Honda Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Honda cars have increased during the last 6 months. The average price in November was of $245,819. This price hardly went through any changes and remained at $245,384 during December. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 15 % from $245,601.5 to $282,671. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($281,125.5) during March and April.
The average price for Honda has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $25,988.46. There was a significant inflation of the average price in "before 2000" ($16,307) moving up till ($47,515)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 92 %. During the last two years, prices in the car industry have gone up 9 % 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 ($54,503.75) and the the last two years that were studied (2023, 2024) with a price of $59,157.5.
The graph that displays the price for Honda 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 94 % more affordable than the average price ($264,114). Next with a price of $45,510 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 41% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $55,947.
The graph showing the average price for the fuel type for Honda cars points out to "Hybrid" as being the cheapest fuel type. It is 85 % less expensive than the average market price ($264,114) followed by "Diesel" priced at $40,914. On average the cheapest type of fuel is "Gasoline". It´s price is 73 % more affordable than the average market value followed by "Gas" with a price of $51,973.
The graph showing the average price for Honda cars displays those with 5 doors as the cheapest ones. They are 94 % more affordable than the average price ($264,114). These are followed by those with 2 doors with an average price of $20,168. Cars with the lowest price have 4 doors and are 78 % cheaper than the average previously displayed.