KIA Soul Depreciation

A KIA Soul will depreciate 21% after 5 years and have a 5 year resale value of $19,673.

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 $24,903 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 Soul.

KIA Soul Depreciation Calculator

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KIA Soul Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,302 86.74% $21,601 12,000 2022
2 $3,748 84.95% $21,155 24,000 2023
3 $4,234 83.00% $20,669 36,000 2024
4 $4,732 81.00% $20,171 48,000 2025
5 $5,230 79.00% $19,673 60,000 2026
6 $5,728 77.00% $19,175 72,000 2027
7 $6,475 74.00% $18,428 84,000 2028
8 $8,079 67.56% $16,824 96,000 2029
9 $10,215 58.98% $14,688 108,000 2030
10 $12,511 49.76% $12,392 120,000 2031

KIA Soul Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,302 86.74% $21,601
2 $3,748 84.95% $21,155
3 $4,234 83.00% $20,669
4 $4,732 81.00% $20,171
5 $5,230 79.00% $19,673
6 $5,728 77.00% $19,175
7 $6,475 74.00% $18,428
8 $8,079 67.56% $16,824
9 $10,215 58.98% $14,688
10 $12,511 49.76% $12,392

Buying a KIA Soul New vs Used

If you purchase a used KIA Soul that is 2 years old, then you could save $3,748 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 $1,482. 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 Soul models become available.

What About KIA Soul Insurance Costs?

The average cost to insure a KIA Soul is about $1,784 per year. This adds up to around $8,920 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 Soul. 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 Soul

The 2021 KIA Soul is our top pick for the best model year value for the Soul. With the 2021, you would only pay, on average, 87% 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 Soul, and provide a relatively good value. Our rankings consider multiple factors, including the Soul'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 Soul models.

Kia Soul Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $24,903 $24,903 $233 $0 0% 100%
2021 $24,870 $21,847 $274 $3,056 12.27% 86.74% Best
2020 $23,444 $20,256 $340 $1,591 7.28% 84.95% Better
2019 $20,019 $16,616 $444 $3,640 17.97% 83% Better
2018 $19,149 $15,511 $531 $1,105 6.65% 81% Good
2017 $18,622 $14,711 $668 $800 5.16% 79% Good
2016 $17,294 $13,316 $946 $1,395 9.48% 77%
2015 $17,116 $13,721 $1,056 +$405 -3.04% 74%
2014 $16,944 $12,607 $1,159 $1,114 8.12% 67.56%
2013 $16,205 $10,869 $1,311 $1,738 13.79% 58.98%
2012 $15,964 $9,273 $1,330 $1,596 14.68% 49.76%
2011 $15,225 $8,861 $1,494 $412 4.44% 48.39%
2010 $15,225 $7,919 $1,730 $942 10.63% 40.65%
Year Price % Paid Value Rank
2022 $24,903 100%
2021 $21,847 86.74% Best
2020 $20,256 84.95% Better
2019 $16,616 83% Better
2018 $15,511 81% Good
2017 $14,711 79% Good
2016 $13,316 77%
2015 $13,721 74%
2014 $12,607 67.56%
2013 $10,869 58.98%
2012 $9,273 49.76%
2011 $8,861 48.39%
2010 $7,919 40.65%

KIA Soul Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other KIA Soul 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 Soul 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: