Honda Stream 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 Stream cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of RM 83,490. This price hardly went through any changes and remained at RM 82,485 during July. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from RM 76,091 to RM 66,022.5 during October and November.
The average price for Honda Stream has had a strong rise in recent years. Between 2002 and 2010, the average price is RM 36,077.33. There was a significant inflation of the average price in 2002 (RM 23,400) moving up till (RM 59,593)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 83 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (RM 78,059.25) and the the last two years that have been analyzed (2013, 2014) with a price of RM 90,212.5.
The graph that displays the price for Honda Stream cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 50 % more affordable than the average price (RM 67,051). Next with a price of RM 54,790 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at RM 54,790.