Hyundai Santro Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Hyundai Santro cars have gone through a strong rise during the last 6 months. The average price in October was of Rs. 7.02 lakhs. This price hardly went through any changes and remained at Rs. 7.3 lakhs during November. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 49 % with an average price of Rs. 6.91 lakhs during the previous 4 months and Rs. 10.31 lakhs during the most recent months in February and March.
The average price for Hyundai Santro has had a strong rise in recent years. Between 2000 and 2007, the average price is Rs. 4.8 lakhs. There was a significant inflation of the average price in 2000 (Rs. 3.82 lakhs) moving up till (Rs. 5.98 lakhs)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 133 %. During the last two years, the car industry has had a strong deflation in its selling prices of -24 % 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. 9.05 lakhs) and the the last two years (2014, 2015) with a price of Rs. 6.91 lakhs.
The graph that displays the price for Hyundai Santro cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 51 % more affordable than the average price (Rs. 9.31 lakhs). Next with a price of Rs. 5.41 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "more than 200,000". It is 12% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at Rs. 6.44 lakhs.
The graph showing the average price for the fuel type for Hyundai Santro cars points out to "Diesel" as being the cheapest fuel type. It is 49 % less expensive than the average market price (Rs. 9.31 lakhs) followed by "Hybrid" priced at Rs. 4.83 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 15 % more affordable than the average market value followed by "Gas" with a price of Rs. 5.21 lakhs.