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 November was of R 285 971. This price hardly went through any changes and remained at R 281 752 during December. The average selling price has remained fairly constant during the following two months, going from R 283 861,5 to R 274 119. During the last couple of months, the average price has hardly changed, remaining the same going from R 278 990,25 to R 277 354 during March and April.
The average price for Kia Rio has had a strong rise in recent years. Between 2004 and 2019, the average price is R 96 966,73. There was a significant inflation of the average price in 2004 (R 30 450) moving up till (R 120 940)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 106 %. 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 (R 231 995) and the the last two years that were studied (2022, 2023) with a price of R 264 273,5.
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 67 % more affordable than the average price (R 274 519). Next with a price of R 127 148 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "25 000 - 50 000". It is 5% less expensive than the average market value followed by those cars with a mileage of "50 000 - 100 000" priced at R 247 889.
The graph displaying the average price for vehicles with doors shows that Kia Rio automobiles with the cheapest price have 4 doors. They are 47 % cheaper than the average price for this model priced at R 145 969. Cars with the lowest price have 5 doors and are 8 % cheaper than the average previously displayed.
