Honda VTX Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Honda VTX cars has fallen during the last 6 months we have analyzed. The average price in March was of $5,694. This price hardly went through any changes and remained at $5,551 during April. The average selling price has remained fairly constant during the following two months, going from $5,622.5 to $5,361.5. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from $5,492 to $4,586.5.
The average price for Honda VTX has gone down in recent years. During the first sample analyzed, going from 2002 to 2004, the average price was $4,056.33. Please take note of of the significant depreciation in the prices between 2002 ($4,664) and 2004 ($3,688). During the next two years the average price($3,990.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone up 9 % 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 ($4,379.5) and the the last two years that were studied (2007, 2008) with a price of $4,768.5.
The graph that displays the price for Honda VTX cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 12 % more affordable than the average price ($4,325). Next with a price of $4,124 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 11% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $4,458.