Honda 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 cars have gone through a strong rise during the last 6 months. In September the price for a car is ₹ 12.11 lakhs increasing till ₹ 13.87 lakhs in October. During the following two months (November, December) the average selling price rose somewhat going from ₹ 12.99 lakhs to ₹ 14.22 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 13.6 lakhs to ₹ 13.77 lakhs during January and February.
The average price for Honda has had a strong rise in recent years. Between 2004 and 2020, the average price is ₹ 4.57 lakhs. There was a significant inflation of the average price in 2004 (₹ 3.16 lakhs) moving up till (₹ 4.33 lakhs)in 2020. During the next two years the average price(₹ 4.58 lakhs) has hardly changed, remaining at a constant value compared to the previous period. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₹ 4.59 lakhs in 2023 and ₹ 4.59 lakhs during 2024.
The graph that displays the price for Honda 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 89 % more affordable than the average price (₹ 12.98 lakhs). Next with a price of ₹ 2.93 lakhs and a mileage range of "more than 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 20% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 9.38 lakhs.
The graph showing the average price for the fuel type for Honda cars points out to "Diesel" as being the cheapest fuel type. It is 45 % less expensive than the average market price (₹ 12.98 lakhs) followed by "Petrol" priced at ₹ 11.08 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 15 % more affordable than the average market value followed by "Diesel" with a price of ₹ 7.17 lakhs.
The graph displaying the average price for vehicles with doors shows that Honda automobiles with the cheapest price have 5 doors. They are 39 % cheaper than the average price for this model priced at ₹ 7.88 lakhs. Cars with the lowest price have 4 doors and are 15 % cheaper than the average previously displayed.