Hyundai Kona EV Depreciation

A Hyundai Kona EV will depreciate 49% after 5 years and have a 5 year resale value of $21,930.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $42,766 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Hyundai Kona EV.

Hyundai Kona EV Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,182 78.53% $33,584 13,500 2021
2 $12,009 71.92% $30,757 27,000 2022
3 $14,339 66.47% $28,427 40,500 2023
4 $17,825 58.32% $24,941 54,000 2024
5 $20,836 51.28% $21,930 67,500 2025
6 $23,547 44.94% $19,219 81,000 2026
7 $25,814 39.64% $16,952 94,500 2027
8 $27,742 35.13% $15,024 108,000 2028
9 $29,107 31.94% $13,659 121,500 2029
10 $30,381 28.96% $12,385 135,000 2030

Hyundai Kona EV Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,182 78.53% $33,584
2 $12,009 71.92% $30,757
3 $14,339 66.47% $28,427
4 $17,825 58.32% $24,941
5 $20,836 51.28% $21,930
6 $23,547 44.94% $19,219
7 $25,814 39.64% $16,952
8 $27,742 35.13% $15,024
9 $29,107 31.94% $13,659
10 $30,381 28.96% $12,385

Hyundai Kona EV Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Hyundai Kona EV that is 2 years old, then you could save $12,009 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $8,827. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Kona EV models become available.

Other Hyundai Kona EV Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Hyundai Kona EV costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: