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 October the average price per vehicle is ₹ 8.01 crores. During November the price went trough a strong deflation till ₹ 6.79 crores. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from ₹ 6.64 crores to ₹ 5.86 crores during February and March.
The average price for Mahindra Scorpio has become more expensive in recent years. Between 2003 and 2016, the average price is ₹ 39.88 lakhs. There was a significant inflation of the average price in 2003 (₹ 37.73 lakhs) moving up till (₹ 1.43 crores)in 2016. During the next two years (2017, 2018), the average price went up 6 % moving from !PRECIO1! to ₹ 42.32 lakhs, During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 (₹ 53.04 lakhs) and the the last two years that have been analyzed (2019, 2020) with a price of ₹ 63.76 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 99 % more affordable than the average price (₹ 5.95 crores). Next with a price of ₹ 7.36 lakhs 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 28% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 2.22 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 (₹ 5.95 crores) followed by "Diesel" priced at ₹ 5.54 crores. On average the cheapest type of fuel is "Diesel". It´s price is 7 % more affordable than the average market value followed by "Petrol" with a price of ₹ 4.51 lakhs.
The graph displaying the average price for vehicles with doors shows that Mahindra Scorpio automobiles with the cheapest price have 5 doors. They are 99 % cheaper than the average price for this model priced at ₹ 3.76 lakhs. Cars with the lowest price have 4 doors and are 99 % cheaper than the average previously displayed.