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 July was of $76,479. This price hardly went through any changes and remained at $76,628 during August. During the following two months (September, October) the average selling price rose somewhat going from $76,553.5 to $87,918.5. During the last couple of months, the average price has hardly changed, remaining the same going from $82,236 to $85,669.5 during November and December.
The average price for Honda has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $15,212.24. There was a significant inflation of the average price in "before 2000" ($8,893) moving up till ($28,378)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 154 %. 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 ($42,535) and the the last two years that were studied (2018, 2019) with a price of $46,399.
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 86 % more affordable than the average price ($64,625). Next with a price of $22,624 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 13% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $40,643.
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 62 % less expensive than the average market price ($64,625) followed by "Gas" priced at $31,604. On average the cheapest type of fuel is "Gasoline". It´s price is 27 % more affordable than the average market value followed by "Gas" with a price of $31,604.
The graph showing the average price for Honda cars displays those with 2 doors as the cheapest ones. They are 62 % more affordable than the average price ($64,625). These are followed by those with 5 doors with an average price of $29,584. Cars with the lowest price have 4 doors and are 18 % cheaper than the average previously displayed.