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 April was of $59,358. This price hardly went through any changes and remained at $60,512 during May. During the following two months (June, July) the average selling price rose somewhat going from $59,935 to $67,514.5. During the last couple of months, the average price has hardly changed, remaining the same going from $63,724.75 to $64,072.5 during August and September.
The average price for Honda has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $15,856.94. There was a significant inflation of the average price in "before 2000" ($7,357) moving up till ($35,604)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 180 %. During the last two years, prices in the car industry have gone up 6 % 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 ($47,105.75) and the the last two years that were studied (2019, 2020) with a price of $49,865.
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 84 % more affordable than the average price ($63,682). Next with a price of $25,719 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $43,906.
The graph showing the average price for the fuel type for Honda cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 58 % less expensive than the average market price ($63,682) followed by "Hybrid" priced at $29,326. On average the cheapest type of fuel is "Gasoline". It´s price is 29 % more affordable than the average market value followed by "Gas" with a price of $43,642.
The graph showing the average price for Honda cars displays those with 5 doors as the cheapest ones. They are 67 % more affordable than the average price ($63,682). These are followed by those with 2 doors with an average price of $23,352. Cars with the lowest price have 4 doors and are 19 % cheaper than the average previously displayed.