Kia 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 cars has fallen during the last 6 months we have analyzed. The average price for October is £50,621. During November there was a slight reduction in the selling prices dropping till £47,090. The average selling price has remained fairly constant during the following two months, going from £48,855.5 to £48,034.5. During the last couple of months, the average price has hardly changed, remaining the same going from £48,445 to £48,064.5 during February and March.
The average price for Kia has had a strong rise in recent years. Between 2004 and 2020, the average price is £8,889.29. There was a significant inflation of the average price in 2004 (£1,964) moving up till (£23,016)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 282 %. During the last two years, prices in the car industry have gone up 6 % 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 (£36,232.5) and the the last two years that were studied (2023, 2024) with a price of £38,539.5.
The graph that displays the price for Kia cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 80 % more affordable than the average price (£48,008). Next with a price of £19,846 and a mileage range of "50,000 - 100,000" 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 £39,653.
The graph showing the average price for the fuel type for Kia cars points out to "Petrol" as being the cheapest fuel type. It is 31 % less expensive than the average market price (£48,008) followed by "Diesel" priced at £33,965. On average the cheapest type of fuel is "Electric". It´s price is 14 % more affordable than the average market value followed by "Hybrid" with a price of £39,518.
The graph showing the average price for Kia cars displays those with 3 doors as the cheapest ones. They are 82 % more affordable than the average price (£48,008). These are followed by those with 4 doors with an average price of £9,250. Cars with the lowest price have 5 doors and are 1 % cheaper than the average previously displayed.