Kia K900 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 K900 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $45,617. During November the price went trough a strong deflation till $38,033. The following two months (December, January) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $38,805 to $40,127 during February and March.
The average price for Kia K900 has had a strong rise in recent years. Between 2015 y 2016, the average price is $22,763. There was a price inflation going from ($21,558) to ($23,968). During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 93 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($51,744.75) and the the last two years that have been analyzed (2019, 2020) with a price of $59,612.5.
The graph that displays the price for Kia K900 cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 55 % more affordable than the average price ($41,391). Next with a price of $23,133 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 29% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $25,831.