Price for Indian
Indian 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 Indian cars has fallen during the last 6 months we have analyzed. The average price for October is $17,042. During November there was a slight reduction in the selling prices dropping till $16,097. The following two months (December, January) the selling price went through a devaluation of -5 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from $16,149.25 to $15,165 during February and March.
The average price for Indian has had a strong rise in recent years. During the first sample analyzed (2015 - 2019), the average selling price stood at $12,778.25. During this time, the price for 2015 which was $11,450 decreased to $10,210 during 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 31 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of $16,769 in 2022 and $16,775 during 2023.
The graph that displays the price for Indian cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 23 % more affordable than the average price ($15,575). Next with a price of $14,330 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 4% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $14,330.
