KIA Rio Depreciation

A KIA Rio will depreciate 49% after 5 years and have a 5 year resale value of $9,495.

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 $18,618 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.

KIA Rio Depreciation Calculator

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KIA Rio Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,129 72.45% $13,489 12,000 2022
2 $5,585 70.00% $13,033 24,000 2023
3 $6,094 67.27% $12,524 36,000 2024
4 $8,873 52.34% $9,745 48,000 2025
5 $9,123 51.00% $9,495 60,000 2026
6 $11,001 40.91% $7,617 72,000 2027
7 $12,357 33.63% $6,261 84,000 2028
8 $12,489 32.92% $6,129 96,000 2029
9 $12,660 32.00% $5,958 108,000 2030
10 $13,113 29.57% $5,505 120,000 2031

KIA Rio Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,129 72.45% $13,489
2 $5,585 70.00% $13,033
3 $6,094 67.27% $12,524
4 $8,873 52.34% $9,745
5 $9,123 51.00% $9,495
6 $11,001 40.91% $7,617
7 $12,357 33.63% $6,261
8 $12,489 32.92% $6,129
9 $12,660 32.00% $5,958
10 $13,113 29.57% $5,505

Buying a KIA Rio New vs Used

If you purchase a used KIA Rio that is 2 years old, then you could save $5,585 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 $3,538. 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 models become available.

What About KIA Rio Insurance Costs?

The average cost to insure a KIA Rio is about $1,568 per year. This adds up to around $7,840 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. 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 Rio

The 2020 KIA Rio is our top pick for the best model year value for the Rio. With the 2020, you would only pay, on average, 72% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2019 model years are also attractive years for the Rio, and provide a relatively good value. Our rankings consider multiple factors, including the Rio'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 Rio models.

Kia Rio Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $18,618 $18,618 $190 $0 0% 100%
2020 $18,053 $13,304 $224 $5,314 28.54% 72.45% Best
2019 $16,923 $11,846 $278 $1,458 10.96% 70% Better
2018 $15,896 $11,058 $365 $788 6.65% 67.27%
2017 $15,696 $8,652 $437 $2,406 21.76% 52.34% Better
2016 $15,193 $7,748 $551 $904 10.45% 51%
2015 $15,841 $7,261 $781 $487 6.29% 40.91% Good
2014 $15,729 $6,162 $873 $1,099 15.14% 33.63% Good
2013 $15,478 $6,054 $958 $108 1.75% 32.92%
2012 $15,282 $4,890 $1,084 $1,164 19.23% 32%
2011 $13,035 $4,954 $1,100 +$64 -1.31% 29.57%
2010 $13,793 $3,732 $1,236 $1,222 24.67% 18.1%
2009 $13,005 $2,341 $1,432 $1,391 37.27% 18%
Year Price % Paid Value Rank
2021 $18,618 100%
2020 $13,304 72.45% Best
2019 $11,846 70% Better
2018 $11,058 67.27%
2017 $8,652 52.34% Better
2016 $7,748 51%
2015 $7,261 40.91% Good
2014 $6,162 33.63% Good
2013 $6,054 32.92%
2012 $4,890 32%
2011 $4,954 29.57%
2010 $3,732 18.1%
2009 $2,341 18%

KIA Rio Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other KIA Rio 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 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: