Honda City Aspire 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 Aspire cars have remained constant in the last 6 months. The average price in October was of Rs. 22.29 lakhs. This price hardly went through any changes and remained at Rs. 22.33 lakhs during November. The average selling price has remained fairly constant during the following two months, going from Rs. 22.31 lakhs to Rs. 22.88 lakhs. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (Rs. 24.2 lakhs) during February and March.
The average price for Honda City Aspire has had a strong rise in recent years. Between 2013 and 2016, the average price is Rs. 21.15 lakhs. There was a significant inflation of the average price in 2013 (Rs. 19.47 lakhs) moving up till (Rs. 22.9 lakhs)in 2016. During the next two years (2017, 2018), the average price went up 14 % moving from !PRECIO1! to Rs. 24.08 lakhs, 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 (Rs. 26.6 lakhs) and the the last two years that were studied (2019, 2020) with a price of Rs. 29.12 lakhs.
The graph that displays the price for Honda City Aspire cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 19 % more affordable than the average price (Rs. 24.61 lakhs). Next with a price of Rs. 22.2 lakhs and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 24% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of Rs. 28.61 lakhs.