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. The average price in April was of Rs. 46.58 lakhs. This price hardly went through any changes and remained at Rs. 45.89 lakhs during May. During the following two months (June, July) the average selling price rose somewhat going from Rs. 46.23 lakhs to Rs. 52 lakhs. The average price has had spectacular rise of 38 % with an average price of Rs. 49.11 lakhs during the previous 4 months and Rs. 67.53 lakhs during the most recent months in August and September.
The average price for Honda City has had a strong rise in recent years. Between "before 2000" and 2018, the average price is Rs. 18.75 lakhs. There was a significant inflation of the average price in "before 2000" (Rs. 8.35 lakhs) moving up till (Rs. 34.17 lakhs)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 90 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (Rs. 43.31 lakhs) and the the last two years that have been analyzed (2021, 2022) with a price of Rs. 50.95 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 74 % more affordable than the average price (Rs. 66.54 lakhs). Next with a price of Rs. 34.29 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 "less than 10,000". It is 12% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at Rs. 44.22 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. 66.54 lakhs) followed by "Hybrid" priced at Rs. 44.46 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 3 % more affordable than the average market value followed by "Hybrid" with a price of Rs. 44.46 lakhs.