Honda Fit 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 Fit cars have increased during the last 6 months. In November the price for a car is ₱ 194,781 increasing till ₱ 213,188 in December. The average selling price has remained fairly constant during the following two months, going from ₱ 203,984.5 to ₱ 205,615.5. The average price has had spectacular rise of 21 % with an average price of ₱ 204,800 during the previous 4 months and ₱ 247,598.5 during the most recent months in March and April.
The average price for Honda Fit has gone down in recent years. During 2002 and 2002, the average price was ₱ 281,600. During this period, prices pretty much remained constant. During the next two years (2005, 2007), the average price went up 9 % moving from !PRECIO1! to ₱ 307,562.5, During the last two years, the car industry has had a strong deflation in its selling prices of -22 % 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 (₱ 251,338.5) and the the last two years (2008, 2010) with a price of ₱ 195,114.5.
The graph that displays the price for Honda Fit cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 25 % more affordable than the average price (₱ 253,102). Next with a price of ₱ 206,667 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 78% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 252,122.