Honda Accord 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 Accord cars has fallen during the last 6 months we have analyzed. The average price for July is ₱ 388,588. During August there was a slight reduction in the selling prices dropping till ₱ 342,862. The following two months (September, October) the selling price went through a devaluation of -12 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 ₱ 344,237.5 to ₱ 336,891 during November and December.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2012, the average price is ₱ 218,264.25. There was a significant inflation of the average price in "before 2000" (₱ 131,654) moving up till (₱ 298,125)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 197 %. During the last two years, the car industry has had a strong deflation in its selling prices of -53 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 424,550) and the the last two years (2015, 2016) with a price of ₱ 200,000.
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 55 % more affordable than the average price (₱ 321,313). Next with a price of ₱ 201,667 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 49% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 266,538.
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 49 % less expensive than the average market price (₱ 321,313) followed by "Gasoline" priced at ₱ 225,460. On average the cheapest type of fuel is "Gasoline". It´s price is 30 % more affordable than the average market value followed by "Diesel" with a price of ₱ 162,593.