Volkswagen Vento 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 Volkswagen Vento cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₹ 6.45 crores. During November there was a slight reduction in the selling prices dropping till ₹ 5.94 crores. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from ₹ 5.66 crores to ₹ 4.67 crores.
The average price for Volkswagen Vento has had a strong rise in recent years. During the first sample analyzed, going from 2010 to 2016, the average price was ₹ 46.91 lakhs. Please take note of of the significant depreciation in the prices between 2010 (₹ 36.95 lakhs) and 2016 (₹ 23.79 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -33 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 70 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₹ 1.04 crores) and the the last two years that have been analyzed (2019, 2020) with a price of ₹ 1.77 crores.
The graph that displays the price for Volkswagen Vento cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 98 % more affordable than the average price (₹ 4.59 crores). Next with a price of ₹ 10.5 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 41% less expensive than the average market value followed by those cars with a mileage of "more than 2,00,000" priced at ₹ 2.41 crores.
The graph showing the average price for the fuel type for Volkswagen Vento cars points out to "Petrol" as being the cheapest fuel type. It is 77 % less expensive than the average market price (₹ 4.59 crores) followed by "Diesel" priced at ₹ 3.63 crores. On average the cheapest type of fuel is "Diesel". It´s price is 21 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.04 crores.