Honda Fit Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Honda Fit cars have gone through a strong rise during the last 6 months. The average price in January was of ₱ 200,619. This price hardly went through any changes and remained at ₱ 210,612 during February. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 20 % from ₱ 205,615.5 to ₱ 247,598.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 226,607 to ₱ 235,587 during May and June.
The average price for Honda Fit has had a strong rise in recent years. During the first sample analyzed (2001 - 2006), the average selling price stood at ₱ 188,658.8. During this time, the price for 2001 which was ₱ 150,000 decreased to ₱ 133,000 during 2006. During the next two years (2007, 2008) the price for the aforementioned model has gone up strongly a 29 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 236,045.5 in 2009 and ₱ 227,857 during 2010.
The graph that displays the price for Honda Fit 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 15 % more affordable than the average price (₱ 221,147). Next with a price of ₱ 217,222 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 61% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 226,420.
The graph showing the average price for the fuel type for Honda Fit cars points out to "Diesel" as being the cheapest fuel type. It is 30 % less expensive than the average market price (₱ 221,147) followed by "Gasoline" priced at ₱ 215,333. On average the cheapest type of fuel is "Gasoline". It´s price is 3 % more affordable than the average market value followed by "Diesel" with a price of ₱ 155,250.