Honda CBR 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 CBR cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was £5,177. November went through a strong inflation with a rise in the price till £5,995. During the following two months (December, January) the average selling price rose somewhat going from £5,586 to £5,943. During the last couple of months, the average price has hardly changed, remaining the same going from £5,764.5 to £5,988.5 during February and March.
The average price for Honda CBR has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was £2,730. During this period, prices pretty much remained constant. During the next two years (2007, 2011) the price for the aforementioned model has gone up strongly a 118 %. During the last two years, prices in the car industry have gone up 13 % 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 (£6,830.5) and the the last two years that were studied (2012, 2017) with a price of £7,713.
The graph that displays the price for Honda CBR cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 44 % more affordable than the average price (£6,032). Next with a price of £5,608 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £5,608.