Kia Carnival Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Kia Carnival cars have gone through a strong rise during the last 6 months. The average price for June is ₱ 402,077. During July there was a slight reduction in the selling prices dropping till ₱ 373,932. During the following two months (August, September) the average selling price experienced a noticeable rise, going up 47 % from ₱ 388,004.5 to ₱ 572,101. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from ₱ 480,052.75 to ₱ 432,133.5 during October and November.
The average price for Kia Carnival has had a strong rise in recent years. Between 2007 and 2009, the average price is ₱ 375,797.34. There was a significant inflation of the average price in 2007 (₱ 268,333) moving up till (₱ 505,559)in 2009. During the next two years the average price(₱ 388,583.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 53 % 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 (₱ 820,208.5) and the the last two years that have been analyzed (2013, 2016) with a price of ₱ 1,251,833.5.
The graph that displays the price for Kia Carnival cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 14 % more affordable than the average price (₱ 456,831). Next with a price of ₱ 499,889 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 392,097.