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. In April the average price per vehicle is ₹ 7.39 crores. During May the price went trough a strong deflation till ₹ 3 crores. The following two months (June, July) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 22 % with an average price of ₹ 4.94 crores during the previous 4 months and ₹ 6.05 crores during the most recent months in August and September.
The average price for Volkswagen Vento has had a strong rise in recent years. Between 2010 and 2015, the average price is ₹ 1.26 crores. There was a significant inflation of the average price in 2010 (₹ 31.73 lakhs) moving up till (₹ 60.68 lakhs)in 2015. During the next two years the average price(₹ 1.28 crores) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -9 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 1.18 crores) and the the last two years analyzed (2018, 2019) with a price of ₹ 1.07 crores.
The graph that displays the price for Volkswagen Vento 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 91 % more affordable than the average price (₹ 6.18 crores). Next with a price of ₹ 55.09 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 22% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 1.62 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 71 % less expensive than the average market price (₹ 6.18 crores) followed by "Diesel" priced at ₹ 5.73 crores. On average the cheapest type of fuel is "Diesel". It´s price is 7 % more affordable than the average market value followed by "Petrol" with a price of ₹ 1.77 crores.