Price for Kia Sorento
Kia Sorento Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Kia Sorento cars has fallen during the last 6 months we have analyzed. In October the price for a car is R 426 300 increasing till R 472 757 in November. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from R 415 451 to R 355 879 during February and March.
The average price for Kia Sorento has had a strong rise in recent years. Between 2004 and 2019, the average price is R 188 557,58. There was a significant inflation of the average price in 2004 (R 65 667) moving up till (R 302 423)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 91 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 482 933,5) and the the last two years that have been analyzed (2022, 2023) with a price of R 604 955.
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 74 % more affordable than the average price (R 389 559). Next with a price of R 136 804 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 51% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 548 408.
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 42 % less expensive than the average market price (R 389 559) followed by "Diesel" priced at R 396 444. On average the most expensive type of fuel is "Diesel". It´s price is 2 % higher than the average market price followed by "Petrol" which costs R 225 250.
