Skoda Octavia 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 Skoda Octavia cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is ₹ 13.54 lakhs. During July the price went trough a strong deflation till ₹ 10.85 lakhs. The following two months the selling price went through a strong reduction of -37 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 9.97 lakhs to ₹ 9.94 lakhs during October and November.
The average price for Skoda Octavia has gone down in recent years. During the first sample analyzed, going from 2013 to 2017, the average price was ₹ 8.12 lakhs. Please take note of of the significant depreciation in the prices between 2013 (₹ 9.07 lakhs) and 2017 (₹ 6.94 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -51 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 51 % 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 (₹ 8.01 lakhs) and the the last two years that have been analyzed (2021, 2022) with a price of ₹ 12.07 lakhs.
The graph that displays the price for Skoda Octavia 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 81 % more affordable than the average price (₹ 9.63 lakhs). Next with a price of ₹ 5.51 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 60% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 10.09 lakhs.
The graph showing the average price for the fuel type for Skoda Octavia cars points out to "Petrol" as being the cheapest fuel type. It is 65 % less expensive than the average market price (₹ 9.63 lakhs) followed by "Diesel" priced at ₹ 4.4 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 54 % more affordable than the average market value followed by "Petrol" with a price of ₹ 3.41 lakhs.