Honda Prelude Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Honda Prelude cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $7,687. During November the price went trough a strong deflation till $5,666. The following two months (December, January) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from $6,276.5 to $4,519.5.
The average price for Honda Prelude has had a strong rise in recent years. Between "before 2000" and 2001, the average price is $5,859. There was a significant inflation of the average price in "before 2000" ($4,175) moving up till ($7,830)in 2001.
The graph that displays the price for Honda Prelude cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 8 % more affordable than the average price ($5,504). Next with a price of $9,719 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 163% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of $9,719.