Kia Magentis 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 Magentis cars have gone through a strong rise during the last 6 months. The average price in October was of ₦ 641,667. This price hardly went through any changes and remained at ₦ 670,000 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 62 % from ₦ 655,833.5 to ₦ 1,065,000. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from ₦ 860,416.75 to ₦ 700,000.