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. In July the price for a car is ₱ 424,863 increasing till ₱ 453,600 in August. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 17 % from ₱ 439,231.5 to ₱ 516,097. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from ₱ 477,664.25 to ₱ 439,112 during November and December.
The average price for Kia Forte has had a strong rise in recent years. Between 2008 and 2014, the average price is ₱ 368,208.34. There was a significant inflation of the average price in 2008 (₱ 253,250) moving up till (₱ 420,000)in 2014. During the next two years (2016, 2017), the average price went up 7 % moving from !PRECIO1! to ₱ 392,666.5, During the last two years, prices in the car industry have gone through a strong rise of 35 % 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 (₱ 599,916.75) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 807,167.
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 27 % more affordable than the average price (₱ 416,921). Next with a price of ₱ 381,625 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 381,625.
The graph showing the average price for the fuel type for Kia Forte cars marks "Diesel" as the most costly fuel type. It is 38 % more expensive than the average market price (₱ 416,921) followed by "Gasoline" priced at ₱ 666,444. On average the most expensive type of fuel is "Gasoline". It´s price is 60 % higher than the average market price followed by "Diesel" which costs ₱ 575,625.