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 £15,737. This price hardly went through any changes and remained at £15,775 during December. The average selling price has remained fairly constant during the following two months, going from £15,756 to £16,274. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (£16,956.5) during March and April.
The average price for Kia Rio has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2004 to 2017, the average price was £5,188.31. Please take note of of the significant depreciation in the prices between 2004 (£17,664) and 2017 (£9,484). During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 107 %. 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 (£13,048.25) and the the last two years that have been analyzed (2020, 2021) with a price of £15,356.5.
The graph that displays the price for Kia Rio 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 88 % more affordable than the average price (£17,019). Next with a price of £6,162 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £11,274.
The graph showing the average price for the fuel type for Kia Rio cars points out to "Diesel" as being the cheapest fuel type. It is 51 % less expensive than the average market price (£17,019) followed by "Petrol" priced at £16,347. On average the most expensive type of fuel is "Hybrid". It´s price is 5 % higher than the average market price followed by "Petrol" which costs £16,347.
The graph displaying the average price for vehicles with doors shows that Kia Rio automobiles with the cheapest price have 3 doors. They are 67 % cheaper than the average price for this model priced at £5,604. Cars with the lowest price have 5 doors and are 5 % cheaper than the average previously displayed.