Kia Rio Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Kia Rio cars has had a strong depreciation during the last 6 months we have studied. In April the price for a car is ₱ 368,812 increasing till ₱ 389,662 in May. The average selling price has remained fairly constant during the following two months, going from ₱ 379,237 to ₱ 366,849. In the last two months, the price has gone through a strong devaluation of -52 % compared to the 4 previous average values going down from ₱ 373,043 to ₱ 179,296.5.