KIA Rio Depreciation

A KIA Rio will depreciate 15% after 5 years and have a 5 year resale value of $19,595.

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 $23,105 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 $1,275 94.48% $21,830 12,000 2022
2 $2,364 89.77% $20,741 24,000 2023
3 $2,773 88.00% $20,332 36,000 2024
4 $3,235 86.00% $19,870 48,000 2025
5 $3,510 84.81% $19,595 60,000 2026
6 $5,118 77.85% $17,987 72,000 2027
7 $7,842 66.06% $15,263 84,000 2028
8 $9,637 58.29% $13,468 96,000 2029
9 $10,871 52.95% $12,234 108,000 2030
10 $12,858 44.35% $10,247 120,000 2031

KIA Rio Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,275 94.48% $21,830
2 $2,364 89.77% $20,741
3 $2,773 88.00% $20,332
4 $3,235 86.00% $19,870
5 $3,510 84.81% $19,595
6 $5,118 77.85% $17,987
7 $7,842 66.06% $15,263
8 $9,637 58.29% $13,468
9 $10,871 52.95% $12,234
10 $12,858 44.35% $10,247

Buying a KIA Rio New vs Used

If you purchase a used KIA Rio that is 2 years old, then you could save $2,364 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 $1,146. 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 $1,713 per year. This adds up to around $8,565 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 2021 KIA Rio is our top pick for the best model year value for the Rio. With the 2021, you would only pay, on average, 94% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 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
2022 $23,105 $23,105 $199 $0 0% 100%
2021 $22,916 $21,885 $233 $1,220 5.28% 94.48% Best
2020 $19,766 $18,030 $287 $3,855 17.61% 89.77% Better
2019 $16,923 $14,892 $374 $3,138 17.4% 88% Better
2018 $15,896 $13,671 $446 $1,221 8.2% 86%
2017 $15,696 $13,872 $560 +$201 -1.47% 84.81%
2016 $15,193 $12,618 $790 $1,254 9.04% 77.85%
2015 $15,841 $11,347 $882 $1,271 10.07% 66.06% Good
2014 $15,729 $10,135 $967 $1,212 10.68% 58.29% Good
2013 $15,478 $9,289 $1,093 $846 8.35% 52.95%
2012 $15,282 $7,887 $1,109 $1,402 15.09% 44.35%
2011 $13,035 $5,605 $1,245 $2,282 28.93% 43%
2010 $13,793 $6,424 $1,441 +$819 -14.61% 36.13%
Year Price % Paid Value Rank
2022 $23,105 100%
2021 $21,885 94.48% Best
2020 $18,030 89.77% Better
2019 $14,892 88% Better
2018 $13,671 86%
2017 $13,872 84.81%
2016 $12,618 77.85%
2015 $11,347 66.06% Good
2014 $10,135 58.29% Good
2013 $9,289 52.95%
2012 $7,887 44.35%
2011 $5,605 43%
2010 $6,424 36.13%

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: