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 in February was of $17,350. This price hardly went through any changes and remained at $16,639 during March. During the following two months (April, May) the average selling price rose somewhat going from $16,994.5 to $17,994.5. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from $17,494.5 to $15,536.5 during June and July.
The average price for Kia Rio 5 has had a strong rise in recent years. Between 2012 and 2014, the average price is $8,952. There was a significant inflation of the average price in 2012 ($7,747) moving up till ($9,574)in 2014. During the next two years (2016, 2018) the price for the aforementioned model has gone up strongly a 61 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 ($17,466.25) and the the last two years that have been analyzed (2020, 2021) with a price of $20,530.
The graph that displays the price for Kia Rio 5 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 27 % more affordable than the average price ($13,760). Next with a price of $13,630 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 53% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $17,268.