Kia 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 Kia cars has had a strong depreciation during the last 6 months we have studied. In January the average price per vehicle is $102,902. During February the price went trough a strong deflation till $78,256. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from $79,937.75 to $66,369.5.
The average price for Kia has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $17,468.53. There was a significant inflation of the average price in "before 2000" ($3,378) moving up till ($29,880)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 105 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($43,918) and the the last two years that have been analyzed (2018, 2019) with a price of $52,099.5.
The graph that displays the price for Kia cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 91 % more affordable than the average price ($60,816). Next with a price of $17,221 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $37,972.
The graph showing the average price for the fuel type for Kia cars points out to "Diesel" as being the cheapest fuel type. It is 90 % less expensive than the average market price ($60,816) followed by "Hybrid" priced at $21,010. On average the cheapest type of fuel is "Gasoline". It´s price is 30 % more affordable than the average market value followed by "Gas" with a price of $26,331.
The graph showing the average price for Kia cars displays those with 5 doors as the cheapest ones. They are 83 % more affordable than the average price ($60,816). These are followed by those with 2 doors with an average price of $14,018. Cars with the lowest price have 4 doors and are 24 % cheaper than the average previously displayed.