Price for Honda HR-V
Honda HR-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 HR-V cars has fallen during the last 6 months we have analyzed. The average price for October is R 306 757. During November there was a slight reduction in the selling prices dropping till R 262 558. The following two months (December, January) the selling price went through a devaluation of -8 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 272 972,25 to R 273 873 during February and March.
The average price for Honda HR-V has had a strong rise in recent years. Between 2015 and 2019, the average price is R 196 325,41. There was a significant inflation of the average price in 2015 (R 186 140) moving up till (R 292 498)in 2019. During the next two years (2020, 2022) the price for the aforementioned model has gone up strongly a 53 %. 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 370 234) and the the last two years that have been analyzed (2023, 2024) with a price of R 439 610.
The graph that displays the price for Honda HR-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 22 % more affordable than the average price (R 266 597). Next with a price of R 254 571 and a mileage range of "50 000 - 100 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 57% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 295 388.
