Maruti Swift 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 Swift cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 498. November went through a strong inflation with a rise in the price till ₹ 697. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 18 % from ₹ 597.5 to ₹ 707.5. The average price has had spectacular rise of 50887 % with an average price of ₹ 652.5 during the previous 4 months and ₹ 3.33 lakhs during the most recent months in February and March.
The average price for Maruti Swift has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2005 to 2019, the average price was ₹ 87,734. Please take note of of the significant depreciation in the prices between 2005 (₹ 2.03 lakhs) and 2019 (₹ 73,338). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -73 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (₹ 28,183.25) and the the last two years that have been analyzed (2022, 2023) with a price of ₹ 32,525.5.
The graph that displays the price for Maruti Swift 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 100 % more affordable than the average price (₹ 3.41 lakhs). Next with a price of ₹ 65,377 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 48% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₹ 1.61 lakhs.
The graph showing the average price for the fuel type for Maruti Swift cars points out to "Diesel" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 3.41 lakhs) followed by "CNG" priced at ₹ 598. On average the cheapest type of fuel is "Petrol". It´s price is 100 % more affordable than the average market value followed by "CNG" with a price of ₹ 598.