Kia Cadenza 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 Cadenza cars has had a strong depreciation during the last 6 months we have studied. The average price in January was of $41,643. This price hardly went through any changes and remained at $39,727 during February. 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, the price has gone through a -12 % devaluation compared to the previous average values going down from $35,943 to $31,478.5 during May and June.
The average price for Kia Cadenza has had a strong rise in recent years. Between 2014 and 2016, the average price is $16,723.67. There was a significant inflation of the average price in 2014 ($14,290) moving up till ($19,642)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 58 %. During the last two years, prices in the car industry have gone up 9 % 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 ($29,056.25) and the the last two years that were studied (2019, 2020) with a price of $31,655.
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 58 % more affordable than the average price ($31,911). Next with a price of $20,048 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 7% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $25,894.
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 19 % less expensive than the average market price ($31,911) followed by "Gas" priced at $26,207. On average the cheapest type of fuel is "Gas". It´s price is 18 % more affordable than the average market value followed by "Gasoline" with a price of $25,884.