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. In June the price for a car is Rs. 12.01 lakhs increasing till Rs. 12.75 lakhs in July. The average selling price has remained fairly constant during the following two months, going from Rs. 12.38 lakhs to Rs. 12.1 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from Rs. 12.24 lakhs to Rs. 11.77 lakhs during October and November.
The average price for Faw has had a strong rise in recent years. Between 2013 and 2017, the average price is Rs. 9.17 lakhs. There was a significant inflation of the average price in 2013 (Rs. 8.66 lakhs) moving up till (Rs. 10.59 lakhs)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 26 %. 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. 13.01 lakhs) and the the last two years that were studied (2020, 2021) with a price of Rs. 14.5 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 42 % more affordable than the average price (Rs. 11.55 lakhs). Next with a price of Rs. 9.33 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 "25,000 - 50,000". It is 1% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of Rs. 11.34 lakhs.