Price for Kia Rio
Kia Rio 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 cars have remained constant in the last 6 months. The average price in October was of $15,424. This price hardly went through any changes and remained at $15,426 during November. The average selling price has remained fairly constant during the following two months, going from $15,425 to $15,615.5. During the last couple of months, the average price has hardly changed, remaining the same going from $15,520.25 to $15,393.5 during February and March.
The average price for Kia Rio has had a strong rise in recent years. Between 2006 and 2016, the average price is $10,543.67. There was a significant inflation of the average price in 2006 ($5,493) moving up till ($13,718)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 65 %. During the last two years, prices in the car industry have gone up 8 % 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 ($18,830.5) and the the last two years that were studied (2019, 2020) with a price of $20,278.5.
The graph that displays the price for Kia Rio 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 53 % more affordable than the average price ($15,152). Next with a price of $13,111 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 45% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $20,682.
