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 May the average price was ₹ 1 crores. June went through a strong inflation with a rise in the price till ₹ 1.7 crores. During the following two months (July, August) the average selling price experienced a noticeable rise, going up 98 % from ₹ 1.35 crores to ₹ 2.68 crores. The average price has had spectacular rise of 48 % with an average price of ₹ 2.02 crores during the previous 4 months and ₹ 2.99 crores during the most recent months in September and October.
The average price for Honda Civic has had a strong rise in recent years. During the first sample analyzed, going from 2006 to 2011, the average price was ₹ 46.14 lakhs. Please take note of of the significant depreciation in the prices between 2006 (₹ 29.68 lakhs) and 2011 (₹ 18.68 lakhs). During the next two years the average price(₹ 43.98 lakhs) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -57 % 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 (₹ 27.96 lakhs) and the the last two years (2018, 2019) with a price of ₹ 11.95 lakhs.
The graph that displays the price for Honda Civic cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 99 % more affordable than the average price (₹ 3.04 crores). Next with a price of ₹ 8.83 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 9% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 43.93 lakhs.
The graph showing the average price for the fuel type for Honda Civic cars points out to "Hybrid" as being the cheapest fuel type. It is 99 % less expensive than the average market price (₹ 3.04 crores) followed by "Diesel" priced at ₹ 2.3 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 45 % more affordable than the average market value followed by "Diesel" with a price of ₹ 2.3 lakhs.