Honda Sir 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 Sir cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of ₱ 383,529. This price hardly went through any changes and remained at ₱ 388,250 during July. The following two months (August, September) the selling price went through a devaluation of -6 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 -100 % compared to the 4 previous average values going down from ₱ 374,194.75 to .