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 ₱ 623,575. During August the price went trough a strong deflation till ₱ 478,488. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from ₱ 468,961.75 to ₱ 365,294.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2012, the average price is ₱ 231,908.5. There was a significant inflation of the average price in "before 2000" (₱ 123,964) moving up till (₱ 393,800)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 142 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 582,016.75 in 2015 and ₱ 603,333.5 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 49 % more affordable than the average price (₱ 349,075). Next with a price of ₱ 268,510 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 75% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 336,125.
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 55 % less expensive than the average market price (₱ 349,075) followed by "Gasoline" priced at ₱ 254,813. On average the cheapest type of fuel is "Gasoline". It´s price is 27 % more affordable than the average market value followed by "Diesel" with a price of ₱ 155,560.