Honda City 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 City cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in June the average price was $77,870. July went through a strong inflation with a rise in the price till $100,000. The following two months the selling price went through a strong reduction of -93 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -86 % compared to the 4 previous average values going down from $47,680.75 to $6,473.5.