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 November the average price per vehicle is ₹ 94.75 lakhs. During December the price went trough a strong deflation till ₹ 76.51 lakhs. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -24 % compared to the 4 previous average values going down from ₹ 68.69 lakhs to ₹ 51.91 lakhs.
The average price for Skoda Octavia has had a strong rise in recent years. During the first sample analyzed, going from 2002 to 2015, the average price was ₹ 31.2 lakhs. Please take note of of the significant depreciation in the prices between 2002 (₹ 15.45 lakhs) and 2015 (₹ 12.35 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -52 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (₹ 18.45 lakhs) and the the last two years that have been analyzed (2018, 2019) with a price of ₹ 21.97 lakhs.
The graph that displays the price for Skoda Octavia 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 82 % more affordable than the average price (₹ 54.13 lakhs). Next with a price of ₹ 10.16 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "more than 2,00,000". It is 53% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 15.95 lakhs.
The graph showing the average price for the fuel type for Skoda Octavia cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price (₹ 54.13 lakhs) followed by "Petrol" priced at ₹ 1.13 crores. On average the most expensive type of fuel is "Petrol". It´s price is 109 % higher than the average market price followed by "Diesel" which costs ₹ 4.65 lakhs.