Kia Forte Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Kia Forte cars have increased during the last 6 months. The average price in June was of ₱ 443,661. This price hardly went through any changes and remained at ₱ 424,863 during July. During the following two months (August, September) the average selling price rose somewhat going from ₱ 434,262 to ₱ 482,172.5. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 491,376) during October and November.
The average price for Kia Forte has had a strong rise in recent years. Between 2008 and 2014, the average price is ₱ 387,812.25. There was a significant inflation of the average price in 2008 (₱ 287,666) moving up till (₱ 392,500)in 2014. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 26 %. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 (₱ 679,166.75) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 867,833.5.
The graph that displays the price for Kia Forte cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 24 % more affordable than the average price (₱ 461,303). Next with a price of ₱ 381,875 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 54% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 666,500.
The graph showing the average price for the fuel type for Kia Forte cars points out to "Gasoline" as being the cheapest fuel type. It is 3 % less expensive than the average market price (₱ 461,303) followed by "Diesel" priced at ₱ 746,500. On average the most expensive type of fuel is "Diesel". It´s price is 62 % higher than the average market price followed by "Gasoline" which costs ₱ 449,714.