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 in July was of ₱ 594,950. This price hardly went through any changes and remained at ₱ 578,163 during August. The following two months (September, October) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 615,494) during November and December.
The average price for Kia Sorento has had a strong rise in recent years. Between 2004 and 2012, the average price is ₱ 424,602.56. There was a significant inflation of the average price in 2004 (₱ 373,800) moving up till (₱ 536,222)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 69 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 (₱ 1,025,804.75) and the the last two years that have been analyzed (2015, 2018) with a price of ₱ 1,334,143.
The graph that displays the price for Kia Sorento cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 24 % more affordable than the average price (₱ 696,775). Next with a price of ₱ 575,652 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 41% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 637,545.
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 33 % less expensive than the average market price (₱ 696,775) followed by "Diesel" priced at ₱ 525,167. On average the cheapest type of fuel is "Diesel". It´s price is 25 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 467,769.