Kia Sorento 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 Sorento cars have remained constant in the last 6 months. The average price for September is ₱ 574,088. During October there was a slight reduction in the selling prices dropping till ₱ 493,013. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 15 % from ₱ 533,550.5 to ₱ 615,494. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 640,469) during January and February.
The average price for Kia Sorento has had a strong rise in recent years. Between 2004 and 2011, the average price is ₱ 362,378.62. There was a significant inflation of the average price in 2004 (₱ 314,800) moving up till (₱ 436,467)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 95 %. During the last two years, prices in the car industry have gone through a strong rise of 31 % 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 (₱ 1,025,828.25) and the the last two years that have been analyzed (2014, 2018) with a price of ₱ 1,346,798.5.
The graph that displays the price for Kia Sorento cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 21 % more affordable than the average price (₱ 615,788). Next with a price of ₱ 543,353 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 39% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 636,111.
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 49 % less expensive than the average market price (₱ 615,788) followed by "Diesel" priced at ₱ 472,146. On average the cheapest type of fuel is "Diesel". It´s price is 23 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 316,563.