Honda BR-V Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Honda BR-V cars has had a strong depreciation during the last 6 months we have studied. In May the price for a car is ₹ 2.17 crores increasing till ₹ 2.38 crores in June. The following two months the selling price went through a strong reduction of -43 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -95 % compared to the 4 previous average values going down from ₹ 1.78 crores to ₹ 8.63 lakhs.
The average price for Honda BR-V has had a strong rise in recent years. Between 2016 and 2018, the average price is ₹ 9.34 lakhs. There was a significant inflation of the average price in 2016 (₹ 8.06 lakhs) moving up till (₹ 11.6 lakhs)in 2018.
The graph that displays the price for Honda BR-V cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 9 % more affordable than the average price (₹ 8.7 lakhs). Next with a price of ₹ 8.14 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 "less than 10,000". It is 18% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 9.82 lakhs.