Honda Civic 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 Civic cars have gone through a strong rise during the last 6 months. During the first month analyzed in September the average price was ₹ 2.18 lakhs. October went through a strong inflation with a rise in the price till ₹ 3.65 lakhs. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 43 % from ₹ 2.92 lakhs to ₹ 4.16 lakhs. The average price has had spectacular rise of 27 % with an average price of ₹ 3.54 lakhs during the previous 4 months and ₹ 4.49 lakhs during the most recent months in January and February.
The average price for Honda Civic has had a strong rise in recent years. Between 2006 and 2010, the average price is ₹ 2.43 lakhs. There was a significant inflation of the average price in 2006 (₹ 1.74 lakhs) moving up till (₹ 3.13 lakhs)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 67 %. During the last two years, prices in the car industry have gone through a strong rise of 24 % 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 (₹ 5.32 lakhs) and the the last two years that have been analyzed (2019, 2020) with a price of ₹ 6.57 lakhs.
The graph that displays the price for Honda Civic 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 43 % more affordable than the average price (₹ 3.63 lakhs). Next with a price of ₹ 2.75 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 "10,000 - 25,000". It is 96% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₹ 3.65 lakhs.