Mahindra Xylo 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 Xylo cars has had a strong depreciation during the last 6 months we have studied. The average price in March was of ₹ 6.12 crores. This price hardly went through any changes and remained at ₹ 6.12 crores during April. The following two months the selling price went through a strong reduction of -67 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 4.07 crores to ₹ 4.23 crores during July and August.
The average price for Mahindra Xylo has remained constant in recent years. During the first sample analyzed (2008 - 2015), the average selling price stood at ₹ 66.02 lakhs. During this time, the price for 2008 which was ₹ 98.48 lakhs decreased to ₹ 84.19 lakhs during 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 18 %. During the last two years, prices in the car industry have gone through a strong rise of 52 % 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 (₹ 1.61 crores) and the the last two years that have been analyzed (2018, 2019) with a price of ₹ 2.44 crores.
The graph that displays the price for Mahindra Xylo cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 99 % more affordable than the average price (₹ 4.75 crores). Next with a price of ₹ 20.62 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 "10,000 - 25,000". 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 ₹ 2.65 crores.