Kia Cadenza 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 Cadenza cars have gone through a strong rise during the last 6 months. The average price in October was of $32,063. This price hardly went through any changes and remained at $31,657 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 25 % from $31,860 to $39,760.5. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($38,394.5) during February and March.
The average price for Kia Cadenza has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2014 to 2016, the average price was $18,655.67. Please take note of of the significant depreciation in the prices between 2014 ($26,167) and 2016 ($16,234). During the next two years (2017, 2018), the average price went up 10 % moving from !PRECIO1! to $20,591.5, During the last two years, prices in the car industry have gone up 13 % 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 ($23,576.75) and the the last two years that were studied (2019, 2020) with a price of $26,562.
The graph that displays the price for Kia Cadenza cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 71 % more affordable than the average price ($37,829). Next with a price of $17,728 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $25,039.
The graph showing the average price for the fuel type for Kia Cadenza cars points out to "Gasoline" as being the cheapest fuel type. It is 60 % less expensive than the average market price ($37,829) followed by "Gas" priced at $18,578. On average the cheapest type of fuel is "Gas". It´s price is 51 % more affordable than the average market value followed by "Gasoline" with a price of $15,236.