Kia Forte 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 Forte cars have gone through a strong rise during the last 6 months. The average price in March was of $27,209. This price hardly went through any changes and remained at $28,082 during April. During the following two months (May, June) the average selling price experienced a noticeable rise, going up 1439 % from $27,645.5 to $425,522.5. The average price has had spectacular rise of 171 % with an average price of $226,584 during the previous 4 months and $613,670.5 during the most recent months in July and August.
The average price for Kia Forte has had a strong rise in recent years. Between 2010 and 2017, the average price is $29,351.38. There was a significant inflation of the average price in 2010 ($6,895) moving up till ($19,590)in 2017. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -28 % compared to the previous period. During the last two years, prices in the car industry have gone up 8 % 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 ($22,940.25) and the the last two years that were studied (2020, 2021) with a price of $24,799.5.
The graph that displays the price for Kia Forte 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 ($406,081). Next with a price of $21,882 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 48% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $47,474.
The graph showing the average price for the fuel type for Kia Forte cars points out to "Gasoline" as being the cheapest fuel type. It is 95 % less expensive than the average market price ($406,081) followed by "Gas" priced at $23,194. 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 $21,706.
The graph displaying the average price for vehicles with doors shows that Kia Forte automobiles with the cheapest price have 2 doors. They are 98 % cheaper than the average price for this model priced at $9,107. Cars with the lowest price have 4 doors and are 94 % cheaper than the average previously displayed.