Kia Rio 5 Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Kia Rio 5 cars have remained constant in the last 6 months. The average price for November is $13,573. During December there was a slight reduction in the selling prices dropping till $12,352. The average selling price has remained fairly constant during the following two months, going from $12,962.5 to $13,485.5. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($14,947) during March and April.
The average price for Kia Rio 5 has had a strong rise in recent years. Between 2013 and 2016, the average price is $10,167.5. There was a significant inflation of the average price in 2013 ($8,497) moving up till ($11,838)in 2016. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 38 %. During the last two years, prices in the car industry have gone up 12 % 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 ($15,912.75) and the the last two years that were studied (2020, 2021) with a price of $17,747.
The graph that displays the price for Kia Rio 5 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 33 % more affordable than the average price ($16,150). Next with a price of $13,860 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 5% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $13,860.