Price for Honda Ballade
Honda Ballade 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 Ballade cars has had a strong depreciation during the last 6 months we have studied. The average price for October is R 239 487. During November there was a slight reduction in the selling prices dropping till R 216 276. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from R 201 180 to R 165 349.
The average price for Honda Ballade has had a strong rise in recent years. Between "before 2000" and 2020, the average price is R 130 236,34. There was a significant inflation of the average price in "before 2000" (R 39 125) moving up till (R 246 329)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 93 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 307 015,25) and the the last two years that have been analyzed (2023, 2024) with a price of R 363 290.
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 67 % more affordable than the average price (R 173 801). Next with a price of R 84 993 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 49% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 243 721.
