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. During the first month analyzed in August the average price was $26,651. September went through a strong inflation with a rise in the price till $31,699. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 22 % from $29,175 to $35,655. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($35,666) during December and January.
The average price for Kia Cadenza has had a strong rise in recent years. Between 2014 and 2016, the average price is $16,614.67. There was a significant inflation of the average price in 2014 ($15,181) moving up till ($18,405)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 52 %. 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 ($28,628.5) and the the last two years that were studied (2019, 2020) with a price of $32,012.5.
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 63 % more affordable than the average price ($35,388). Next with a price of $22,050 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 9% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $29,465.
The graph showing the average price for the fuel type for Kia Cadenza cars points out to "Gas" as being the cheapest fuel type. It is 34 % less expensive than the average market price ($35,388) followed by "Gasoline" priced at $31,303. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Gas" with a price of $23,522.