Honda Odyssey 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 Odyssey cars have gone through a strong rise during the last 6 months. During the first month analyzed in December the average price was ₱ 385,755. January went through a strong inflation with a rise in the price till ₱ 501,889. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 47 % from ₱ 443,822 to ₱ 653,822.5. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from ₱ 548,822.25 to ₱ 396,408.5.
The average price for Honda Odyssey has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2003, the average price was ₱ 153,444.33. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 212,500) and 2003 (₱ 107,500). During the next two years the average price(₱ 159,125) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone up 9 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 175,500) and the the last two years that were studied (2009, 2010) with a price of ₱ 191,875.
The graph that displays the price for Honda Odyssey cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 22 % more affordable than the average price (₱ 278,684). Next with a price of ₱ 354,286 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 27% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 216,400.
The graph showing the average price for the fuel type for Honda Odyssey cars points out to "Diesel" as being the cheapest fuel type. It is 48 % less expensive than the average market price (₱ 278,684) followed by "Gasoline" priced at ₱ 347,750. On average the most expensive type of fuel is "Gasoline". It´s price is 25 % higher than the average market price followed by "Diesel" which costs ₱ 144,313.