KIA K5 Depreciation

A KIA K5 will depreciate 50% after 5 years and have a 5 year resale value of $14,640.

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 $29,060 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 K5.

KIA K5 Depreciation Calculator

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KIA K5 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,779 69.79% $20,281 12,000 2022
2 $10,151 65.07% $18,909 24,000 2023
3 $11,040 62.01% $18,020 36,000 2024
4 $12,673 56.39% $16,387 48,000 2025
5 $14,420 50.38% $14,640 60,000 2026
6 $16,832 42.08% $12,228 72,000 2027
7 $18,218 37.31% $10,842 84,000 2028
8 $19,383 33.30% $9,677 96,000 2029
9 $19,979 31.25% $9,081 108,000 2030
10 $21,106 27.37% $7,954 120,000 2031

KIA K5 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,779 69.79% $20,281
2 $10,151 65.07% $18,909
3 $11,040 62.01% $18,020
4 $12,673 56.39% $16,387
5 $14,420 50.38% $14,640
6 $16,832 42.08% $12,228
7 $18,218 37.31% $10,842
8 $19,383 33.30% $9,677
9 $19,979 31.25% $9,081
10 $21,106 27.37% $7,954

Buying a KIA K5 New vs Used

If you purchase a used KIA K5 that is 2 years old, then you could save $10,151 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 $4,269. 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 K5 models become available.

What About KIA K5 Insurance Costs?

The average cost to insure a KIA K5 is about $1,471 per year. This adds up to around $7,355 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 K5. 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

KIA K5 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the KIA K5 ranks for Depreciation compared to other vehicles. Also check out how the K5 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other KIA K5 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 K5 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: