Honda Accord Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Honda Accord cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is $57,211. During March the price went trough a strong deflation till $47,621. The following two months (April, May) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from $48,638.75 to $37,308.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $14,614.24. There was a significant inflation of the average price in "before 2000" ($5,133) moving up till ($24,652)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 89 %. During the last two years, prices in the car industry have gone up 13 % 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 ($31,772.75) and the the last two years that were studied (2018, 2019) with a price of $35,878.
The graph that displays the price for Honda Accord 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 81 % more affordable than the average price ($37,279). Next with a price of $15,644 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $29,831.
The graph showing the average price for the fuel type for Honda Accord cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price ($37,279) followed by "Hybrid" priced at $20,266. On average the cheapest type of fuel is "Gasoline". It´s price is 15 % more affordable than the average market value followed by "Gas" with a price of $23,172.
The graph displaying the average price for vehicles with doors shows that Honda Accord automobiles with the cheapest price have 2 doors. They are 37 % cheaper than the average price for this model priced at $23,337. Cars with the lowest price have 4 doors and are 8 % cheaper than the average previously displayed.