TATA Indica V2 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for TATA Indica V2 cars have increased during the last 6 months. The average price for July is ₹ 1.29 lakhs. During August there was a slight reduction in the selling prices dropping till ₹ 1.22 lakhs. The following two months (September, October) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 57 % with an average price of ₹ 1.2 lakhs during the previous 4 months and ₹ 1.88 lakhs during the most recent months in November and December.
The average price for TATA Indica V2 has had a strong rise in recent years. Between 2002 and 2013, the average price is ₹ 90,877.09. There was a significant inflation of the average price in 2002 (₹ 60,200) moving up till (₹ 1.23 lakhs)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 76 %. During the last two years, prices in the car industry have gone up 11 % 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 (₹ 1.8 lakhs) and the the last two years that were studied (2016, 2017) with a price of ₹ 2 lakhs.
The graph that displays the price for TATA Indica V2 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 52 % more affordable than the average price (₹ 1.84 lakhs). Next with a price of ₹ 1.04 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 24% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 1.25 lakhs.
The graph showing the average price for the fuel type for TATA Indica V2 cars points out to "Hybrid" as being the cheapest fuel type. It is 56 % less expensive than the average market price (₹ 1.84 lakhs) followed by "Petrol" priced at ₹ 86,700. On average the cheapest type of fuel is "Diesel". It´s price is 0 % more affordable than the average market value followed by "Petrol" with a price of ₹ 86,700.