Honda CR-V Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Honda CR-V cars have remained constant in the last 6 months. The average price in November was of ₱ 1,370,188. This price hardly went through any changes and remained at ₱ 1,369,450 during December. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. The average price has had spectacular rise of 31 % with an average price of ₱ 1,230,190.75 during the previous 4 months and ₱ 1,611,908 during the most recent months in March and April.
The average price for Honda CR-V has had a strong rise in recent years. Between "before 2000" and 2017, the average price is ₱ 388,831.78. There was a significant inflation of the average price in "before 2000" (₱ 174,881) moving up till (₱ 833,667)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 214 %. During the last two years, prices in the car industry have gone up 11 % 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 (₱ 1,369,096.75) and the the last two years that were studied (2021, 2022) with a price of ₱ 1,515,828.5.
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 83 % more affordable than the average price (₱ 1,610,491). Next with a price of ₱ 406,011 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,041,176.
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 77 % less expensive than the average market price (₱ 1,610,491) followed by "Gasoline" priced at ₱ 381,288. 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 ₱ 366,988.