Honda City Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Honda City cars has fallen during the last 6 months we have analyzed. The average price for March is RM 99,223. During April there was a slight reduction in the selling prices dropping till RM 91,656. The following two months (May, June) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from RM 91,053.5 to RM 84,428.5 during July and August.
The average price for Honda City has had a strong rise in recent years. Between "before 2000" and 2019, the average price is RM 32,942.17. There was a significant inflation of the average price in "before 2000" (RM 5,105) moving up till (RM 67,718)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 123 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of RM 76,570 in 2022 and RM 79,560 during 2023.
The graph that displays the price for Honda City 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 80 % more affordable than the average price (RM 84,842). Next with a price of RM 52,910 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 72,485.
The graph displaying the average price for vehicles with doors shows that Honda City automobiles with the cheapest price have 4 doors. They are 69 % cheaper than the average price for this model priced at RM 26,377. Cars with the lowest price have 5 doors and are 31 % cheaper than the average previously displayed.