Honda CB Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Honda CB cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $4,126. November went through a strong inflation with a rise in the price till $4,752. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 19 % from $4,439 to $5,302. During the last couple of months, the average price has hardly changed, remaining the same going from $4,870.5 to $4,765.5 during February and March.
The average price for Honda CB has become more expensive in recent years. During 2013 and 2013, the average price was $5,497. During this period, prices pretty much remained constant. During the next two years (2014, 2017), the average price went up 9 % moving from !PRECIO1! to $5,967, During the last two years, prices in the car industry have gone up 5 % 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 ($6,301.75) and the the last two years that were studied (2018, 2020) with a price of $6,636.5.
The graph that displays the price for Honda CB cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 19 % more affordable than the average price ($4,516). Next with a price of $3,986 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 12% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $3,986.