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 for February is ₹ 3.04 crores. During March there was a slight reduction in the selling prices dropping till ₹ 2.79 crores. The following two months the selling price went through a strong reduction of -43 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -96 % compared to the 4 previous average values going down from ₹ 2.3 crores to ₹ 8.64 lakhs.
The average price for Honda Jazz has had a strong rise in recent years. Between 2009 and 2017, the average price is ₹ 9.08 lakhs. There was a significant inflation of the average price in 2009 (₹ 2.37 lakhs) moving up till (₹ 7.57 lakhs)in 2017. Cars belonging to the model aforementioned had a price deflation of -11 percent in the next two years (2018, 2019) compared to the previous two years. During the last two years, prices in the car industry have gone up 7 % 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 (₹ 8.72 lakhs) and the the last two years that were studied (2020, 2021) with a price of ₹ 9.35 lakhs.
The graph that displays the price for Honda Jazz 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 50 % more affordable than the average price (₹ 8.89 lakhs). Next with a price of ₹ 6.73 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 8.18 lakhs.
The graph showing the average price for the fuel type for Honda Jazz cars points out to "Diesel" as being the cheapest fuel type. It is 40 % less expensive than the average market price (₹ 8.89 lakhs) followed by "Petrol" priced at ₹ 8.8 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 1 % more affordable than the average market value followed by "Diesel" with a price of ₹ 5.32 lakhs.