Price for Kia Rio
Kia Rio 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 Rio cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $21,178. This price hardly went through any changes and remained at $20,263 during November. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $18,639.25 to $17,397.5 during February and March.
The average price for Kia Rio has had a strong rise in recent years. Between 2004 and 2018, the average price is $10,445.67. There was a significant inflation of the average price in 2004 ($5,260) moving up till ($19,208)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 107 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of $22,313.5 in 2021 and $23,049.5 during 2022.
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 66 % more affordable than the average price ($17,874). Next with a price of $8,873 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 42% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $19,980.
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 24 % less expensive than the average market price ($17,874) followed by "Petrol" priced at $15,910. On average the cheapest type of fuel is "Petrol". It´s price is 11 % more affordable than the average market value followed by "Gasoline" with a price of $13,569.
The graph showing the average price for Kia Rio cars displays those with 4 doors as the cheapest ones. They are 59 % more affordable than the average price ($17,874). These are followed by those with 3 doors with an average price of $10,924. Cars with the lowest price have 5 doors and are 20 % cheaper than the average previously displayed.
