Nissan Micra 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 Nissan Micra cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is ₹ 3.58 crores. During May the price went trough a strong deflation till ₹ 90.23 lakhs. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. The average price has had spectacular rise of 38 % with an average price of ₹ 1.9 crores during the previous 4 months and ₹ 2.62 crores during the most recent months in August and September.
The average price for Nissan Micra has had a strong rise in recent years. Between 2010 and 2015, the average price is ₹ 36.43 lakhs. There was a significant inflation of the average price in 2010 (₹ 17.81 lakhs) moving up till (₹ 47.57 lakhs)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 89 %. During the last two years, the car industry has had a strong deflation in its selling prices of -52 % 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 (₹ 45.13 lakhs) and the the last two years (2018, 2019) with a price of ₹ 21.46 lakhs.
The graph that displays the price for Nissan Micra 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 98 % more affordable than the average price (₹ 2.6 crores). Next with a price of ₹ 39.58 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 "50,000 - 1,00,000". It is 59% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 66.22 lakhs.
The graph showing the average price for the fuel type for Nissan Micra cars points out to "Hybrid" as being the cheapest fuel type. It is 99 % less expensive than the average market price (₹ 2.6 crores) followed by "Diesel" priced at ₹ 2.83 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 59 % more affordable than the average market value followed by "Diesel" with a price of ₹ 2.83 lakhs.