Honda Odyssey 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 Odyssey cars have gone through a strong rise during the last 6 months. The average price in May was of S$ 54,544. This price hardly went through any changes and remained at S$ 52,852 during June. During the following two months (July, August) the average selling price experienced a noticeable rise, going up 26 % from S$ 53,698 to S$ 67,694.5. The average price has had spectacular rise of 34 % with an average price of S$ 60,696.25 during the previous 4 months and S$ 81,397.5 during the most recent months in September and October.
The average price for Honda Odyssey has had a strong rise in recent years. Between 2006 and 2014, the average price is S$ 58,219. There was a significant inflation of the average price in 2006 (S$ 31,378) moving up till (S$ 84,038)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 71 %. During the last two years, prices in the car industry have gone up 9 % 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 (S$ 109,284.75) and the the last two years that were studied (2017, 2018) with a price of S$ 119,150.
The graph that displays the price for Honda Odyssey 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 35 % more affordable than the average price (S$ 82,685). Next with a price of S$ 61,824 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 37% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 105,240.