TATA Sumo 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 Sumo cars have gone through a strong rise during the last 6 months. During the first month analyzed in April the average price was ₹ 2.51 lakhs. May went through a strong inflation with a rise in the price till ₹ 3.4 lakhs. During the following two months (June, July) the average selling price rose somewhat going from ₹ 2.95 lakhs to ₹ 3.1 lakhs. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from ₹ 3.03 lakhs to ₹ 2.6 lakhs during August and September.
The average price for TATA Sumo has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2013 to 2015, the average price was ₹ 1.9 lakhs. Please take note of of the significant depreciation in the prices between 2013 (₹ 2.37 lakhs) and 2015 (₹ 1.44 lakhs).
The graph that shows the price for TATA Sumo cars according to their mileage indicates that those vehicles within a mileage range of "25,000 - 50,000" are the most expensive ones. They are 13 % more costly than the average market price (₹ 2.2 lakhs). Next with a price of ₹ 2.51 lakhs and a mileage range of "50,000 - 1,00,000" we will see the following vehicles. The mileage range for the most expensive cars is "50,000 - 1,00,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 2.48 lakhs.