Faw V2 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 V2 cars have remained constant in the last 6 months. The average price in October was of Rs. 18.05 lakhs. This price hardly went through any changes and remained at Rs. 18.46 lakhs during November. The average selling price has remained fairly constant during the following two months, going from Rs. 18.26 lakhs to Rs. 18.48 lakhs. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from Rs. 18.37 lakhs to Rs. 15.82 lakhs during February and March.
The average price for Faw V2 has become more expensive in recent years. Between 2015 y 2017, the average price is Rs. 12.87 lakhs. There was a price inflation going from (Rs. 11.67 lakhs) to (Rs. 12.9 lakhs). During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 17 %. During the last two years, the car industry has had a strong deflation in its selling prices of -17 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (Rs. 12.92 lakhs) and the the last two years (2020, 2021) with a price of Rs. 10.73 lakhs.
The graph that displays the price for Faw V2 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 10 % more affordable than the average price (Rs. 13.47 lakhs). Next with a price of Rs. 12.44 lakhs and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 39% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of Rs. 14.57 lakhs.