Hyundai Creta Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Hyundai Creta cars have increased during the last 6 months. During the first month analyzed in October the average price was ₹ 12.72 lakhs. November went through a strong inflation with a rise in the price till ₹ 14.89 lakhs. The average selling price has remained fairly constant during the following two months, going from ₹ 13.81 lakhs to ₹ 14.31 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 14.06 lakhs to ₹ 14.4 lakhs during February and March.
The average price for Hyundai Creta has gone through a significant depreciation in recent years. During the first sample analyzed (2015 - 2019), the average selling price stood at ₹ 8.02 lakhs. During this time, the price for 2015 which was ₹ 8.78 lakhs decreased to ₹ 8.06 lakhs during 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -73 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -55 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₹ 1.38 lakhs) and the the last two years (2022, 2023) with a price of ₹ 62,112.
The graph that displays the price for Hyundai Creta 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 (₹ 13.36 lakhs). Next with a price of ₹ 9.35 lakhs and a mileage range of "50,000 - 1,00,000" 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 "25,000 - 50,000" priced at ₹ 10.7 lakhs.
The graph showing the average price for the fuel type for Hyundai Creta cars points out to "Petrol" as being the cheapest fuel type. It is 92 % less expensive than the average market price (₹ 13.36 lakhs) followed by "Diesel" priced at ₹ 4.25 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 68 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.1 lakhs.