Honda CR-V 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 CR-V cars have gone through a strong rise during the last 6 months. During the first month analyzed in November the average price was ₹ 27.18 lakhs. December went through a strong inflation with a rise in the price till ₹ 40.28 lakhs. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 46 % from ₹ 33.73 lakhs to ₹ 49.15 lakhs. The average price has had spectacular rise of 118 % with an average price of ₹ 41.44 lakhs during the previous 4 months and ₹ 90.26 lakhs during the most recent months in March and April.
The average price for Honda CR-V has gone through a significant depreciation in recent years. During 2004 and 2004, the average price was ₹ 1.6 crores. 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 -43 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 29 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₹ 1.29 crores) and the the last two years that have been analyzed (2010, 2015) with a price of ₹ 1.66 crores.
The graph that displays the price for Honda CR-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 37 % more affordable than the average price (₹ 1.22 crores). Next with a price of ₹ 1.6 crores and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 310% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 1.6 crores.
The graph showing the average price for the fuel type for Honda CR-V cars points out to "Petrol" as being the cheapest fuel type. It is 66 % less expensive than the average market price (₹ 1.22 crores) followed by "Diesel" priced at ₹ 5.39 crores. On average the most expensive type of fuel is "Diesel". It´s price is 343 % higher than the average market price followed by "Petrol" which costs ₹ 41.53 lakhs.