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. During the first month analyzed in January the average price was ₹ 19.62 lakhs. February went through a strong inflation with a rise in the price till ₹ 9.32 crores. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 97 % from ₹ 4.76 crores to ₹ 9.38 crores. The average price has had spectacular rise of 24 % with an average price of ₹ 7.07 crores during the previous 4 months and ₹ 8.77 crores during the most recent months in May and June.
The average price for Honda has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₹ 1.31 crores. There was a significant inflation of the average price in "before 2000" (₹ 87,661) moving up till (₹ 3.76 crores)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 366 %. During the last two years, the car industry has had a strong deflation in its selling prices of -45 % 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 (₹ 4.21 crores) and the the last two years (2018, 2019) with a price of ₹ 2.33 crores.
The graph that displays the price for Honda cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 97 % more affordable than the average price (₹ 8.9 crores). Next with a price of ₹ 1.97 crores and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 18% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 7.14 crores.
The graph showing the average price for the fuel type for Honda cars points out to "LPG" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 8.9 crores) followed by "Hybrid" priced at ₹ 3.64 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 33 % more affordable than the average market value followed by "Diesel" with a price of ₹ 4.73 crores.
The graph displaying the average price for vehicles with doors shows that Honda automobiles with the cheapest price have 4 doors. They are 100 % cheaper than the average price for this model priced at ₹ 3.12 lakhs. Cars with the lowest price have 5 doors and are 100 % cheaper than the average previously displayed.