Kia Rio 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 Rio cars have remained constant in the last 6 months. The average price in April was of ₱ 457,250. This price hardly went through any changes and remained at ₱ 454,400 during May. During the following two months (June, July) the average selling price rose somewhat going from ₱ 455,825 to ₱ 491,237.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 473,531.25 to ₱ 458,806.5 during August and September.
The average price for Kia Rio has had a strong rise in recent years. Between 2008 and 2015, the average price is ₱ 302,100.88. There was a significant inflation of the average price in 2008 (₱ 278,000) moving up till (₱ 400,905)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 53 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 (₱ 575,064.75) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 688,785.5.
The graph that displays the price for Kia Rio 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 54 % more affordable than the average price (₱ 440,013). Next with a price of ₱ 283,348 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 389,250.
The graph showing the average price for the fuel type for Kia Rio cars points out to "Diesel" as being the cheapest fuel type. It is 29 % less expensive than the average market price (₱ 440,013) followed by "Gasoline" priced at ₱ 409,812. On average the cheapest type of fuel is "Gasoline". It´s price is 7 % more affordable than the average market value followed by "Diesel" with a price of ₱ 314,600.
The graph displaying the average price for vehicles with doors shows that Kia Rio automobiles with the cheapest price have 4 doors. They are 25 % cheaper than the average price for this model priced at ₱ 329,053. Cars with the the highest price have 5 doors and are 5 % more expensive than the average mentioned before.