Kia Forte 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 Forte cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is $821,260. During August the price went trough a strong deflation till $406,081. The following two months the selling price went through a strong reduction of -89 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -81 % compared to the 4 previous average values going down from $340,868.25 to $65,209.
The average price for Kia Forte has had a strong rise in recent years. Between 2010 and 2017, the average price is $12,438.5. There was a significant inflation of the average price in 2010 ($7,345) moving up till ($19,908)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 85 %. During the last two years, prices in the car industry have gone up 10 % 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 ($25,460.75) and the the last two years that were studied (2020, 2021) with a price of $27,941.5.
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 95 % more affordable than the average price ($100,422). Next with a price of $16,572 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 71% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $27,378.
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 76 % less expensive than the average market price ($100,422) followed by "Gas" priced at $27,352. On average the cheapest type of fuel is "Gas". It´s price is 73 % more affordable than the average market value followed by "Gasoline" with a price of $23,830.
The graph displaying the average price for vehicles with doors shows that Kia Forte automobiles with the cheapest price have 2 doors. They are 88 % cheaper than the average price for this model priced at $12,181. Cars with the lowest price have 4 doors and are 73 % cheaper than the average previously displayed.