Honda Accord Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Honda Accord cars have remained constant in the last 6 months. The average price in October was of RM 152,586. This price hardly went through any changes and remained at RM 148,831 during November. The average selling price has remained fairly constant during the following two months, going from RM 150,708.5 to RM 148,832. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from RM 149,770.25 to RM 139,953 during February and March.
The average price for Honda Accord has had a strong rise in recent years. Between "before 2000" and 2019, the average price is RM 37,893. There was a significant inflation of the average price in "before 2000" (RM 7,402) moving up till (RM 95,734)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 263 %. During the last two years, prices in the car industry have gone up 7 % 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 (RM 148,321.25) and the the last two years that were studied (2022, 2023) with a price of RM 158,915.5.
The graph that displays the price for Honda Accord cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 90 % more affordable than the average price (RM 137,165). Next with a price of RM 50,125 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 23% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at RM 103,476.
The graph displaying the average price for vehicles with doors shows that Honda Accord automobiles with the cheapest price have 4 doors. They are 85 % cheaper than the average price for this model priced at RM 20,718. Cars with the lowest price have 5 doors and are 80 % cheaper than the average previously displayed.