Kia Sportage 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 Sportage cars has fallen during the last 6 months we have analyzed. The average price for July is R 528 511. During August there was a slight reduction in the selling prices dropping till R 496 483. The average selling price has remained fairly constant during the following two months, going from R 512 497 to R 498 597. During the last couple of months, the average price has hardly changed, remaining the same going from R 505 547 to R 497 776,5 during November and December.
The average price for Kia Sportage has had a strong rise in recent years. Between "before 2000" and 2014, the average price is R 107 837,47. There was a significant inflation of the average price in "before 2000" (R 42 583) moving up till (R 254 506)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 167 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 359 439,75) and the the last two years that have been analyzed (2017, 2018) with a price of R 431 346,5.
The graph that displays the price for Kia Sportage 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 82 % more affordable than the average price (R 499 683). Next with a price of R 237 853 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 5% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 393 778.
The graph showing the average price for the fuel type for Kia Sportage cars points out to "Petrol" as being the cheapest fuel type. It is 22 % less expensive than the average market price (R 499 683) followed by "Diesel" priced at R 442 545. On average the cheapest type of fuel is "Diesel". It´s price is 11 % more affordable than the average market value followed by "Petrol" with a price of R 390 133.