Honda BR-V Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Honda BR-V cars has fallen during the last 6 months we have analyzed. The average price for October is R 345 862. During November there was a slight reduction in the selling prices dropping till R 297 613. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from R 311 429,75 to R 313 499,5 during February and March.
The average price for Honda BR-V has had a strong rise in recent years. Between 2017 and 2019, the average price is R 205 212,33. There was a significant inflation of the average price in 2017 (R 170 880) moving up till (R 214 824)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 24 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (R 315 457) and the the last two years that have been analyzed (2023, 2024) with a price of R 376 472,5.
The graph that displays the price for Honda BR-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 35 % more affordable than the average price (R 309 812). Next with a price of R 221 787 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 26% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 316 930.