Fiat Palio 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 Fiat Palio cars have gone through a strong rise during the last 6 months. During the first month analyzed in June the average price was R 27 481. July went through a strong inflation with a rise in the price till R 34 100. During the following two months (August, September) the average selling price rose somewhat going from R 30 790,5 to R 34 805,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 32 798 to R 33 333 during October and November.
The average price for Fiat Palio has had a strong rise in recent years. During 2000 and 2000, the average price was R 20 833. During this period, prices pretty much remained constant. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 18 %. During the last two years, prices in the car industry have gone up 14 % 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 (R 28 691,5) and the the last two years that were studied (2006, 2008) with a price of R 32 742.
The graph that displays the price for Fiat Palio cars according to their mileage shows that those cars within a mileage range of "more than 200 000" are the ones with the lowest price. They are 7 % more affordable than the average price (R 32 631). Next with a price of R 33 892 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10 000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "100 000 - 200 000" and a price of R 33 892.