Honda Civic 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 Civic cars has had a strong depreciation during the last 6 months we have studied. The average price for February is $59,228. During March there was a slight reduction in the selling prices dropping till $55,450. The following two months (April, May) the selling price went through a devaluation of -11 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 -26 % compared to the 4 previous average values going down from $54,089.25 to $39,906.
The average price for Honda Civic has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $12,694.59. There was a significant inflation of the average price in "before 2000" ($5,170) moving up till ($22,232)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 122 %. During the last two years, prices in the car industry have gone up 10 % 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 ($31,137) and the the last two years that were studied (2018, 2019) with a price of $34,146.5.
The graph that displays the price for Honda Civic 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 ($39,316). Next with a price of $13,465 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 $28,581.
The graph showing the average price for the fuel type for Honda Civic cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price ($39,316) followed by "Hybrid" priced at $9,197. On average the cheapest type of fuel is "Gasoline". It´s price is 23 % more affordable than the average market value followed by "Gas" with a price of $20,844.
The graph displaying the average price for vehicles with doors shows that Honda Civic automobiles with the cheapest price have 2 doors. They are 38 % cheaper than the average price for this model priced at $24,491. Cars with the lowest price have 4 doors and are 20 % cheaper than the average previously displayed.