Hyundai Getz 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 Hyundai Getz cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is ₹ 36.78 lakhs. During December the price went trough a strong deflation till ₹ 16.24 lakhs. The average selling price has remained fairly constant during the following two months, going from ₹ 26.51 lakhs to ₹ 26.66 lakhs. The average price has had spectacular rise of 51 % with an average price of ₹ 26.59 lakhs during the previous 4 months and ₹ 40.03 lakhs during the most recent months in March and April.
The average price for Hyundai Getz has had a strong rise in recent years. During 2005 and 2006, the average price was ₹ 48.21 lakhs. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -57 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 71 % 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 (₹ 70.37 lakhs) and the the last two years that have been analyzed (2009, 2010) with a price of ₹ 1.2 crores.
The graph that displays the price for Hyundai Getz cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 97 % more affordable than the average price (₹ 42.95 lakhs). Next with a price of ₹ 42.4 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 129% more costly than the average market value followed by those vehicles with a mileage of "more than 2,00,000" and a price of ₹ 87.07 lakhs.