Price for Honda Element
Honda Element Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Honda Element cars have remained constant in the last 6 months. The average price in October was of $18,183. This price hardly went through any changes and remained at $18,177 during November. The average selling price has remained fairly constant during the following two months, going from $18,180 to $17,511. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from $17,845.5 to $16,895.5 during February and March.
The average price for Honda Element has had a strong rise in recent years. Between 2003 and 2008, the average price is $8,301. There was a significant inflation of the average price in 2003 ($6,715) moving up till ($8,404)in 2008. During the next two years (2009, 2010) the price for the aforementioned model has gone up strongly a 45 %. During the last two years, prices in the car industry have experienced a depreciation of -12 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($10,756.5) and the the last two years analyzed (2011, 2023) with a price of $9,452.
The graph that displays the price for Honda Element 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 62 % more affordable than the average price ($16,536). Next with a price of $11,809 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 16% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $13,617.
The graph showing the average price for the fuel type for Honda Element cars points out to "Diesel" as being the cheapest fuel type. It is 56 % less expensive than the average market price ($16,536) followed by "Gasoline" priced at $8,200. On average the cheapest type of fuel is "Gas". It´s price is 42 % more affordable than the average market value followed by "Gasoline" with a price of $8,200.
