Hyundai Verna Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Hyundai Verna cars have gone through a strong rise during the last 6 months. The average price in November was of ₹ 12.51 lakhs. This price hardly went through any changes and remained at ₹ 12.72 lakhs during December. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 3220 % from ₹ 12.61 lakhs to ₹ 4.19 crores. The average price has had spectacular rise of 291 % with an average price of ₹ 2.16 crores during the previous 4 months and ₹ 8.44 crores during the most recent months in March and April.
The average price for Hyundai Verna has had a strong rise in recent years. Between 2006 and 2015, the average price is ₹ 2.95 crores. There was a significant inflation of the average price in 2006 (₹ 21.58 lakhs) moving up till (₹ 3.96 crores)in 2015. During the next two years the average price(₹ 3.07 crores) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -52 % 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 (₹ 2.02 crores) and the the last two years (2018, 2019) with a price of ₹ 96.25 lakhs.
The graph that displays the price for Hyundai Verna cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 85 % more affordable than the average price (₹ 8.45 crores). Next with a price of ₹ 1.86 crores and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 19% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 6.43 crores.
The graph showing the average price for the fuel type for Hyundai Verna cars points out to "Hybrid" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 8.45 crores) followed by "Petrol" priced at ₹ 1.24 crores. On average the cheapest type of fuel is "Diesel". It´s price is 19 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.24 crores.