Mahindra Scorpio 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 Scorpio cars has had a strong depreciation during the last 6 months we have studied. In August the average price per vehicle is ₹ 45.27 lakhs. During September the price went trough a strong deflation till ₹ 18.52 lakhs. The following two months the selling price went through a strong reduction of -45 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -32 % compared to the 4 previous average values going down from ₹ 24.66 lakhs to ₹ 16.71 lakhs.
The average price for Mahindra Scorpio has had a strong rise in recent years. Between 2004 and 2018, the average price is ₹ 5.94 lakhs. There was a significant inflation of the average price in 2004 (₹ 2.11 lakhs) moving up till (₹ 13.34 lakhs)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 139 %. 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 (₹ 15.44 lakhs) and the the last two years that were studied (2021, 2022) with a price of ₹ 16.71 lakhs.
The graph that displays the price for Mahindra Scorpio 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 79 % more affordable than the average price (₹ 16.41 lakhs). Next with a price of ₹ 10.34 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 14.75 lakhs.
The graph displaying the average price for vehicles with doors shows that Mahindra Scorpio automobiles with the cheapest price have 4 doors. They are 79 % cheaper than the average price for this model priced at ₹ 3.48 lakhs. Cars with the lowest price have 5 doors and are 74 % cheaper than the average previously displayed.