Honda Accord Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Honda Accord cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 417,580. November went through a strong inflation with a rise in the price till ₱ 613,981. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 16 % from ₱ 515,780.5 to ₱ 600,675. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 617,012) during February and March.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2013, the average price is ₱ 287,636.47. There was a significant inflation of the average price in "before 2000" (₱ 111,919) moving up till (₱ 849,600)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 80 %. 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 (₱ 663,375) and the the last two years that have been analyzed (2016, 2017) with a price of ₱ 809,333.5.
The graph that displays the price for Honda Accord 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 79 % more affordable than the average price (₱ 931,750). Next with a price of ₱ 493,713 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 25% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₱ 624,886.
The graph showing the average price for the fuel type for Honda Accord cars points out to "Diesel" as being the cheapest fuel type. It is 87 % less expensive than the average market price (₱ 931,750) followed by "Gasoline" priced at ₱ 225,100. On average the cheapest type of fuel is "Gasoline". It´s price is 76 % more affordable than the average market value followed by "Diesel" with a price of ₱ 123,513.