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 November the average price per vehicle is $41,402. During December the price went trough a strong deflation till $34,171. The following two months (January, February) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from $35,626.5 to $30,305 during March and April.
The average price for Kia K900 has had a strong rise in recent years. During 2015 and 2016, the average price was $20,212.5. During this period, prices pretty much remained constant. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 67 %. During the last two years, prices in the car industry have gone up 13 % 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 ($38,509.25) and the the last two years that were studied (2019, 2020) with a price of $43,330.5.
The graph that displays the price for Kia K900 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 54 % more affordable than the average price ($32,266). Next with a price of $19,500 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $31,256.