KIA Sorento Depreciation

A KIA Sorento will depreciate 40% after 5 years and have a 5 year resale value of $24,281.

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 $40,293 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 $3,034 92.47% $37,259 12,000 2022
2 $7,970 80.22% $32,323 24,000 2023
3 $8,864 78.00% $31,429 36,000 2024
4 $11,089 72.48% $29,204 48,000 2025
5 $16,012 60.26% $24,281 60,000 2026
6 $18,958 52.95% $21,335 72,000 2027
7 $21,984 45.44% $18,309 84,000 2028
8 $22,943 43.06% $17,350 96,000 2029
9 $23,628 41.36% $16,665 108,000 2030
10 $25,244 37.35% $15,049 120,000 2031

KIA Sorento Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,034 92.47% $37,259
2 $7,970 80.22% $32,323
3 $8,864 78.00% $31,429
4 $11,089 72.48% $29,204
5 $16,012 60.26% $24,281
6 $18,958 52.95% $21,335
7 $21,984 45.44% $18,309
8 $22,943 43.06% $17,350
9 $23,628 41.36% $16,665
10 $25,244 37.35% $15,049

Buying a KIA Sorento New vs Used

If you purchase a used KIA Sorento that is 2 years old, then you could save $7,970 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 $8,042. 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 $1,449 per year. This adds up to around $7,245 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

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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, 80% of the price as new, with 83% of the vehicle's useful life remaining. The 2021 and 2017 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
2022 $40,293 $40,293 $287 $0 0% 100%
2021 $40,200 $37,505 $333 $2,788 6.92% 92.47% Better
2020 $34,414 $28,012 $406 $9,493 25.31% 80.22% Best
2019 $33,743 $26,320 $524 $1,692 6.04% 78%
2018 $33,193 $24,678 $621 $1,642 6.24% 72.48%
2017 $33,927 $21,220 $775 $3,458 14.01% 60.26% Better
2016 $33,328 $18,733 $1,086 $2,487 11.72% 52.95% Good
2015 $32,177 $15,831 $1,210 $2,902 15.49% 45.44% Good
2014 $31,302 $14,803 $1,325 $1,028 6.49% 43.06%
2013 $27,570 $12,898 $1,496 $1,905 12.87% 41.36%
2012 $27,338 $11,729 $1,518 $1,169 9.06% 37.35%
2011 $26,947 $9,906 $1,701 $1,823 15.54% 30.45%
Year Price % Paid Value Rank
2022 $40,293 100%
2021 $37,505 92.47% Better
2020 $28,012 80.22% Best
2019 $26,320 78%
2018 $24,678 72.48%
2017 $21,220 60.26% Better
2016 $18,733 52.95% Good
2015 $15,831 45.44% Good
2014 $14,803 43.06%
2013 $12,898 41.36%
2012 $11,729 37.35%
2011 $9,906 30.45%

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: