Honda City 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 City cars have remained constant in the last 6 months. The average price in June was of RM 77,432. This price hardly went through any changes and remained at RM 74,455 during July. The average selling price has remained fairly constant during the following two months, going from RM 75,943.5 to RM 74,599.5. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (RM 80,613) during October and November.
The average price for Honda City has had a strong rise in recent years. Between "before 2000" and 2017, the average price is RM 28,721.05. There was a significant inflation of the average price in "before 2000" (RM 6,200) moving up till (RM 64,065)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 138 %. During the last two years, prices in the car industry have gone up 5 % 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 71,955.25) and the the last two years that were studied (2020, 2021) with a price of RM 75,613.
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 82 % more affordable than the average price (RM 82,542). Next with a price of RM 48,494 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 3% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at RM 67,868.