Honda CR-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 CR-V cars has fallen during the last 6 months we have analyzed. The average price for May is R 482 256. During June there was a slight reduction in the selling prices dropping till R 442 331. The average selling price has remained fairly constant during the following two months, going from R 462 293,5 to R 447 584. During the last couple of months, the average price has hardly changed, remaining the same going from R 454 938,75 to R 433 220,5 during September and October.
The average price for Honda CR-V has had a strong rise in recent years. Between "before 2000" and 2015, the average price is R 125 805,29. There was a significant inflation of the average price in "before 2000" (R 49 304) moving up till (R 244 230)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 148 %. During the last two years, prices in the car industry have gone up 13 % 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 (R 358 903,25) and the the last two years that were studied (2018, 2019) with a price of R 405 353,5.
The graph that displays the price for Honda CR-V 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 80 % more affordable than the average price (R 438 945). Next with a price of R 166 343 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "10 000 - 25 000". It is 7% less expensive than the average market value followed by those cars with a mileage of "less than 10 000" priced at R 394 086.
The graph showing the average price for the fuel type for Honda CR-V cars points out to "Diesel" as being the cheapest fuel type. It is 71 % less expensive than the average market price (R 438 945) followed by "Petrol" priced at R 427 896. On average the cheapest type of fuel is "Petrol". It´s price is 3 % more affordable than the average market value followed by "Diesel" with a price of R 127 659.