Faw Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Faw cars have remained constant in the last 6 months. The average price in November was of Rs. 11.55 lakhs. This price hardly went through any changes and remained at Rs. 11.49 lakhs during December. The average selling price has remained fairly constant during the following two months, going from Rs. 11.52 lakhs to Rs. 12.06 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from Rs. 11.79 lakhs to Rs. 11.8 lakhs during March and April.
The average price for Faw has remained constant in recent years. During the first sample analyzed (2014 - 2017), the average selling price stood at Rs. 10.02 lakhs. During this time, the price for 2014 which was Rs. 11.47 lakhs decreased to Rs. 10.72 lakhs during 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 16 %. During the last two years, prices in the car industry have gone up 11 % 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 (Rs. 13.05 lakhs) and the the last two years that were studied (2020, 2021) with a price of Rs. 14.47 lakhs.
The graph that displays the price for Faw 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 27 % more affordable than the average price (Rs. 11.45 lakhs). Next with a price of Rs. 9.08 lakhs 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 6% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of Rs. 11.55 lakhs.