Honda Vezel 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 Vezel cars has fallen during the last 6 months we have analyzed. The average price in October was of S$ 137,805. This price hardly went through any changes and remained at S$ 139,496 during November. The average selling price has remained fairly constant during the following two months, going from S$ 138,650.5 to S$ 133,377. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from S$ 136,013.75 to S$ 122,205 during February and March.
The average price for Honda Vezel has had a strong rise in recent years. Between 2014 and 2018, the average price is S$ 55,720.8. There was a significant inflation of the average price in 2014 (S$ 45,168) moving up till (S$ 85,092)in 2018. During the next two years (2019, 2021) the price for the aforementioned model has gone up strongly a 114 %. During the last two years, prices in the car industry have gone up 10 % 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$ 132,092) and the the last two years that were studied (2022, 2023) with a price of S$ 145,205.
The graph that displays the price for Honda Vezel 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 62 % more affordable than the average price (S$ 112,097). Next with a price of S$ 66,574 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 100,392.