KIA Niro Depreciation

A KIA Niro will depreciate 52% after 5 years and have a 5 year resale value of $14,814.

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 $31,070 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 Niro.

KIA Niro Depreciation Calculator

Current Vehicle Age
Current Price
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Annual Miles

KIA Niro Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,225 70.31% $21,845 12,000 2022
2 $10,635 65.77% $20,435 24,000 2023
3 $11,052 64.43% $20,018 36,000 2024
4 $13,202 57.51% $17,868 48,000 2025
5 $16,256 47.68% $14,814 60,000 2026
6 $17,871 42.48% $13,199 72,000 2027
7 $18,887 39.21% $12,183 84,000 2028
8 $19,419 37.50% $11,651 96,000 2029
9 $21,084 32.14% $9,986 108,000 2030
10 $22,066 28.98% $9,004 120,000 2031

KIA Niro Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,225 70.31% $21,845
2 $10,635 65.77% $20,435
3 $11,052 64.43% $20,018
4 $13,202 57.51% $17,868
5 $16,256 47.68% $14,814
6 $17,871 42.48% $13,199
7 $18,887 39.21% $12,183
8 $19,419 37.50% $11,651
9 $21,084 32.14% $9,986
10 $22,066 28.98% $9,004

Buying a KIA Niro New vs Used

If you purchase a used KIA Niro that is 2 years old, then you could save $10,635 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 $5,621. 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 Niro models become available.

Other KIA Niro 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 Niro 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: