KIA Forte Depreciation

A KIA Forte will depreciate 21% after 5 years and have a 5 year resale value of $20,635.

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 $26,120 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 $2,131 91.84% $23,989 12,000 2022
2 $3,955 84.86% $22,165 24,000 2023
3 $4,440 83.00% $21,680 36,000 2024
4 $4,963 81.00% $21,157 48,000 2025
5 $5,485 79.00% $20,635 60,000 2026
6 $5,927 77.31% $20,193 72,000 2027
7 $8,283 68.29% $17,837 84,000 2028
8 $10,539 59.65% $15,581 96,000 2029
9 $14,136 45.88% $11,984 108,000 2030
10 $14,494 44.51% $11,626 120,000 2031

KIA Forte Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,131 91.84% $23,989
2 $3,955 84.86% $22,165
3 $4,440 83.00% $21,680
4 $4,963 81.00% $21,157
5 $5,485 79.00% $20,635
6 $5,927 77.31% $20,193
7 $8,283 68.29% $17,837
8 $10,539 59.65% $15,581
9 $14,136 45.88% $11,984
10 $14,494 44.51% $11,626

Buying a KIA Forte New vs Used

If you purchase a used KIA Forte that is 2 years old, then you could save $3,955 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 $1,530. 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 $1,741 per year. This adds up to around $8,705 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 2021 KIA Forte is our top pick for the best model year value for the Forte. With the 2021, you would only pay, on average, 92% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2019 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
2022 $26,120 $26,120 $205 $0 0% 100%
2021 $25,917 $24,040 $239 $2,080 7.96% 91.84% Best
2020 $23,006 $19,815 $293 $4,225 17.57% 84.86% Better
2019 $19,587 $16,257 $380 $3,558 17.96% 83% Better
2018 $18,261 $14,791 $452 $1,466 9.02% 81% Good
2017 $18,073 $14,278 $566 $513 3.47% 79%
2016 $17,665 $14,452 $796 +$174 -1.22% 77.31%
2015 $17,325 $12,720 $888 $1,732 11.98% 68.29%
2014 $17,382 $11,342 $973 $1,378 10.83% 59.65%
2013 $17,045 $8,920 $1,099 $2,422 21.35% 45.88% Good
2012 $16,848 $8,614 $1,115 $306 3.43% 44.51%
2011 $16,648 $7,758 $1,251 $856 9.94% 39.09%
2010 $15,808 $6,837 $1,447 $921 11.87% 34.1%
Year Price % Paid Value Rank
2022 $26,120 100%
2021 $24,040 91.84% Best
2020 $19,815 84.86% Better
2019 $16,257 83% Better
2018 $14,791 81% Good
2017 $14,278 79%
2016 $14,452 77.31%
2015 $12,720 68.29%
2014 $11,342 59.65%
2013 $8,920 45.88% Good
2012 $8,614 44.51%
2011 $7,758 39.09%
2010 $6,837 34.1%

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: