Mahindra Bolero Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mahindra Bolero cars have increased during the last 6 months. The average price in June was of ₹ 4.95 lakhs. This price hardly went through any changes and remained at ₹ 5.14 lakhs during July. During the following two months (August, September) the average selling price rose somewhat going from ₹ 5.05 lakhs to ₹ 5.61 lakhs. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 5.76 lakhs) during October and November.
The average price for Mahindra Bolero has had a strong rise in recent years. Between 2010 and 2014, the average price is ₹ 4.39 lakhs. There was a significant inflation of the average price in 2010 (₹ 3.09 lakhs) moving up till (₹ 5.68 lakhs)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 40 %. During the last two years, prices in the car industry have gone up 8 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₹ 6.69 lakhs) and the the last two years that were studied (2017, 2018) with a price of ₹ 7.25 lakhs.
The graph that displays the price for Mahindra Bolero 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 26 % more affordable than the average price (₹ 5.91 lakhs). Next with a price of ₹ 5.09 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 "less than 10,000". It is 12% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 5.63 lakhs.