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 307 938. This price hardly went through any changes and remained at R 301 073 during December. The average selling price has remained fairly constant during the following two months, going from R 304 505,5 to R 304 318. During the last couple of months, the average price has hardly changed, remaining the same going from R 304 411,75 to R 313 604 during March and April.
The average price for Kia Rio has had a strong rise in recent years. Between 2001 and 2016, the average price is R 91 696,14. There was a significant inflation of the average price in 2001 (R 28 967) moving up till (R 185 585)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 123 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (R 251 723) and the the last two years that have been analyzed (2019, 2020) with a price of R 298 819.
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 74 % more affordable than the average price (R 315 284). Next with a price of R 154 498 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10 000". It is 0% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 254 202.
The graph displaying the average price for vehicles with doors shows that Kia Rio automobiles with the cheapest price have 4 doors. They are 54 % cheaper than the average price for this model priced at R 144 072. Cars with the lowest price have 5 doors and are 13 % cheaper than the average previously displayed.