KIA Sportage Depreciation

A KIA Sportage will depreciate 55% after 5 years and have a 5 year resale value of $13,770.

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 $30,750 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 Sportage.

KIA Sportage Depreciation Calculator

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KIA Sportage Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,167 70.19% $21,583 12,000 2022
2 $9,788 68.17% $20,962 24,000 2023
3 $10,643 65.39% $20,107 36,000 2024
4 $13,161 57.20% $17,589 48,000 2025
5 $16,980 44.78% $13,770 60,000 2026
6 $17,441 43.28% $13,309 72,000 2027
7 $17,835 42.00% $12,915 84,000 2028
8 $18,804 38.85% $11,946 96,000 2029
9 $20,264 34.10% $10,486 108,000 2030
10 $21,457 30.22% $9,293 120,000 2031

KIA Sportage Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,167 70.19% $21,583
2 $9,788 68.17% $20,962
3 $10,643 65.39% $20,107
4 $13,161 57.20% $17,589
5 $16,980 44.78% $13,770
6 $17,441 43.28% $13,309
7 $17,835 42.00% $12,915
8 $18,804 38.85% $11,946
9 $20,264 34.10% $10,486
10 $21,457 30.22% $9,293

Buying a KIA Sportage New vs Used

If you purchase a used KIA Sportage that is 2 years old, then you could save $9,788 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 $7,192. 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 Sportage models become available.

What About KIA Sportage Insurance Costs?

The average cost to insure a KIA Sportage is about $1,416 per year. This adds up to around $7,080 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 Sportage. 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 Sportage

The 2020 KIA Sportage is our top pick for the best model year value for the Sportage. With the 2020, you would only pay, on average, 70% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2016 model years are also attractive years for the Sportage, and provide a relatively good value. Our rankings consider multiple factors, including the Sportage'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 Sportage models.

Kia Sportage Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $30,750 $30,750 $268 $0 0% 100%
2020 $29,825 $21,249 $314 $9,501 30.9% 70.19% Best
2019 $27,976 $19,457 $387 $1,792 8.43% 68.17% Better
2018 $26,340 $17,728 $505 $1,729 8.89% 65.39% Good
2017 $26,920 $16,000 $602 $1,728 9.75% 57.2% Good
2016 $26,131 $12,457 $756 $3,543 22.14% 44.78% Better
2015 $25,030 $11,900 $1,067 $557 4.47% 43.28%
2014 $24,308 $10,209 $1,191 $1,691 14.21% 42%
2013 $23,112 $11,037 $1,306 +$828 -8.11% 42.1%
2012 $22,883 $9,279 $1,477 $1,758 15.93% 34.1%
2011 $22,248 $8,222 $1,499 $1,057 11.39% 30.22%
2010 $19,803 $5,814 $1,682 $2,408 29.29% 20.87%
2009 $19,461 $5,867 $1,948 +$53 -0.91% 20.14%
Year Price % Paid Value Rank
2021 $30,750 100%
2020 $21,249 70.19% Best
2019 $19,457 68.17% Better
2018 $17,728 65.39% Good
2017 $16,000 57.2% Good
2016 $12,457 44.78% Better
2015 $11,900 43.28%
2014 $10,209 42%
2013 $11,037 42.1%
2012 $9,279 34.1%
2011 $8,222 30.22%
2010 $5,814 20.87%
2009 $5,867 20.14%

KIA Sportage Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other KIA Sportage 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 Sportage 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: