Honda CR-V 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 CR-V cars has fallen during the last 6 months we have analyzed. The average price for September is ₹ 10.62 lakhs. During October there was a slight reduction in the selling prices dropping till ₹ 9.89 lakhs. The following two months (November, December) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from ₹ 9.88 lakhs to ₹ 9.05 lakhs during January and February.
The average price for Honda CR-V has had a strong rise in recent years. Between 2007 and 2013, the average price is ₹ 5.56 lakhs. There was a significant inflation of the average price in 2007 (₹ 3.38 lakhs) moving up till (₹ 10.01 lakhs)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 100 %. During the last two years, prices in the car industry have gone up 8 % 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 (₹ 12.02 lakhs) and the the last two years that were studied (2016, 2017) with a price of ₹ 12.92 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 "1,00,000 - 2,00,000" are the ones with the lowest price. They are 47 % more affordable than the average price (₹ 8.52 lakhs). Next with a price of ₹ 7.77 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 48% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 7.77 lakhs.