Kia Rio Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Kia Rio cars have increased during the last 6 months. The average price in November was of $18,742. This price hardly went through any changes and remained at $19,492 during December. The average selling price has remained fairly constant during the following two months, going from $19,117 to $19,615. During the last couple of months, the average price has hardly changed, remaining the same going from $19,366 to $20,188.5 during March and April.
The average price for Kia Rio has had a strong rise in recent years. Between 2001 and 2017, the average price is $6,312.06. There was a significant inflation of the average price in 2001 ($4,164) moving up till ($12,005)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 141 %. 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 ($16,818.75) and the the last two years that were studied (2020, 2021) with a price of $18,432.5.
The graph that displays the price for Kia Rio 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 74 % more affordable than the average price ($20,433). Next with a price of $8,284 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $15,599.
The graph showing the average price for the fuel type for Kia Rio cars points out to "Gasoline" as being the cheapest fuel type. It is 47 % less expensive than the average market price ($20,433) followed by "Gas" priced at $16,595. On average the cheapest type of fuel is "Gas". It´s price is 19 % more affordable than the average market value followed by "Gasoline" with a price of $10,775.