Tata 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 Tata cars have remained constant in the last 6 months. The average price in November was of ₦ 381,184. This price hardly went through any changes and remained at ₦ 398,116 during December. The average selling price has remained fairly constant during the following two months, going from ₦ 389,650 to ₦ 382,280.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 385,965.25 to ₦ 389,121.5 during March and April.
The average price for Tata has had a strong rise in recent years. Between "before 2000" y 2008, the average price is ₦ 691,041.75. There was a price inflation going from (₦ 300,000) to (₦ 337,500). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -44 % compared to the previous period. During the last two years, prices in the car industry have gone up 8 % 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 (₦ 416,875) and the the last two years that were studied (2011, 2012) with a price of ₦ 450,000.
The graph that displays the price for Tata cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 13 % more affordable than the average price (₦ 400,930). Next with a price of ₦ 367,500 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 287% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₦ 550,000.