Mahindra Quanto 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 Mahindra Quanto cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₹ 1.62 crores. During November there was a slight reduction in the selling prices dropping till ₹ 1.54 crores. The following two months the selling price went through a strong reduction of -28 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -63 % compared to the 4 previous average values going down from ₹ 1.36 crores to ₹ 50.78 lakhs.
The average price for Mahindra Quanto has had a strong rise in recent years. During 2012 and 2012, the average price was ₹ 44.91 lakhs. During this period, prices pretty much remained constant. During the next two years the average price(₹ 45.9 lakhs) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 52 % 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 (₹ 95.43 lakhs) and the the last two years that have been analyzed (2016, 2017) with a price of ₹ 1.45 crores.
The graph that displays the price for Mahindra Quanto cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 53 % more affordable than the average price (₹ 58.41 lakhs). Next with a price of ₹ 71.69 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 32% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 71.69 lakhs.