Price for Tata Indica
Tata Indica Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Tata Indica cars has fallen during the last 6 months we have analyzed. The average price for October is R 49 421. During November there was a slight reduction in the selling prices dropping till R 43 927. The average selling price has remained fairly constant during the following two months, going from R 46 674 to R 45 091. During the last couple of months, the average price has hardly changed, remaining the same going from R 45 882,5 to R 47 013 during February and March.
The average price for Tata Indica has had a strong rise in recent years. Between 2005 and 2011, the average price is R 40 026,67. There was a significant inflation of the average price in 2005 (R 18 000) moving up till (R 36 600)in 2011. During the next two years (2012, 2013), the average price went up 6 % moving from !PRECIO1! to R 42 379,5, During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 (R 55 194) and the the last two years that have been analyzed (2014, 2016) with a price of R 68 008,5.
The graph that displays the price for Tata Indica 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 42 % more affordable than the average price (R 47 117). Next with a price of R 42 611 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 80% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 71 967.
