the cheapest fuel type. It is 66 % less expensive than the average market price (₹ 3.4 lakhs) followed by "Diesel" priced at ₹ 1.43 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 58 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.15 lakhs.