Honda Brio Amaze 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 Brio Amaze cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 5.21 lakhs. November went through a strong inflation with a rise in the price till ₹ 7.7 lakhs. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 16 % from ₹ 6.45 lakhs to ₹ 7.51 lakhs. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from ₹ 6.98 lakhs to ₹ 6.52 lakhs during February and March.
The average price for Honda Brio Amaze has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2013 to 2019, the average price was ₹ 2.74 lakhs. Please take note of of the significant depreciation in the prices between 2013 (₹ 3.15 lakhs) and 2019 (₹ 1.56 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -23 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -25 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₹ 1.68 lakhs) and the the last two years (2022, 2023) with a price of ₹ 1.25 lakhs.
The graph that displays the price for Honda Brio Amaze cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 93 % more affordable than the average price (₹ 5.34 lakhs). Next with a price of ₹ 2.89 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 4% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 3.02 lakhs.
The graph showing the average price for the fuel type for Honda Brio Amaze cars points out to "Petrol" as being the cheapest fuel type. It is 94 % less expensive than the average market price (₹ 5.34 lakhs) followed by "Diesel" priced at ₹ 1.13 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 79 % more affordable than the average market value followed by "Petrol" with a price of ₹ 29,853.