Kia Rio 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 Rio cars have increased during the last 6 months. The average price in October was €15,634. This price hardly went through any changes and remained at €16,149 during November. During the following two months (December, January) the average selling price rose somewhat going from €15,891.5 to €17,161. The average price has risen 5 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (€17,381.5) during February and March.
The average price for Kia Rio has had a strong rise in recent years. Between 2009 and 2019, the average price is €8,805.36. There was a significant inflation of the average price in 2009 (€4,279) moving up till (€16,349)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 99 %. During the last two years, prices in the car industry have gone up 8 % 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 (€18,975.5) and the the last two years that were studied (2022, 2023) with a price of €20,460.5.
The graph that displays the price for Kia Rio cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 84 % more affordable than the average price (€16,914). Next with a price of €8,638 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of €16,329.
The graph showing the average price for the fuel type for Kia Rio cars points out to "Diesel" as being the cheapest fuel type. It is 51 % less expensive than the average market price (€16,914) followed by "Petrol" priced at €16,697. On average the cheapest type of fuel is "Petrol". It´s price is 1 % more affordable than the average market value followed by "Diesel" with a price of €8,224.
The graph showing the average price for Kia Rio cars displays those with 4 doors as the cheapest ones. They are 69 % more affordable than the average price (€16,914). These are followed by those with 3 doors with an average price of €8,469. Cars with the lowest price have 5 doors and are 1 % cheaper than the average previously displayed.