Kia Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Kia cars has fallen during the last 6 months we have analyzed. The average price for November is ₹ 18.63 lakhs. During December there was a slight reduction in the selling prices dropping till ₹ 17.15 lakhs. During the following two months (January, February) the average selling price rose somewhat going from ₹ 17.89 lakhs to ₹ 19.27 lakhs. In the last two months, the price has gone through a strong devaluation of -35 % compared to the 4 previous average values going down from ₹ 18.58 lakhs to ₹ 12.15 lakhs.
The average price for Kia has gone through a significant depreciation in recent years. During 2019 and 2019, the average price was ₹ 7.25 lakhs. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -24 % compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -11 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₹ 4.96 lakhs) and the the last two years analyzed (2022, 2023) with a price of ₹ 4.42 lakhs.
The graph that displays the price for Kia cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 82 % more affordable than the average price (₹ 15.66 lakhs). Next with a price of ₹ 2.92 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 8.47 lakhs.
The graph showing the average price for the fuel type for Kia cars points out to "Petrol" as being the cheapest fuel type. It is 77 % less expensive than the average market price (₹ 15.66 lakhs) followed by "Diesel" priced at ₹ 5.27 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 66 % more affordable than the average market value followed by "Petrol" with a price of ₹ 3.57 lakhs.