KIA Optima Depreciation

A KIA Optima will depreciate 49% after 5 years and have a 5 year resale value of $14,436.

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 $28,355 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 Optima.

KIA Optima Depreciation Calculator

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KIA Optima Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,885 61.61% $17,470 12,000 2022
2 $12,578 55.64% $15,777 24,000 2023
3 $12,760 55.00% $15,595 36,000 2024
4 $13,273 53.19% $15,082 48,000 2025
5 $13,919 50.91% $14,436 60,000 2026
6 $16,080 43.29% $12,275 72,000 2027
7 $17,104 39.68% $11,251 84,000 2028
8 $17,489 38.32% $10,866 96,000 2029
9 $19,145 32.48% $9,210 108,000 2030
10 $20,441 27.91% $7,914 120,000 2031

KIA Optima Depreciation

Years Old Depreciation Residual Value Resale Value
1 $10,885 61.61% $17,470
2 $12,578 55.64% $15,777
3 $12,760 55.00% $15,595
4 $13,273 53.19% $15,082
5 $13,919 50.91% $14,436
6 $16,080 43.29% $12,275
7 $17,104 39.68% $11,251
8 $17,489 38.32% $10,866
9 $19,145 32.48% $9,210
10 $20,441 27.91% $7,914

Buying a KIA Optima New vs Used

If you purchase a used KIA Optima that is 2 years old, then you could save $12,578 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 $1,341. 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.

What About KIA Optima Insurance Costs?

The average cost to insure a KIA Optima is about $1,634 per year. This adds up to around $8,170 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 Optima. 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 Optima

The 2020 KIA Optima is our top pick for the best model year value for the Optima. With the 2020, you would only pay, on average, 62% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $28,355 $28,355 $209 $0 0% 100%
2020 $27,905 $17,436 $243 $10,919 38.51% 61.61% Best
2019 $27,005 $15,324 $298 $2,112 12.11% 55.64% Better
2018 $26,201 $14,411 $384 $913 5.96% 55% Better
2017 $26,250 $14,419 $457 +$8 -0.06% 53.19% Good
2016 $26,253 $13,936 $570 $483 3.35% 50.91% Good
2015 $25,844 $11,987 $800 $1,949 13.99% 43.29%
2014 $25,586 $11,044 $892 $943 7.87% 39.68%
2013 $23,398 $9,943 $977 $1,101 9.97% 38.32%
2012 $22,464 $8,401 $1,104 $1,542 15.51% 32.48%
2011 $22,315 $7,348 $1,120 $1,053 12.53% 27.91%
2010 $19,933 $4,392 $1,255 $2,956 40.23% 15.74%
2009 $19,188 $3,994 $1,452 $398 9.06% 13.25%
Year Price % Paid Value Rank
2021 $28,355 100%
2020 $17,436 61.61% Best
2019 $15,324 55.64% Better
2018 $14,411 55% Better
2017 $14,419 53.19% Good
2016 $13,936 50.91% Good
2015 $11,987 43.29%
2014 $11,044 39.68%
2013 $9,943 38.32%
2012 $8,401 32.48%
2011 $7,348 27.91%
2010 $4,392 15.74%
2009 $3,994 13.25%

KIA Optima Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other KIA Optima 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 Optima 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: