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. The average price in April was of ₱ 878,113. This price hardly went through any changes and remained at ₱ 863,950 during May. The following two months the selling price went through a strong reduction of -67 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -35 % compared to the 4 previous average values going down from ₱ 578,503.25 to ₱ 378,662.5.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2009, the average price is ₱ 163,047.41. There was a significant inflation of the average price in "before 2000" (₱ 121,250) moving up till (₱ 213,286)in 2009. During the next two years (2010, 2012) the price for the aforementioned model has gone up strongly a 58 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 259,215.75 in 2013 and ₱ 261,250 during 2015.
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 63 % more affordable than the average price (₱ 382,100). Next with a price of ₱ 238,097 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 21% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 251,163.
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 64 % less expensive than the average market price (₱ 382,100) followed by "Gasoline" priced at ₱ 183,848. On average the cheapest type of fuel is "Gasoline". It´s price is 52 % more affordable than the average market value followed by "Diesel" with a price of ₱ 137,227.