KIA Optima Depreciation

A KIA Optima will depreciate 56% after 5 years and have a 5 year resale value of $12,404.

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, and assumes a purchase price of $27,905 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

KIA Optima Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,868 68.22% $19,037 13,500 2021
2 $11,544 58.63% $16,361 27,000 2022
3 $11,756 57.87% $16,149 40,500 2023
4 $12,446 55.40% $15,459 54,000 2024
5 $15,501 44.45% $12,404 67,500 2025
6 $17,162 38.50% $10,743 81,000 2026
7 $17,575 37.02% $10,330 94,500 2027
8 $18,300 34.42% $9,605 108,000 2028
9 $19,422 30.40% $8,483 121,500 2029
10 $21,665 22.36% $6,240 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $8,868 68.22% $19,037
2 $11,544 58.63% $16,361
3 $11,756 57.87% $16,149
4 $12,446 55.40% $15,459
5 $15,501 44.45% $12,404
6 $17,162 38.50% $10,743
7 $17,575 37.02% $10,330
8 $18,300 34.42% $9,605
9 $19,422 30.40% $8,483
10 $21,665 22.36% $6,240

KIA Optima Depreciation Calculator

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If you purchase a used KIA Optima that is 2 years old, then you could save $11,544 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 $3,957. 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 Optima models become available.

The Best Model Years to Buy a KIA Optima

The 2018 KIA Optima is our top pick for the best model year value for the Optima. With the 2018, you would only pay, on average, 59% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Optima, and provide a relatively good value. Our rankings consider multiple factors, including the Optima'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 Optima models.

Kia Optima Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $27,905 $27,905 $157 $0 0% 100%
2019 $27,005 $18,611 $189 $9,294 33.31% 68.22% Better
2018 $26,201 $15,610 $248 $3,001 16.12% 58.63% Best
2017 $26,250 $15,529 $338 $81 0.52% 57.87% Better
2016 $26,253 $14,940 $397 $589 3.79% 55.4%
2015 $25,844 $12,004 $517 $2,936 19.65% 44.45% Good
2014 $25,586 $10,586 $736 $1,418 11.81% 38.5% Good
2013 $23,398 $9,503 $840 $1,083 10.23% 37.02%
2012 $22,464 $8,641 $909 $862 9.07% 34.42%
2011 $22,315 $7,829 $1,046 $812 9.4% 30.4%
2010 $19,933 $5,534 $1,076 $2,295 29.31% 22.36%
2009 $19,188 $5,292 $1,241 $242 4.37% 21.11%
2008 $18,204 $4,391 $1,474 $901 17.03% 16.02%
Year Price % Paid Value Rank
2020 $27,905 100%
2019 $18,611 68.22% Better
2018 $15,610 58.63% Best
2017 $15,529 57.87% Better
2016 $14,940 55.4%
2015 $12,004 44.45% Good
2014 $10,586 38.5% Good
2013 $9,503 37.02%
2012 $8,641 34.42%
2011 $7,829 30.4%
2010 $5,534 22.36%
2009 $5,292 21.11%
2008 $4,391 16.02%
Our Favorite Kia Optima Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.