Price for Honda City
Honda City Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Honda City cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was AED 24,093. November went through a strong inflation with a rise in the price till AED 28,287. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 19 % from AED 26,190 to AED 31,281.5. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (AED 30,537) during February and March.
The average price for Honda City has had a strong rise in recent years. Between 2010 and 2018, the average price is AED 18,375. There was a significant inflation of the average price in 2010 (AED 11,667) moving up till (AED 26,900)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 75 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 (AED 43,338) and the the last two years that have been analyzed (2021, 2024) with a price of AED 54,532.5.
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 44 % more affordable than the average price (AED 31,208). Next with a price of AED 26,754 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 77% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 37,564.
The graph displaying the average price for vehicles with doors shows that Honda City automobiles with the cheapest price have 5 doors. They are 17 % cheaper than the average price for this model priced at AED 25,849. Cars with the lowest price have 4 doors and are 17 % cheaper than the average previously displayed.
