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 March the average price per vehicle is ₱ 931,750. During April the price went trough a strong deflation till ₱ 780,600. The average selling price has remained fairly constant during the following two months, going from ₱ 856,175 to ₱ 846,931. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from ₱ 851,553 to ₱ 656,794.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2012, the average price is ₱ 263,404.75. There was a significant inflation of the average price in "before 2000" (₱ 128,278) moving up till (₱ 309,800)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 92 %. During the last two years, the car industry has had a strong deflation in its selling prices of -32 % 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 (₱ 383,907) and the the last two years (2015, 2016) with a price of ₱ 262,050.
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 59 % more affordable than the average price (₱ 482,988). Next with a price of ₱ 290,473 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 12% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 448,412.
The graph showing the average price for the fuel type for Honda Accord cars points out to "Gasoline" as being the cheapest fuel type. It is 58 % less expensive than the average market price (₱ 482,988) followed by "Diesel" priced at ₱ 208,262. On average the cheapest type of fuel is "Diesel". It´s price is 57 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 202,581.