Honda 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 cars has had a strong depreciation during the last 6 months we have studied. The average price for November is KSh 1,861,848. During December there was a slight reduction in the selling prices dropping till KSh 1,595,355. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from KSh 1,560,921.25 to KSh 1,440,311 during March and April.