Nissan Micra Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Nissan Micra cars has fallen during the last 6 months we have analyzed. The average price for July is ₹ 3.45 lakhs. During August there was a slight reduction in the selling prices dropping till ₹ 3.07 lakhs. The following two months (September, October) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 3.08 lakhs to ₹ 3.17 lakhs during November and December.
The average price for Nissan Micra has had a strong rise in recent years. Between 2010 and 2014, the average price is ₹ 2.77 lakhs. There was a significant inflation of the average price in 2010 (₹ 2.34 lakhs) moving up till (₹ 3.11 lakhs)in 2014. During the next two years (2015, 2016), the average price went up 8 % moving from !PRECIO1! to ₹ 3 lakhs, During the last two years, prices in the car industry have experienced a depreciation of -14 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 2.63 lakhs) and the the last two years analyzed (2017, 2018) with a price of ₹ 2.27 lakhs.
The graph that displays the price for Nissan Micra 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 42 % more affordable than the average price (₹ 3.22 lakhs). Next with a price of ₹ 2.61 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 "less than 10,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 2.8 lakhs.
The graph showing the average price for the fuel type for Nissan Micra cars points out to "Petrol" as being the cheapest fuel type. It is 46 % less expensive than the average market price (₹ 3.22 lakhs) followed by "Diesel" priced at ₹ 1.75 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 45 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.74 lakhs.