KIA Niro Depreciation

A KIA Niro will depreciate 49% after 5 years and have a 5 year resale value of $15,667.

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 $30,551 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,559 78.53% $23,992 13,500 2021
2 $8,579 71.92% $21,972 27,000 2022
3 $10,244 66.47% $20,307 40,500 2023
4 $12,734 58.32% $17,817 54,000 2024
5 $14,884 51.28% $15,667 67,500 2025
6 $16,821 44.94% $13,730 81,000 2026
7 $18,441 39.64% $12,110 94,500 2027
8 $19,818 35.13% $10,733 108,000 2028
9 $20,793 31.94% $9,758 121,500 2029
10 $21,703 28.96% $8,848 135,000 2030

KIA Niro Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,559 78.53% $23,992
2 $8,579 71.92% $21,972
3 $10,244 66.47% $20,307
4 $12,734 58.32% $17,817
5 $14,884 51.28% $15,667
6 $16,821 44.94% $13,730
7 $18,441 39.64% $12,110
8 $19,818 35.13% $10,733
9 $20,793 31.94% $9,758
10 $21,703 28.96% $8,848

KIA Niro Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used KIA Niro that is 2 years old, then you could save $8,579 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 $6,305. 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: