TATA Indigo 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 Indigo cars has had a strong depreciation during the last 6 months we have studied. In August the average price per vehicle is ₹ 2.74 crores. During September the price went trough a strong deflation till ₹ 69.32 lakhs. The following two months the selling price went through a strong reduction of -98 % 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 ₹ 87.27 lakhs to ₹ 3 lakhs.
The average price for TATA Indigo has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2006 to 2013, the average price was ₹ 22.64 lakhs. Please take note of of the significant depreciation in the prices between 2006 (₹ 1.71 crores) and 2013 (₹ 2.17 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -90 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -16 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₹ 1.93 lakhs) and the the last two years (2016, 2017) with a price of ₹ 1.62 lakhs.
The graph that displays the price for TATA Indigo cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 61 % more affordable than the average price (₹ 2.96 lakhs). Next with a price of ₹ 1.59 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 "10,000 - 25,000". It is 14% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 2.49 lakhs.
The graph showing the average price for the fuel type for TATA Indigo cars points out to "Petrol" as being the cheapest fuel type. It is 48 % less expensive than the average market price (₹ 2.96 lakhs) followed by "CNG" priced at ₹ 2.12 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 6 % more affordable than the average market value followed by "CNG" with a price of ₹ 2.12 lakhs.