KIA Sportage Depreciation
A KIA Sportage will depreciate 52% after 5 years and have a 5 year resale value of $14,343.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $29,825 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
Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
---|---|---|---|---|---|
1 | $7,352 | 75.35% | $22,473 | 13,500 | 2021 |
2 | $8,721 | 70.76% | $21,104 | 27,000 | 2022 |
3 | $10,931 | 63.35% | $18,894 | 40,500 | 2023 |
4 | $14,620 | 50.98% | $15,205 | 54,000 | 2024 |
5 | $15,482 | 48.09% | $14,343 | 67,500 | 2025 |
6 | $16,475 | 44.76% | $13,350 | 81,000 | 2026 |
7 | $17,185 | 42.38% | $12,640 | 94,500 | 2027 |
8 | $18,888 | 36.67% | $10,937 | 108,000 | 2028 |
9 | $19,857 | 33.42% | $9,968 | 121,500 | 2029 |
10 | $21,584 | 27.63% | $8,241 | 135,000 | 2030 |
KIA Sportage Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $7,352 | 75.35% | $22,473 |
2 | $8,721 | 70.76% | $21,104 |
3 | $10,931 | 63.35% | $18,894 |
4 | $14,620 | 50.98% | $15,205 |
5 | $15,482 | 48.09% | $14,343 |
6 | $16,475 | 44.76% | $13,350 |
7 | $17,185 | 42.38% | $12,640 |
8 | $18,888 | 36.67% | $10,937 |
9 | $19,857 | 33.42% | $9,968 |
10 | $21,584 | 27.63% | $8,241 |
If you purchase a used KIA Sportage that is 2 years old, then you could save $8,721 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 $6,761. 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.
The Best Model Years to Buy a KIA Sportage
The 2019 KIA Sportage is our top pick for the best model year value for the Sportage. With the 2019, you would only pay, on average, 75% of the price as new, with 92% of the vehicle's useful life remaining. The 2016 and 2018 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 |
---|---|---|---|---|---|---|---|
2020 | $29,825 | $29,825 | $274 | $0 | 0% | 100% | |
2019 | $27,976 | $21,397 | $317 | $8,428 | 28.26% | 75.35% | Best |
2018 | $26,340 | $19,035 | $398 | $2,362 | 11.04% | 70.76% | Better |
2017 | $26,920 | $17,576 | $521 | $1,459 | 7.66% | 63.35% | Good |
2016 | $26,131 | $13,924 | $602 | $3,652 | 20.78% | 50.98% | Better |
2015 | $25,030 | $12,801 | $765 | $1,123 | 8.07% | 48.09% | Good |
2014 | $24,308 | $11,944 | $1,064 | $857 | 6.69% | 44.76% | |
2013 | $23,112 | $11,000 | $1,205 | $944 | 7.9% | 42.38% | |
2012 | $22,883 | $9,691 | $1,299 | $1,309 | 11.9% | 36.67% | |
2011 | $22,248 | $8,921 | $1,486 | $770 | 7.95% | 33.42% | |
2010 | $19,803 | $6,998 | $1,527 | $1,923 | 21.56% | 27.63% | |
2009 | $19,461 | $6,154 | $1,752 | $844 | 12.06% | 22.62% | |
2008 | $18,897 | $5,390 | $2,070 | $764 | 12.41% | 17.57% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2020 | $29,825 | 100% | |
2019 | $21,397 | 75.35% | Best |
2018 | $19,035 | 70.76% | Better |
2017 | $17,576 | 63.35% | Good |
2016 | $13,924 | 50.98% | Better |
2015 | $12,801 | 48.09% | Good |
2014 | $11,944 | 44.76% | |
2013 | $11,000 | 42.38% | |
2012 | $9,691 | 36.67% | |
2011 | $8,921 | 33.42% | |
2010 | $6,998 | 27.63% | |
2009 | $6,154 | 22.62% | |
2008 | $5,390 | 17.57% |
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: