KIA Optima Depreciation

A KIA Optima will depreciate 52% after 5 years and have a 5 year resale value of $13,503.

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 $9,434 66.73% $18,921 12,000 2022
2 $11,294 60.17% $17,061 24,000 2023
3 $12,573 55.66% $15,782 36,000 2024
4 $13,757 51.48% $14,598 48,000 2025
5 $14,852 47.62% $13,503 60,000 2026
6 $16,199 42.87% $12,156 72,000 2027
7 $17,138 39.56% $11,217 84,000 2028
8 $17,433 38.52% $10,922 96,000 2029
9 $18,445 34.95% $9,910 108,000 2030
10 $19,304 31.92% $9,051 120,000 2031

KIA Optima Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,434 66.73% $18,921
2 $11,294 60.17% $17,061
3 $12,573 55.66% $15,782
4 $13,757 51.48% $14,598
5 $14,852 47.62% $13,503
6 $16,199 42.87% $12,156
7 $17,138 39.56% $11,217
8 $17,433 38.52% $10,922
9 $18,445 34.95% $9,910
10 $19,304 31.92% $9,051

Buying a KIA Optima New vs Used

If you purchase a used KIA Optima that is 2 years old, then you could save $11,294 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 $3,558. 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 $1,563 per year. This adds up to around $7,815 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, 67% 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 $214 $0 0% 100%
2020 $27,905 $18,867 $246 $9,488 33.46% 66.73% Best
2019 $27,005 $16,553 $305 $2,314 12.26% 60.17% Better
2018 $26,201 $16,228 $395 $325 1.96% 60.43% Better
2017 $26,250 $15,664 $454 $564 3.48% 57.94% Good
2016 $26,253 $14,387 $574 $1,277 8.15% 52.61%
2015 $25,844 $11,873 $793 $2,514 17.47% 42.87% Good
2014 $25,586 $11,020 $897 $853 7.18% 39.56%
2013 $23,398 $9,980 $966 $1,040 9.44% 38.52%
2012 $22,464 $8,955 $1,103 $1,025 10.27% 34.95%
2011 $22,315 $8,257 $1,133 $698 7.79% 31.92%
2010 $19,933 $5,434 $1,298 $2,823 34.19% 20.75%
2009 $19,188 $5,287 $1,531 $147 2.71% 19.57%
Year Price % Paid Value Rank
2021 $28,355 100%
2020 $18,867 66.73% Best
2019 $16,553 60.17% Better
2018 $16,228 60.43% Better
2017 $15,664 57.94% Good
2016 $14,387 52.61%
2015 $11,873 42.87% Good
2014 $11,020 39.56%
2013 $9,980 38.52%
2012 $8,955 34.95%
2011 $8,257 31.92%
2010 $5,434 20.75%
2009 $5,287 19.57%

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: