TATA Aria 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 TATA Aria cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is ₹ 1.65 crores. During May the price went trough a strong deflation till ₹ 4.25 lakhs. The following two months the selling price went through a strong reduction of -77 % compared to the previous two months studied. The average price has had spectacular rise of 58 % with an average price of ₹ 52.25 lakhs during the previous 4 months and ₹ 82.55 lakhs during the most recent months in August and September.
The average price for TATA Aria has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2011 to 2012, the average price was ₹ 1.26 crores. Please take note of of the significant depreciation in the prices between 2011 (₹ 1.55 crores) and 2012 (₹ 96.07 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -21 % compared to the previous period. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₹ 1.11 crores) and the the last two years that were studied (2015, 2016) with a price of ₹ 1.22 crores.
The graph that displays the price for TATA Aria 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 95 % more affordable than the average price (₹ 94.95 lakhs). Next with a price of ₹ 61.16 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "1,00,000 - 2,00,000". It is 56% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 88.87 lakhs.
The graph showing the average price for the fuel type for TATA Aria cars points out to "Petrol" as being the cheapest fuel type. It is 91 % less expensive than the average market price (₹ 94.95 lakhs) followed by "Diesel" priced at ₹ 1.17 crores. On average the most expensive type of fuel is "Diesel". It´s price is 23 % higher than the average market price followed by "Petrol" which costs ₹ 9 lakhs.