TATA Indica 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 Indica cars has had a strong depreciation during the last 6 months we have studied. In September the average price per vehicle is ₹ 3.02 crores. During October the price went trough a strong deflation till ₹ 69.22 lakhs. The following two months the selling price went through a strong reduction of -95 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -97 % compared to the 4 previous average values going down from ₹ 97.11 lakhs to ₹ 2.53 lakhs.
The average price for TATA Indica has had a strong rise in recent years. Between 2006 and 2013, the average price is ₹ 51.7 lakhs. There was a significant inflation of the average price in 2006 (₹ 99,750) moving up till (₹ 1.78 lakhs)in 2013. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -97 % compared to the previous period. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₹ 1.74 lakhs in 2016 and ₹ 1.69 lakhs during 2017.
The graph that displays the price for TATA Indica 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 71 % more affordable than the average price (₹ 2.29 lakhs). Next with a price of ₹ 1.1 lakhs and a mileage range of "more than 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 1018% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 1.89 lakhs.
The graph showing the average price for the fuel type for TATA Indica cars points out to "Petrol" as being the cheapest fuel type. It is 54 % less expensive than the average market price (₹ 2.29 lakhs) followed by "Diesel" priced at ₹ 2.02 lakhs. On average the most expensive type of fuel is "CNG". It´s price is 6494 % higher than the average market price followed by "Diesel" which costs ₹ 2.02 lakhs.