Honda CR-V 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 CR-V cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₦ 2,777,323. During August the price went trough a strong deflation till ₦ 678,688. The following two months the selling price went through a strong reduction of -45 % compared to the previous two months studied. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 1,493,625) during November and December.
The graph that displays the price for Honda CR-V cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 1 % more affordable than the average price (₦ 2,987,250). Next with a price of ₦ 4,767,667 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 60% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 2,950,000.