Kia Forte 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 Forte cars have remained constant in the last 6 months. In January the average price per vehicle is ₱ 551,818. During February the price went trough a strong deflation till ₱ 459,250. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 33 % from ₱ 505,534 to ₱ 673,601.5. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from ₱ 589,567.75 to ₱ 524,388 during May and June.
The average price for Kia Forte has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 320,488. There was a significant inflation of the average price in "before 2000" (₱ 111,667) moving up till (₱ 586,222)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 120 %. During the last two years, prices in the car industry have gone up 13 % 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 (₱ 813,937.5) and the the last two years that were studied (2018, 2019) with a price of ₱ 922,653.
The graph that displays the price for Kia Forte 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 53 % more affordable than the average price (₱ 528,888). Next with a price of ₱ 351,034 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 4% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₱ 504,000.
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 14 % less expensive than the average market price (₱ 528,888) followed by "Diesel" priced at ₱ 628,667. On average the most expensive type of fuel is "Diesel". It´s price is 19 % higher than the average market price followed by "Gasoline" which costs ₱ 452,400.