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. In September the price for a car is $97,463 increasing till $108,411 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 15 % from $102,937 to $118,724. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($121,341) during January and February.
The average price for Kia has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $18,337.68. There was a significant inflation of the average price in "before 2000" ($5,061) moving up till ($48,333)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 189 %. 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 ($60,366) and the the last two years that were studied (2023, 2024) with a price of $67,655.
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 94 % more affordable than the average price ($113,583). Next with a price of $40,528 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 31% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $53,638.
The graph showing the average price for the fuel type for Kia cars points out to "Hybrid" as being the cheapest fuel type. It is 63 % less expensive than the average market price ($113,583) followed by "Gas" priced at $49,693. On average the cheapest type of fuel is "Electric". It´s price is 35 % more affordable than the average market value followed by "Gasoline" with a price of $55,689.
The graph showing the average price for Kia cars displays those with 2 doors as the cheapest ones. They are 90 % more affordable than the average price ($113,583). These are followed by those with 5 doors with an average price of $14,463. Cars with the lowest price have 4 doors and are 33 % cheaper than the average previously displayed.