Ford Ikon 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 Ikon cars has fallen during the last 6 months we have analyzed. The average price for May is ₹ 2.25 lakhs. During June there was a slight reduction in the selling prices dropping till ₹ 2 lakhs. The following two months (July, August) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from ₹ 2.04 lakhs to ₹ 1.93 lakhs during September and October.
The average price for Ford Ikon has had a strong rise in recent years. Between 2000 and 2007, the average price is ₹ 82,491.12. There was a significant inflation of the average price in 2000 (₹ 67,222) moving up till (₹ 1.05 lakhs)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 84 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₹ 1.59 lakhs in 2010 and ₹ 1.66 lakhs during 2011.
The graph that displays the price for Ford Ikon cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 57 % more affordable than the average price (₹ 2.02 lakhs). Next with a price of ₹ 92,754 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 1.42 lakhs.
The graph showing the average price for the fuel type for Ford Ikon cars points out to "Hybrid" as being the cheapest fuel type. It is 62 % less expensive than the average market price (₹ 2.02 lakhs) followed by "LPG" priced at ₹ 80,000. On average the cheapest type of fuel is "Diesel". It´s price is 6 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.34 lakhs.