Honda Ballade 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 Ballade cars has fallen during the last 6 months we have analyzed. The average price in February was of R 307 824. This price hardly went through any changes and remained at R 302 763 during March. The following two months (April, May) the selling price went through a devaluation of -13 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 -15 % compared to the 4 previous average values going down from R 285 637,75 to R 241 442,5.
The average price for Honda Ballade has had a strong rise in recent years. Between "before 2000" and 2018, the average price is R 122 724,8. There was a significant inflation of the average price in "before 2000" (R 42 351) moving up till (R 188 798)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 76 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 277 030,75) and the the last two years that have been analyzed (2021, 2022) with a price of R 337 617.
The graph that displays the price for Honda Ballade 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 82 % more affordable than the average price (R 235 099). Next with a price of R 92 473 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 216 149.