Kia Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Kia cars have gone through a strong rise during the last 6 months. The average price in January was of $57,651. This price hardly went through any changes and remained at $56,091 during February. The average selling price has remained fairly constant during the following two months, going from $56,871 to $56,338.5. The average price has had spectacular rise of 824 % with an average price of $56,604.75 during the previous 4 months and $522,878 during the most recent months in May and June.
The average price for Kia has had a strong rise in recent years. During the first sample analyzed, going from "before 2000" to 2017, the average price was $182,133.94. Please take note of of the significant depreciation in the prices between "before 2000" ($124,001) and 2017 ($39,432). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -76 % compared to the previous period. During the last two years, prices in the car industry have gone up 12 % 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 ($49,058.25) and the the last two years that were studied (2020, 2021) with a price of $54,937.5.
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 99 % more affordable than the average price ($986,833). Next with a price of $53,240 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 4% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $847,985.
The graph showing the average price for the fuel type for Kia cars points out to "Electric" as being the cheapest fuel type. It is 98 % less expensive than the average market price ($986,833) followed by "Hybrid" priced at $30,362. On average the cheapest type of fuel is "Gas". It´s price is 94 % more affordable than the average market value followed by "Gasoline" with a price of $50,240.
The graph showing the average price for Kia cars displays those with 2 doors as the cheapest ones. They are 99 % more affordable than the average price ($986,833). These are followed by those with 5 doors with an average price of $16,079. Cars with the lowest price have 4 doors and are 95 % cheaper than the average previously displayed.