Mahindra Scorpio Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mahindra Scorpio cars has fallen during the last 6 months we have analyzed. The average price in January was of ₹ 5.73 crores. This price hardly went through any changes and remained at ₹ 5.76 crores during February. The average selling price has remained fairly constant during the following two months, going from ₹ 5.74 crores to ₹ 5.65 crores. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from ₹ 5.7 crores to ₹ 5.07 crores during May and June.
The average price for Mahindra Scorpio has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2003 to 2016, the average price was ₹ 1.24 crores. Please take note of of the significant depreciation in the prices between 2003 (₹ 1.27 crores) and 2016 (₹ 94.05 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -90 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 57 % 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 (₹ 28.61 lakhs) and the the last two years that have been analyzed (2019, 2020) with a price of ₹ 45.02 lakhs.
The graph that displays the price for Mahindra Scorpio cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 97 % more affordable than the average price (₹ 5.14 crores). Next with a price of ₹ 38.99 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 20% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 2.09 crores.
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 ₹ 3.94 lakhs. Cars with the lowest price have 4 doors and are 99 % cheaper than the average previously displayed.