Kia Forte 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 Forte cars has had a strong depreciation during the last 6 months we have studied. The average price for October is S$ 57,238. During November there was a slight reduction in the selling prices dropping till S$ 54,099. 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. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from S$ 54,035.5 to S$ 29,400.