KIA Optima Depreciation

A KIA Optima will depreciate 18% after 5 years and have a 5 year resale value of $20,066.

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 $24,500 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 $1,534 93.74% $22,966 12,000 2022
2 $3,109 87.31% $21,391 24,000 2023
3 $3,552 85.50% $20,948 36,000 2024
4 $4,042 83.50% $20,458 48,000 2025
5 $4,434 81.90% $20,066 60,000 2026
6 $5,493 77.58% $19,007 72,000 2027
7 $8,043 67.17% $16,457 84,000 2028
8 $10,052 58.97% $14,448 96,000 2029
9 $12,392 49.42% $12,108 108,000 2030
10 $13,615 44.43% $10,885 120,000 2031

KIA Optima Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,534 93.74% $22,966
2 $3,109 87.31% $21,391
3 $3,552 85.50% $20,948
4 $4,042 83.50% $20,458
5 $4,434 81.90% $20,066
6 $5,493 77.58% $19,007
7 $8,043 67.17% $16,457
8 $10,052 58.97% $14,448
9 $12,392 49.42% $12,108
10 $13,615 44.43% $10,885

Buying a KIA Optima New vs Used

If you purchase a used KIA Optima that is 2 years old, then you could save $3,109 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 $1,325. 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 $1,784 per year. This adds up to around $8,920 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

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: