Price for Honda HR-V
Honda HR-V 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 HR-V cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was . November went through a strong inflation with a rise in the price till $37,591. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 88 % from $18,795.5 to $35,309. The average price has had spectacular rise of 31 % with an average price of $27,052.25 during the previous 4 months and $35,337.5 during the most recent months in February and March.
The average price for Honda HR-V has had a strong rise in recent years. Between 2016 and 2020, the average price is $23,250.6. There was a significant inflation of the average price in 2016 ($19,548) moving up till ($26,440)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 20 %. During the last two years, prices in the car industry have gone up 12 % 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 ($31,981.5) and the the last two years that were studied (2023, 2024) with a price of $35,974.
The graph that displays the price for Honda HR-V 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 41 % more affordable than the average price ($35,448). Next with a price of $25,368 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $31,719.
The graph displaying the average price for vehicles with doors shows that Honda HR-V automobiles with the cheapest price have 5 doors. They are 12 % cheaper than the average price for this model priced at $31,250. Cars with the lowest price have 4 doors and are 8 % cheaper than the average previously displayed.
