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honda vezel Market Analysis - December 2025

hondavezelEnglish

January 1, 2026

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8 views

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Target: December 2025


Honda Vezel in Sri Lanka's Used Car Market: A Deep Dive (December 2025)

The Honda Vezel, known for its stylish design, fuel efficiency, and practicality, remains a popular choice in Sri Lanka's crossover SUV segment. While this month has seen only 8 views for the Vezel specifically, the overall market for used cars remains active. This analysis delves into the current state of the used Honda Vezel market in Sri Lanka, providing valuable insights for both buyers and sellers.

Overall Market Snapshot:

This month, a total of 971 car advertisements were posted, indicating a relatively high level of activity. Prices ranged from a very low Rs. 210 (likely a data entry error or a very specific case) to Rs. 21,900,000. The average price was Rs. 13,364,521, while the median price sat at Rs. 11,790,000. This significant difference between the average and median suggests a skew towards higher-priced vehicles in the overall market.

Honda Vezel Specific Analysis:

Let's focus specifically on the Honda Vezel based on the provided data.

1. Price Analysis:

Overall Price Statistics for Honda Vezel:

StatisticValue (Rs.)
Minimum Price210
Maximum Price21,900,000
Average Price13,364,521

2. Detailed Tables & Analysis:

Given the limited data focusing only on recent Vezel listings, a statistically meaningful mileage and year-based pricing table isn't possible. We will proceed using the provided recent listing data as a representative sample.

Individual Honda Vezel Listings (December 2025):

Listing #Price (Rs.)YearMileage (km)Listed Date
12102025202512/10/2025
28,400,0002014190000012/27/2025
38,500,000201415968912/20/2025
48,500,000201415968912/21/2025
58,500,000201415968912/24/2025
68,500,000201415968912/25/2025
78,500,000201415968912/26/2025
88,550,000201415800012/31/2025
98,600,000201412600012/6/2025
108,600,000201416800012/21/2025

Mileage-Based Pricing (Based on Limited Data):

Due to the limited mileage diversity, a comprehensive mileage-based table is not possible. However, we can observe a potential trend:

  • Higher Mileage (150,000+ km): Prices appear to hover around Rs. 8,500,000. The outlier here is listing #2 with the extremely high mileage (1,900,000 km) and a price of Rs. 8,400,000
  • Lower Mileage (126,000 km): Prices can reach Rs. 8,600,000.

Year-Based Pricing (Based on Limited Data):

Again, the data is dominated by 2014 models. However, the one 2025 listing significantly skews the numbers.

COMBINED Year + Mileage Matrix Table (Limited Data - Indicative Only):

Year< 150,000 km150,000 - 200,000 km> 200,000 km
2014Rs. 8,600,000Rs. 8,525,000Rs. 8,400,000
2025Rs. 210 (outlier)N/AN/A

Note: This table should be taken with extreme caution due to the limited data points. The price for 2025 is likely an error and is significantly impacting the average.

3. Market Insights:

  • Mileage & Pricing: From the limited data, there's a slight inverse correlation between mileage and price for the 2014 models. Higher mileage tends to correspond to a slightly lower price. The 2025 outlier needs to be disregarded.
  • Vehicle Age & Pricing: Older vehicles (2014 models) are priced significantly lower than newer vehicles (the 2025 outlier). In general, newer cars command a higher price.
  • Combined Impact: A 2014 Vezel with lower mileage (under 150,000 km) seems to fetch a slightly higher price compared to those with higher mileage within the 150,000 - 200,000 km range.
  • Sweet Spot (Value): Based on the data, a 2014 Vezel with mileage between 120,000 and 160,000 km might represent a good value proposition, offering a balance between age, mileage, and price.
  • Market Activity: The presence of 971 total ads this month suggests a relatively active used car market in general, though the Vezel has only 8 views.
  • Market Insight from data : Anomaly in listed data suggests quality control issues

4. Price Trend Analysis:

The data indicates a decreasing price trend of -56.83%. This suggests that prices for the Honda Vezel in the Sri Lankan market are currently declining. This could be due to a number of factors, including:

  • Increased availability of used Vezels.
  • Fluctuations in import duties and taxes.
  • Changes in overall economic conditions.
  • Introduction of newer models or competitors.

For Buyers: This decreasing trend is good news. You may be able to negotiate a better deal on a used Honda Vezel.

For Sellers: This trend suggests the need to price your Vezel competitively, potentially lower than previously expected, to attract buyers.

5. Buyer's Guide:

  • Budget Considerations:
    • Budget below Rs. 8,500,000: Focus on 2014 models with mileage closer to 150,000+ km. Inspect thoroughly for any mechanical issues due to higher mileage.
    • Budget between Rs. 8,500,000 - Rs. 9,000,000: Target 2014 models with lower mileage (120,000 - 160,000 km).
  • Best Value Combination: A 2014 model with mileage in the 120,000 - 160,000 km range appears to offer a reasonable balance between price, age, and mileage.
  • Negotiation Insights: Use the mileage and year of manufacture as leverage during price negotiations. Highlight any maintenance records and the overall condition of the vehicle.

6. Seller's Guide:

  • Pricing Strategy:
    • 2014 Model: Carefully assess your vehicle's mileage. If it's above 150,000 km, price competitively within the Rs. 8,400,000 - Rs. 8,500,000 range. For mileage under 150,000 km, you might be able to ask for a slightly higher price.
  • Market Positioning: Emphasize the condition of your vehicle. Highlight any recent maintenance, upgrades, or accessories. Be transparent about the vehicle's history.
  • Use accurate data to inform market value.
  • Use the matrix to inform pricing.

Conclusion:

The used Honda Vezel market in Sri Lanka is currently experiencing a price decrease. While the provided data is limited, especially concerning mileage and year diversity, the analysis offers valuable guidance for buyers and sellers. It's crucial to conduct thorough inspections and negotiate based on the specific year, mileage, and condition of the vehicle. Given the relatively high activity in the overall used car market, the Honda Vezel remains a viable option, but buyers and sellers should be well-informed to make the best possible decisions. Remember to ignore the outlier listings which may be incorrect. Always compare listings to determine accurate market value.


Data Summary

  • Views in December 2025: 8
  • Active users: 6
  • Price trend: decreasing (-56.83%)
  • Total ads in December 2025: 971
  • Price range: Rs. 210 - Rs. 21,900,000