Maruti 1000 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 Maruti 1000 cars have gone through a strong rise during the last 6 months. During the first month analyzed in January the average price was ₹ 1.51 lakhs. February went through a strong inflation with a rise in the price till ₹ 1.9 lakhs. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 23 % from ₹ 1.7 lakhs to ₹ 2.1 lakhs. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 2.07 lakhs) during May and June.
The average price for Maruti 1000 has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₹ 3.35 lakhs. There was a significant inflation of the average price in "before 2000" (₹ 57,900) moving up till (₹ 2.68 lakhs)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 465 %. During the last two years, the car industry has had a strong deflation in its selling prices of -82 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₹ 10.41 lakhs) and the the last two years (2017, 2018) with a price of ₹ 1.89 lakhs.
The graph that displays the price for Maruti 1000 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 27 % more affordable than the average price (₹ 1.88 lakhs). Next with a price of ₹ 1.49 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 "10,000 - 25,000". It is 4255% more costly than the average market value followed by those vehicles with a mileage of "more than 2,00,000" and a price of ₹ 22.73 lakhs.
The graph showing the average price for the fuel type for Maruti 1000 cars points out to "LPG" as being the cheapest fuel type. It is 80 % less expensive than the average market price (₹ 1.88 lakhs) followed by "Hybrid" priced at ₹ 1.29 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 103 % higher than the average market price followed by "Petrol" which costs ₹ 1.66 lakhs.