KIA Forte Depreciation

A KIA Forte will depreciate 51% after 5 years and have a 5 year resale value of $10,786.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $21,914 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 KIA Forte.

KIA Forte Depreciation Calculator

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KIA Forte Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,411 75.31% $16,503 12,000 2022
2 $6,668 69.57% $15,246 24,000 2023
3 $7,944 63.75% $13,970 36,000 2024
4 $7,970 63.63% $13,944 48,000 2025
5 $11,128 49.22% $10,786 60,000 2026
6 $12,701 42.04% $9,213 72,000 2027
7 $13,449 38.63% $8,465 84,000 2028
8 $15,633 28.66% $6,281 96,000 2029
9 $16,104 26.51% $5,810 108,000 2030
10 $16,517 24.63% $5,397 120,000 2031

KIA Forte Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,411 75.31% $16,503
2 $6,668 69.57% $15,246
3 $7,944 63.75% $13,970
4 $7,970 63.63% $13,944
5 $11,128 49.22% $10,786
6 $12,701 42.04% $9,213
7 $13,449 38.63% $8,465
8 $15,633 28.66% $6,281
9 $16,104 26.51% $5,810
10 $16,517 24.63% $5,397

Buying a KIA Forte New vs Used

If you purchase a used KIA Forte that is 2 years old, then you could save $6,668 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 $4,460. 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 Forte models become available.

What About KIA Forte Insurance Costs?

The average cost to insure a KIA Forte is about $1,594 per year. This adds up to around $7,970 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a KIA Forte. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a KIA Forte

The 2020 KIA Forte is our top pick for the best model year value for the Forte. With the 2020, you would only pay, on average, 75% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 model years are also attractive years for the Forte, and provide a relatively good value. Our rankings consider multiple factors, including the Forte's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the KIA Forte models.

Kia Forte Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $21,914 $21,914 $196 $0 0% 100%
2020 $21,138 $16,149 $230 $5,765 26.31% 75.31% Best
2019 $19,587 $13,912 $285 $2,237 13.85% 69.57% Better
2018 $18,261 $12,013 $371 $1,899 13.65% 63.75% Better
2017 $18,073 $11,943 $444 $70 0.58% 63.63%
2016 $17,665 $9,251 $557 $2,692 22.54% 49.22% Good
2015 $17,325 $8,072 $788 $1,179 12.74% 42.04% Good
2014 $17,382 $7,593 $879 $479 5.93% 38.63%
2013 $17,045 $5,849 $964 $1,744 22.97% 28.66%
2012 $16,848 $6,022 $1,091 +$173 -2.96% 29.27%
2011 $16,648 $5,208 $1,107 $814 13.52% 24.63%
2010 $15,808 $4,757 $1,242 $451 8.66% 22.24%
Year Price % Paid Value Rank
2021 $21,914 100%
2020 $16,149 75.31% Best
2019 $13,912 69.57% Better
2018 $12,013 63.75% Better
2017 $11,943 63.63%
2016 $9,251 49.22% Good
2015 $8,072 42.04% Good
2014 $7,593 38.63%
2013 $5,849 28.66%
2012 $6,022 29.27%
2011 $5,208 24.63%
2010 $4,757 22.24%

KIA Forte Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the KIA Forte ranks for Depreciation compared to other vehicles. Also check out how the Forte stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other KIA Forte Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major KIA Forte 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: