Price for Kia Picanto
Kia Picanto Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Kia Picanto cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was AED 16,543. November went through a strong inflation with a rise in the price till AED 20,333. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 16 % with an average price of AED 17,867.75 during the previous 4 months and AED 20,705.5 during the most recent months in February and March.
The average price for Kia Picanto has had a strong rise in recent years. Between 2011 and 2020, the average price is AED 18,621.6. There was a significant inflation of the average price in 2011 (AED 8,000) moving up till (AED 24,950)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 65 %. During the last two years, the car industry has had a strong deflation in its selling prices of -27 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (AED 24,340.25) and the the last two years (2023, 2024) with a price of AED 17,872.
The graph that displays the price for Kia Picanto 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 47 % more affordable than the average price (AED 21,771). Next with a price of AED 20,308 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 26% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 27,100.
The graph showing the average price for Kia Picanto cars displays those with 2 doors as the cheapest ones. They are 92 % more affordable than the average price (AED 21,771). These are followed by those with 4 doors with an average price of AED 18,750. Cars with the lowest price have 5 doors and are 2 % cheaper than the average previously displayed.
