Honda Jazz Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Honda Jazz cars has had a strong depreciation during the last 6 months we have studied. The average price in March was of ₹ 6.63 crores. This price hardly went through any changes and remained at ₹ 6.64 crores during April. The following two months the selling price went through a strong reduction of -66 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 4.44 crores to ₹ 4.5 crores during July and August.
The average price for Honda Jazz has had a strong rise in recent years. During the first sample analyzed, going from 2009 to 2015, the average price was ₹ 17.25 lakhs. Please take note of of the significant depreciation in the prices between 2009 (₹ 42.49 lakhs) and 2015 (₹ 5.86 lakhs). During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 419 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 (₹ 1.2 crores) and the the last two years that have been analyzed (2018, 2019) with a price of ₹ 1.51 crores.
The graph that displays the price for Honda Jazz 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 (₹ 4.92 crores). Next with a price of ₹ 48.6 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 58% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 79.82 lakhs.
The graph showing the average price for the fuel type for Honda Jazz cars points out to "Hybrid" as being the cheapest fuel type. It is 99 % less expensive than the average market price (₹ 4.92 crores) followed by "Diesel" priced at ₹ 5.67 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 0 % more affordable than the average market value followed by "Diesel" with a price of ₹ 5.67 lakhs.