Mahindra Verito 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 Verito cars have gone through a strong rise during the last 6 months. In November the average price per vehicle is ₹ 17 lakhs. During December the price went trough a strong deflation till ₹ 7.19 lakhs. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 22 % from ₹ 12.1 lakhs to ₹ 14.75 lakhs. The average price has had spectacular rise of 464 % with an average price of ₹ 13.42 lakhs during the previous 4 months and ₹ 75.75 lakhs during the most recent months in March and April.
The average price for Mahindra Verito has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2011 to 2012, the average price was ₹ 72.05 lakhs. Please take note of of the significant depreciation in the prices between 2011 (₹ 1.14 crores) and 2012 (₹ 29.77 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -28 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 (₹ 72.26 lakhs) and the the last two years that have been analyzed (2015, 2019) with a price of ₹ 92.84 lakhs.
The graph that displays the price for Mahindra Verito 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 93 % more affordable than the average price (₹ 71.66 lakhs). Next with a price of ₹ 52.66 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 106% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 1.48 crores.
The graph showing the average price for the fuel type for Mahindra Verito cars points out to "Electric" as being the cheapest fuel type. It is 92 % less expensive than the average market price (₹ 71.66 lakhs) followed by "Diesel" priced at ₹ 66.52 lakhs. On average the most expensive type of fuel is "Petrol". It´s price is 252 % higher than the average market price followed by "Diesel" which costs ₹ 66.52 lakhs.