Mahindra TUV300 Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mahindra TUV300 cars have gone through a strong rise during the last 6 months. During the first month analyzed in July the average price was ₹ 3.12 crores. August went through a strong inflation with a rise in the price till ₹ 4.75 crores. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 41 % from ₹ 3.93 crores to ₹ 5.56 crores. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₹ 4.75 crores to ₹ 4.31 crores during November and December.
The average price for Mahindra TUV300 has gone through a significant depreciation in recent years. During 2015 and 2015, the average price was ₹ 2.31 crores. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -19 % compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -6 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 1.77 crores) and the the last two years analyzed (2018, 2019) with a price of ₹ 1.66 crores.
The graph that displays the price for Mahindra TUV300 cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 74 % more affordable than the average price (₹ 4.39 crores). Next with a price of ₹ 1.64 crores and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 22% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₹ 3.12 crores.