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 May the average price was ₹ 23.1 lakhs. June went through a strong inflation with a rise in the price till ₹ 31.41 lakhs. During the following two months (July, August) the average selling price experienced a noticeable rise, going up 158 % from ₹ 27.26 lakhs to ₹ 70.2 lakhs. The average price has had spectacular rise of 168 % with an average price of ₹ 48.73 lakhs during the previous 4 months and ₹ 1.31 crores during the most recent months in September and October.
The average price for Honda CR-V has had a strong rise in recent years. Between 2004 and 2014, the average price is ₹ 78.73 lakhs. There was a significant inflation of the average price in 2004 (₹ 59.04 lakhs) moving up till (₹ 1.37 crores)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 72 %. During the last two years, the car industry has had a strong deflation in its selling prices of -31 % 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 (₹ 1.04 crores) and the the last two years (2018, 2019) with a price of ₹ 71.64 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 "25,000 - 50,000" are the ones with the lowest price. They are 88 % more affordable than the average price (₹ 1.32 crores). Next with a price of ₹ 38.99 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 2,00,000". It is 148% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₹ 1.93 crores.
The graph showing the average price for the fuel type for Honda CR-V cars points out to "Hybrid" as being the cheapest fuel type. It is 97 % less expensive than the average market price (₹ 1.32 crores) followed by "Petrol" priced at ₹ 27.03 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 113 % higher than the average market price followed by "Petrol" which costs ₹ 27.03 lakhs.