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. The average price in August was of ₹ 6.31 lakhs. This price hardly went through any changes and remained at ₹ 6.02 lakhs during September. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 18 % from ₹ 6.16 lakhs to ₹ 7.3 lakhs. The average price has had spectacular rise of 18 % with an average price of ₹ 6.73 lakhs during the previous 4 months and ₹ 7.94 lakhs during the most recent months in December and January.
The average price for Honda CR-V has had a strong rise in recent years. Between 2004 and 2009, the average price is ₹ 3.26 lakhs. There was a significant inflation of the average price in 2004 (₹ 3.19 lakhs) moving up till (₹ 4.03 lakhs)in 2009. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 226 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₹ 12.28 lakhs) and the the last two years that were studied (2015, 2016) with a price of ₹ 13.92 lakhs.
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 15 % more affordable than the average price (₹ 7.98 lakhs). Next with a price of ₹ 7.31 lakhs 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 "10,000 - 25,000". It is 119% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 11.34 lakhs.
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 46 % less expensive than the average market price (₹ 7.98 lakhs) followed by "Diesel" priced at ₹ 8.3 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 4 % higher than the average market price followed by "Petrol" which costs ₹ 4.34 lakhs.