Honda City 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 City cars have gone through a strong rise during the last 6 months. During the first month analyzed in September the average price was Rs. 35.94 lakhs. October went through a strong inflation with a rise in the price till Rs. 48.04 lakhs. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 32 % from Rs. 41.99 lakhs to Rs. 55.31 lakhs. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (Rs. 52.95 lakhs) during January and February.
The average price for Honda City has had a strong rise in recent years. Between "before 2000" and 2015, the average price is Rs. 12.3 lakhs. There was a significant inflation of the average price in "before 2000" (Rs. 6.32 lakhs) moving up till (Rs. 23.18 lakhs)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 91 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of Rs. 23.5 lakhs in 2018 and Rs. 23.47 lakhs during 2019.
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 69 % more affordable than the average price (Rs. 54.48 lakhs). Next with a price of Rs. 17.09 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 "25,000 - 50,000". It is 49% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at Rs. 25.67 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 82 % less expensive than the average market price (Rs. 54.48 lakhs) followed by "Diesel" priced at Rs. 11.7 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 12 % more affordable than the average market value followed by "Hybrid" with a price of Rs. 24.84 lakhs.