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 of AED 18,391. This price hardly went through any changes and remained at AED 18,770 during November. During the following two months (December, January) the average selling price rose somewhat going from AED 18,580.5 to AED 19,790.5. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (AED 20,651) during February and March.
The average price for Kia Rio has had a strong rise in recent years. Between 2012 and 2016, the average price is AED 17,609.2. There was a significant inflation of the average price in 2012 (AED 14,171) moving up till (AED 20,667)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 47 %. During the last two years, prices in the car industry have gone up 10 % 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 (AED 28,917) and the the last two years that were studied (2019, 2020) with a price of AED 31,906.
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 39 % more affordable than the average price (AED 20,835). Next with a price of AED 19,276 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 71% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 28,900.
The graph displaying the average price for vehicles with doors shows that Kia Rio automobiles with the cheapest price have 4 doors. They are 11 % cheaper than the average price for this model priced at AED 18,503. Cars with the the highest price have 5 doors and are 25 % more expensive than the average mentioned before.