KIA Rio 5 Depreciation

A KIA Rio 5 will depreciate 28% after 5 years and have a 5 year resale value of $14,345.

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 $19,998 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 Rio 5.

KIA Rio 5 Depreciation Calculator

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KIA Rio 5 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $328 98.36% $19,670 12,000 2022
2 $2,036 89.82% $17,962 24,000 2023
3 $2,648 86.76% $17,350 36,000 2024
4 $3,850 80.75% $16,148 48,000 2025
5 $5,653 71.73% $14,345 60,000 2026
6 $6,589 67.05% $13,409 72,000 2027
7 $7,917 60.41% $12,081 84,000 2028
8 $9,381 53.09% $10,617 96,000 2029
9 $10,655 46.72% $9,343 108,000 2030
10 $11,487 42.56% $8,511 120,000 2031

KIA Rio 5 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $328 98.36% $19,670
2 $2,036 89.82% $17,962
3 $2,648 86.76% $17,350
4 $3,850 80.75% $16,148
5 $5,653 71.73% $14,345
6 $6,589 67.05% $13,409
7 $7,917 60.41% $12,081
8 $9,381 53.09% $10,617
9 $10,655 46.72% $9,343
10 $11,487 42.56% $8,511

Buying a KIA Rio 5 New vs Used

If you purchase a used KIA Rio 5 that is 2 years old, then you could save $2,036 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 $3,617. 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 Rio 5 models become available.

What About KIA Rio 5 Insurance Costs?

The average cost to insure a KIA Rio 5 is about $1,437 per year. This adds up to around $7,185 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 Rio 5. 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 Rio 5 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the KIA Rio 5 ranks for Depreciation compared to other vehicles. Also check out how the Rio 5 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other KIA Rio 5 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 Rio 5 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: