TATA Safari Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for TATA Safari cars have gone through a strong rise during the last 6 months. During the first month analyzed in August the average price was ₹ 6.38 lakhs. September went through a strong inflation with a rise in the price till ₹ 8.21 lakhs. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 24 % from ₹ 7.29 lakhs to ₹ 9.06 lakhs. The average price has had spectacular rise of 63 % with an average price of ₹ 8.17 lakhs during the previous 4 months and ₹ 13.36 lakhs during the most recent months in December and January.
The average price for TATA Safari has had a strong rise in recent years. During the first sample analyzed, going from 2008 to 2017, the average price was ₹ 2.25 lakhs. Please take note of of the significant depreciation in the prices between 2008 (₹ 2.05 lakhs) and 2017 (₹ 637). During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 287 %. 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 (₹ 9.67 lakhs) and the the last two years that were studied (2023, 2024) with a price of ₹ 10.64 lakhs.
The graph that displays the price for TATA Safari cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 89 % more affordable than the average price (₹ 14.83 lakhs). Next with a price of ₹ 1.62 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 11.51 lakhs.