Honda City Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Honda City cars have remained constant in the last 6 months. The average price for October is Rs. 66.1 lakhs. During November there was a slight reduction in the selling prices dropping till Rs. 60.89 lakhs. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 25 % from Rs. 63.5 lakhs to Rs. 79.21 lakhs. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from Rs. 71.35 lakhs to Rs. 58.64 lakhs.
The average price for Honda City has had a strong rise in recent years. Between "before 2000" and 2020, the average price is Rs. 23.47 lakhs. There was a significant inflation of the average price in "before 2000" (Rs. 7.21 lakhs) moving up till (Rs. 40.95 lakhs)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 110 %. During the last two years, the car industry has had a strong deflation in its selling prices of -16 % 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 (Rs. 42.38 lakhs) and the the last two years (2023, 2024) with a price of Rs. 35.55 lakhs.
The graph that displays the price for Honda City 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 50 % more affordable than the average price (Rs. 53.73 lakhs). Next with a price of Rs. 39.43 lakhs and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 9% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at Rs. 48.08 lakhs.
The graph showing the average price for the fuel type for Honda City cars points out to "Gas" as being the cheapest fuel type. It is 88 % less expensive than the average market price (Rs. 53.73 lakhs) followed by "Petrol" priced at Rs. 53.45 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 1 % more affordable than the average market value followed by "Gas" with a price of Rs. 6.48 lakhs.