Kia Sorento 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 Sorento cars have remained constant in the last 6 months. The average price in November was of R 566 933. This price hardly went through any changes and remained at R 553 619 during December. The average selling price has remained fairly constant during the following two months, going from R 560 276 to R 552 935,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 556 605,75 to R 580 737,5 during March and April.
The average price for Kia Sorento has had a strong rise in recent years. Between 2003 and 2016, the average price is R 154 743,92. There was a significant inflation of the average price in 2003 (R 55 450) moving up till (R 368 164)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 152 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 474 708,5) and the the last two years that have been analyzed (2019, 2020) with a price of R 559 917,5.
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 84 % more affordable than the average price (R 588 833). Next with a price of R 209 334 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 1% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 532 643.
The graph showing the average price for the fuel type for Kia Sorento cars points out to "Petrol" as being the cheapest fuel type. It is 81 % less expensive than the average market price (R 588 833) followed by "Diesel" priced at R 565 296. On average the cheapest type of fuel is "Diesel". It´s price is 4 % more affordable than the average market value followed by "Petrol" with a price of R 112 202.