Kia Carnival 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 Carnival cars has fallen during the last 6 months we have analyzed. In July the price for a car is ₱ 442,960 increasing till ₱ 485,373 in August. The following two months the selling price went through a strong reduction of -22 % compared to the previous two months studied. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 444,896.5) during November and December.
The average price for Kia Carnival has had a strong rise in recent years. During the first sample analyzed, going from 2008 to 2010, the average price was ₱ 279,710. Please take note of of the significant depreciation in the prices between 2008 (₱ 308,750) and 2010 (₱ 204,000). During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 56 %. During the last two years, prices in the car industry have gone through a strong rise of 42 % 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 (₱ 754,979.25) and the the last two years that have been analyzed (2014, 2015) with a price of ₱ 1,072,458.5.
The graph that displays the price for Kia Carnival 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 39 % more affordable than the average price (₱ 481,809). Next with a price of ₱ 392,497 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 76% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 634,050.