Kia Picanto 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 Picanto cars have gone through a strong rise during the last 6 months. During the first month analyzed in December the average price was ₱ 269,938. January went through a strong inflation with a rise in the price till ₱ 310,513. During the following two months (February, March) the average selling price rose somewhat going from ₱ 290,225.5 to ₱ 326,231. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 308,228.25 to ₱ 314,393.5 during April and May.
The average price for Kia Picanto has had a strong rise in recent years. Between 2005 and 2014, the average price is ₱ 251,146. There was a significant inflation of the average price in 2005 (₱ 171,000) moving up till (₱ 344,333)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 30 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 339,783 in 2017 and ₱ 353,166.5 during 2018.
The graph that displays the price for Kia Picanto 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 48 % more affordable than the average price (₱ 331,831). Next with a price of ₱ 255,063 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 4% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 285,649.
The graph showing the average price for the fuel type for Kia Picanto cars points out to "Diesel" as being the cheapest fuel type. It is 38 % less expensive than the average market price (₱ 331,831) followed by "Gasoline" priced at ₱ 294,090. On average the cheapest type of fuel is "Gasoline". It´s price is 11 % more affordable than the average market value followed by "Diesel" with a price of ₱ 205,778.