Kia Sorento 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 Sorento cars have increased during the last 6 months. In December the price for a car is ₱ 366,707 increasing till ₱ 393,715 in January. During the following two months (February, March) the average selling price rose somewhat going from ₱ 380,211 to ₱ 413,791. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 397,001 to ₱ 386,267.5 during April and May.
The average price for Kia Sorento has had a strong rise in recent years. During the first sample analyzed (2005 - 2010), the average selling price stood at ₱ 304,562.5. During this time, the price for 2005 which was ₱ 380,250 decreased to ₱ 345,375 during 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 73 %. During the last two years, prices in the car industry have gone up 6 % 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 (₱ 561,877) and the the last two years that were studied (2013, 2014) with a price of ₱ 597,166.5.
The graph that displays the price for Kia Sorento 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 27 % more affordable than the average price (₱ 395,667). Next with a price of ₱ 385,369 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 24% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 454,059.
The graph showing the average price for the fuel type for Kia Sorento cars points out to "Gasoline" as being the cheapest fuel type. It is 35 % less expensive than the average market price (₱ 395,667) followed by "Diesel" priced at ₱ 342,000. On average the cheapest type of fuel is "Diesel". It´s price is 14 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 258,073.