Honda Goldwing 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 Goldwing cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $7,060. November went through a strong inflation with a rise in the price till $8,926. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 64 % from $7,993 to $13,083. The average price has had spectacular rise of 42 % with an average price of $10,538 during the previous 4 months and $14,951.5 during the most recent months in February and March.
The average price for Honda Goldwing has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $3,900. During this period, prices pretty much remained constant. During the next two years (2003, 2005) the price for the aforementioned model has gone up strongly a 187 %. During the last two years, prices in the car industry have gone through a strong rise of 38 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($18,220) and the the last two years that have been analyzed (2018, 2020) with a price of $25,233.
The graph that displays the price for Honda Goldwing cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 41 % more affordable than the average price ($13,393). Next with a price of $10,225 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 78% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $18,950.