Honda Jazz 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 Jazz cars has had a strong depreciation during the last 6 months we have studied. The average price in July was of ₱ 730,000. This price hardly went through any changes and remained at ₱ 696,037 during August. The following two months (September, October) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from ₱ 661,149.5 to ₱ 542,224.5.
The average price for Honda Jazz has had a strong rise in recent years. Between 2001 and 2014, the average price is ₱ 245,443.31. There was a significant inflation of the average price in 2001 (₱ 155,833) moving up till (₱ 520,429)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 91 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 (₱ 621,303.5) and the the last two years that have been analyzed (2017, 2019) with a price of ₱ 774,167.
The graph that displays the price for Honda Jazz 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 51 % more affordable than the average price (₱ 537,612). Next with a price of ₱ 287,188 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 23% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 367,999.
The graph showing the average price for the fuel type for Honda Jazz cars points out to "Diesel" as being the cheapest fuel type. It is 68 % less expensive than the average market price (₱ 537,612) followed by "Gasoline" priced at ₱ 454,325. On average the cheapest type of fuel is "Gasoline". It´s price is 15 % more affordable than the average market value followed by "Diesel" with a price of ₱ 174,208.
The graph displaying the average price for vehicles with doors shows that Honda Jazz automobiles with the cheapest price have 5 doors. They are 53 % cheaper than the average price for this model priced at ₱ 250,000. Cars with the lowest price have 4 doors and are 44 % cheaper than the average previously displayed.