Honda Accord 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 Accord cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₱ 830,600. During August the price went trough a strong deflation till ₱ 482,988. The following two months the selling price went through a strong reduction of -55 % compared to the previous two months studied. The average price has had spectacular rise of 24 % with an average price of ₱ 477,146.5 during the previous 4 months and ₱ 589,600 during the most recent months in November and December.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2013, the average price is ₱ 276,568.81. There was a significant inflation of the average price in "before 2000" (₱ 121,029) moving up till (₱ 604,182)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 114 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 616,439.5 in 2016 and ₱ 642,000 during 2017.
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 77 % more affordable than the average price (₱ 839,287). Next with a price of ₱ 481,713 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 24% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 572,495.
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 85 % less expensive than the average market price (₱ 839,287) followed by "Gasoline" priced at ₱ 195,917. On average the cheapest type of fuel is "Gasoline". It´s price is 77 % more affordable than the average market value followed by "Diesel" with a price of ₱ 129,778.