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 April the average price per vehicle is ₹ 8.28 crores. During May the price went trough a strong deflation till ₹ 5.6 crores. The following two months (June, July) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 16 % with an average price of ₹ 6.73 crores during the previous 4 months and ₹ 7.81 crores during the most recent months in August and September.
The average price for Mahindra Scorpio has had a strong rise in recent years. Between 2002 and 2015, the average price is ₹ 1.61 crores. There was a significant inflation of the average price in 2002 (₹ 1.74 lakhs) moving up till (₹ 4.44 crores)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 122 %. During the last two years, the car industry has had a strong deflation in its selling prices of -22 % 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 (₹ 2.91 crores) and the the last two years (2018, 2019) with a price of ₹ 2.26 crores.
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 87 % more affordable than the average price (₹ 8.01 crores). Next with a price of ₹ 1.41 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 "50,000 - 1,00,000". It is 16% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 5.08 crores.
The graph showing the average price for the fuel type for Mahindra Scorpio cars points out to "Petrol" as being the cheapest fuel type. It is 99 % less expensive than the average market price (₹ 8.01 crores) followed by "Diesel" priced at ₹ 7.85 crores. On average the cheapest type of fuel is "Diesel". It´s price is 2 % more affordable than the average market value followed by "Petrol" with a price of ₹ 5.01 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 99 % cheaper than the average price for this model priced at ₹ 4.41 lakhs. Cars with the lowest price have 5 doors and are 99 % cheaper than the average previously displayed.