KIA Sorento Depreciation

A KIA Sorento will depreciate 55% after 5 years and have a 5 year resale value of $15,627.

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 $34,750 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 Sorento.

KIA Sorento Depreciation Calculator

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KIA Sorento Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $12,110 65.15% $22,640 12,000 2022
2 $13,351 61.58% $21,399 24,000 2023
3 $14,095 59.44% $20,655 36,000 2024
4 $16,499 52.52% $18,251 48,000 2025
5 $19,123 44.97% $15,627 60,000 2026
6 $22,560 35.08% $12,190 72,000 2027
7 $24,203 30.35% $10,547 84,000 2028
8 $24,672 29.00% $10,078 96,000 2029
9 $25,392 26.93% $9,358 108,000 2030
10 $27,338 21.33% $7,412 120,000 2031

KIA Sorento Depreciation

Years Old Depreciation Residual Value Resale Value
1 $12,110 65.15% $22,640
2 $13,351 61.58% $21,399
3 $14,095 59.44% $20,655
4 $16,499 52.52% $18,251
5 $19,123 44.97% $15,627
6 $22,560 35.08% $12,190
7 $24,203 30.35% $10,547
8 $24,672 29.00% $10,078
9 $25,392 26.93% $9,358
10 $27,338 21.33% $7,412

Buying a KIA Sorento New vs Used

If you purchase a used KIA Sorento that is 2 years old, then you could save $13,351 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 $5,772. 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 Sorento models become available.

What About KIA Sorento Insurance Costs?

The average cost to insure a KIA Sorento is about $1,421 per year. This adds up to around $7,105 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 Sorento. 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 Sorento

The 2020 KIA Sorento is our top pick for the best model year value for the Sorento. With the 2020, you would only pay, on average, 65% 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 Sorento, and provide a relatively good value. Our rankings consider multiple factors, including the Sorento'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 Sorento models.

Kia Sorento Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $34,750 $34,750 $276 $0 0% 100%
2020 $34,414 $22,743 $322 $12,007 34.55% 65.15% Best
2019 $33,743 $21,175 $395 $1,568 6.89% 61.58% Better
2018 $33,193 $20,242 $513 $933 4.41% 59.44% Better
2017 $33,927 $18,428 $610 $1,814 8.96% 52.52% Good
2016 $33,328 $15,750 $764 $2,678 14.53% 44.97%
2015 $32,177 $12,363 $1,075 $3,387 21.5% 35.08% Good
2014 $31,302 $10,700 $1,199 $1,663 13.45% 30.35%
2013 $27,570 $7,995 $1,314 $2,705 25.28% 29%
2012 $27,338 $8,848 $1,485 +$853 -10.67% 26.93%
2011 $26,947 $7,255 $1,507 $1,593 18% 21.33%
2009 $23,668 $6,345 $1,956 $910 12.54% 18.54%
Year Price % Paid Value Rank
2021 $34,750 100%
2020 $22,743 65.15% Best
2019 $21,175 61.58% Better
2018 $20,242 59.44% Better
2017 $18,428 52.52% Good
2016 $15,750 44.97%
2015 $12,363 35.08% Good
2014 $10,700 30.35%
2013 $7,995 29%
2012 $8,848 26.93%
2011 $7,255 21.33%
2009 $6,345 18.54%

KIA Sorento Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other KIA Sorento 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 Sorento 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: