Honda Civic 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 Civic cars has had a strong depreciation during the last 6 months we have studied. The average price for October is R 400 729. During November there was a slight reduction in the selling prices dropping till R 365 053. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from R 344 299,75 to R 331 546 during February and March.
The average price for Honda Civic has had a strong rise in recent years. Between "before 2000" and 2017, the average price is R 106 649,27. There was a significant inflation of the average price in "before 2000" (R 85 725) moving up till (R 156 560)in 2017. During the next two years (2018, 2020) the price for the aforementioned model has gone up strongly a 187 %. During the last two years, prices in the car industry have gone through a strong rise of 41 % 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 514 936,25) and the the last two years that have been analyzed (2023, 2024) with a price of R 723 533.
The graph that displays the price for Honda Civic 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 83 % more affordable than the average price (R 382 646). Next with a price of R 98 837 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 25% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 372 526.
The graph showing the average price for the fuel type for Honda Civic cars points out to "Diesel" as being the cheapest fuel type. It is 65 % less expensive than the average market price (R 382 646) followed by "Petrol" priced at R 437 191. On average the most expensive type of fuel is "Petrol". It´s price is 14 % higher than the average market price followed by "Diesel" which costs R 132 200.
The graph displaying the average price for vehicles with doors shows that Honda Civic automobiles with the cheapest price have 4 doors. They are 7 % cheaper than the average price for this model priced at R 356 646. Cars with the the highest price have 5 doors and are 58 % more expensive than the average mentioned before.