Honda Accord 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 Accord cars has fallen during the last 6 months we have analyzed. In November the average price per vehicle is ₹ 30.18 lakhs. During December the price went trough a strong deflation till ₹ 24.7 lakhs. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. The average price has had spectacular rise of 22 % with an average price of ₹ 24.63 lakhs during the previous 4 months and ₹ 30 lakhs during the most recent months in March and April.
The average price for Honda Accord has gone through a significant depreciation in recent years. During 2004 and 2009, the average price was ₹ 71.54 lakhs. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -64 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -59 % 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 (₹ 16.12 lakhs) and the the last two years (2012, 2013) with a price of ₹ 6.59 lakhs.
The graph that displays the price for Honda Accord cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 86 % more affordable than the average price (₹ 32.59 lakhs). Next with a price of ₹ 5.31 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "1,00,000 - 2,00,000". It is 187% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 23.29 lakhs.