Honda Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Honda cars have increased during the last 6 months. In September the price for a car is £43,404 increasing till £46,112 in October. The average selling price has remained fairly constant during the following two months, going from £44,758 to £46,988. During the last couple of months, the average price has hardly changed, remaining the same going from £45,873 to £47,532 during January and February.
The average price for Honda has had a strong rise in recent years. Between "before 2000" and 2020, the average price is £10,136.18. There was a significant inflation of the average price in "before 2000" (£7,990) moving up till (£24,377)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 180 %. During the last two years, prices in the car industry have gone up 9 % 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 (£31,180) and the the last two years that were studied (2023, 2024) with a price of £33,997.5.
The graph that displays the price for Honda cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 96 % more affordable than the average price (£47,961). Next with a price of £8,709 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £30,028.
The graph showing the average price for the fuel type for Honda cars points out to "Diesel" as being the cheapest fuel type. It is 58 % less expensive than the average market price (£47,961) followed by "Electric" priced at £25,460. On average the cheapest type of fuel is "Hybrid". It´s price is 12 % more affordable than the average market value followed by "Petrol" with a price of £34,864.
The graph showing the average price for Honda cars displays those with 4 doors as the cheapest ones. They are 87 % more affordable than the average price (£47,961). These are followed by those with 3 doors with an average price of £6,993. Cars with the lowest average price have 5 !doors and are 3 % cheaper than the average followed by those with 2 doors with a selling price of £17,943.