Kia K2700 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Kia K2700 cars has had a strong depreciation during the last 6 months we have studied. In October the price for a car is ₦ 1,191,875 increasing till ₦ 1,315,714 in November. The following two months the selling price went through a strong reduction of -34 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -60 % compared to the 4 previous average values going down from ₦ 1,039,939 to ₦ 412,798.
The average price for Kia K2700 has had a strong rise in recent years. Between 2004 and 2010, the average price is ₦ 601,333.31. There was a significant inflation of the average price in 2004 (₦ 500,000) moving up till (₦ 904,000)in 2010.
The graph that displays the price for Kia K2700 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 1 % more affordable than the average price (₦ 421,429). Next with a price of ₦ 500,000 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 418,750.