Honda Accord Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Honda Accord cars have increased during the last 6 months. The average price for December is ₱ 478,575. During January there was a slight reduction in the selling prices dropping till ₱ 444,488. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 20 % from ₱ 461,531.5 to ₱ 554,938. The average price has had spectacular rise of 15 % with an average price of ₱ 508,234.75 during the previous 4 months and ₱ 585,113 during the most recent months in April and May.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2012, the average price is ₱ 252,999.72. There was a significant inflation of the average price in "before 2000" (₱ 179,537) moving up till (₱ 333,111)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 45 %. During the last two years, prices in the car industry have gone through a strong rise of 52 % 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 (₱ 756,625) and the the last two years that have been analyzed (2015, 2019) with a price of ₱ 1,146,916.5.
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 75 % more affordable than the average price (₱ 556,063). Next with a price of ₱ 219,638 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 14% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 356,667.
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 76 % less expensive than the average market price (₱ 556,063) followed by "Gasoline" priced at ₱ 355,100. On average the cheapest type of fuel is "Gasoline". It´s price is 36 % more affordable than the average market value followed by "Diesel" with a price of ₱ 135,372.