Price for Kia Sorento
Kia Sorento 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 Sorento cars have increased during the last 6 months. In October the price for a car is $38,230 increasing till $43,616 in November. The average selling price has remained fairly constant during the following two months, going from $40,923 to $39,107.5. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($43,071) during February and March.
The average price for Kia Sorento has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2006 to 2020, the average price was $29,362.58. Please take note of of the significant depreciation in the prices between 2006 ($61,700) and 2020 ($40,078). During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 86 %. During the last two years, prices in the car industry have gone up 14 % 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 ($63,546) and the the last two years that were studied (2023, 2024) with a price of $72,398.5.
The graph that displays the price for Kia Sorento 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 77 % more affordable than the average price ($42,986). Next with a price of $27,607 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 52% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $61,765.
The graph showing the average price for the fuel type for Kia Sorento cars points out to "Gasoline" as being the cheapest fuel type. It is 36 % less expensive than the average market price ($42,986) followed by "Diesel" priced at $34,629. On average the cheapest type of fuel is "Diesel". It´s price is 19 % more affordable than the average market value followed by "Gasoline" with a price of $27,386.
