We’ll venture the bold assumption that you’ll want to sell your car for as much money as you can. You want to recover as much of the cost of the investment as you can because it was expensive. All cars lose value over time, but some do it more quickly than others.
IntelliChoice calculated the average retained values for a brand’s full model portfolio over a five-year period to find out. These estimates allow us to identify which manufacturers’ vehicles have better depreciation resistance. Let’s talk about the automobile brands that lose value more quickly now that we’ve determined which ones do so the best.
In This Article...
Mini: 50.4 Percent Retained Value
A fairly, well, small percentage of drivers are drawn to Mini automobiles because of its size, which lives up to its name. Models with charming aesthetics and nimble handling, like the retro Cooper, sporty Countryman crossover, or funky Clubman wagon, attract drivers with an eye for fashion and a sense of adventure but, more crucially, who can manage their diminutive dimensions. However, doubts about future worth may put buyers’ first enchantment to rest. The Countryman and Clubman receive a Poor five-year cost of ownership rating from IntelliChoice. Furthermore, we weren’t too impressed by the brand’s recent attempts at electrification. As joyful as Mini’s cars are to look at and drive, the brand’s market position is indicated by its value retention rate of 50.4%.
Mazda: 49.3 Percent Retained Value
Mazda doesn’t compare to other Japanese brands in terms of name recognition, lineup diversity, or value despite producing some of the best-looking and best-driving mainstream cars on the market. Even though the Mazda3 and Miata have sizable fan groups, those and other models may place a greater emphasis on driving characteristics than general utility. The Mazda6 lagged behind rival sedans until it was recently discontinued, while the CX-30 and CX-9 are less adaptable than rival crossovers. Although we usually love driving a Mazda, its value retention rate of 49.3 percent isn’t as high as that of its primary rivals. Possibly the brand’s next, higher-end vehicles will hold their value longer.
Kia: 47.7 Percent Retained Value
Kia has put a lot of effort into keeping up with its rivals in terms of quality, dynamics, and design. Want proof? The Sorento is back and even better than before, the Telluride won our competition for SUV of the Year, and the Optima’s makeover into the K5 gave this sedan new life. However, despite their appeal in other areas, Kia’s automobiles behind with an average value retention rate of 47.7% during a five-year period. Despite its extensive standard warranty and genuinely enticing options, that is the case. Even while we enjoy driving the Telluride and the sporty Stinger, Kia still needs to improve as evidenced by their respective Mediocre and Poor IntelliChoice scores.
Hyundai: 47.1 Percent Retained Value
Hyundai strives to match the reputation for quality and durability of Toyota and Honda, much like its corporate rival Kia. The long-term value proposition of Hyundai doesn’t appear to have been significantly impacted by a lengthy warranty or a group of very regarded experts. Models like the Sonata, Palisade, and Tucson serve as indicators of how far the brand’s products have come. However, Hyundai’s 47.1 retained value % suggests that it needs to do more to earn the trust of customers who value their money.
Volkswagen: 46.9 Percent Retained Value
Volkswagen’s image for quality suffered as a result of the Dieselgate incident, even though the company didn’t have a very strong one to begin with. Volkswagen lacks American and Asian rivals in mass-market appeal, even with more recent models like the Tiguan or Atlas, which only manage Average or Mediocre IntelliChoice value scores depending on trim. A shorter warranty is detrimental to its cause. Volkswagen is planning a number of electric vehicles, which might assist the company’s current 46.9% value retention percentage.
Nissan: 45.6 Percent Retained Value
Nissan has struggled to gain momentum and maintain its competitive position after a high-level organizational restructuring. It is currently working on refreshing its stale lineup. We were impressed by some of those efforts, like the Rogue and Sentra. Others, such as the legendary Z sports vehicle or the Pathfinder, stop at simply spiffing up antiquated platforms and engines. Despite the merits of Nissan’s engineering advancements, only a small percentage of its vehicles receive Good IntelliChoice value scores; the majority are ranked at Average, Mediocre, or Poor in terms of ownership costs. Nissan has a dismal 45.6 percent average value retention over a five-year period.
Buick: 42.3 Percent Retained Value
What does Buick mean today? Buick doesn’t seem to be confident in itself. Due to the brand’s current inventory consisting solely of SUVs, its tradition of opulent vintage sedans has come to an end. All of those models aren’t particularly terrible, but they don’t do much to change the outdated perception of Buick. Additionally, Buick’s uncertain positioning does not help. Does it aim for real luxury to compete with the best in the field, or does it aim for a premium experience at entry-level pricing? We believe Buick requires revival and a more focused course. If and when it occurs, it might improve the lineup’s average value retention, which is 42.3 percent.
Mitsubishi: 41.3 Percent Retained Value
Many of the Mitsubishi vehicles we’ve evaluated are affordable, but not just financially. We’ve encountered subpar engineering and craftsmanship in Mitsubishi cars, which leads to dull driving experiences. The Mirage and Eclipse Cross are among the least expensive options in their respective sectors, which is obvious from their flimsy construction and crude driving characteristics. The previous Outlander’s available electric driving range deserves praise, but the revised three-row SUV falls short of expectations. Mitsubishi’s value retention rate of 41.3% is significantly lower than that of other brands. Every other Mitsubishi has a Mediocre or Poor IntelliChoice ownership rating, leaving just the outdated Outlander Hybrid.
Chrysler: 40.2 Percent Retained Value
Any carmaker would find it challenging to maintain a two-model lineup, especially if those options are designed to compete in some of the least-wanted segments of the market. But Chrysler is going in that direction. Despite having advantages of its own, the 300 sedan and Pacifica minivan just do not appeal to the tastes of contemporary drivers. Only a layer of gradual improvements can hide the 300’s deterioration. Considering that it is a minivan, the Pacifica (and its fleet-only Voyager counterpart) is actually rather decent. Although Chrysler’s future is uncertain, introducing models that are contemporary in design could increase the lineup’s average value retention rate of 40.2%.
Fiat: 39.5 Percent Retained Value
Fiat’s tiny, quirky cars briefly appeared ready to inject some Italian panache into the compact car market. But that period has passed, and it is now clear that Fiats are less attractive than they once were. The 500X subcompact crossover is the only vehicle currently offered by the brand. Its cute design and standard AWD can’t make up for its sloppy driving manners and shoddy construction. Fiat’s abysmal 39.5 percent retention rate is the weakest among major brands because the 500X symbolizes the complete lineup.
Do Kias quickly lose value?
In terms of resale value, Kia, I wouldn’t want to be you. When compared to other well-known automakers, Kia is in the bottom half. The Soul model, which placed in the top 25 of all models for value retention, is the exception for Kia. The Sorento, Sedona, and Cadenza, a trio from Kia that ranks last for overall depreciation by year 5, are what detract from the brand.
Our top choice for the KIA model year that offers the best value is the 2020. With the 2020, you would only pay, on average, 85% of the price as new, and the car would still have 83 % of its usable life.
For the KIA models, the 2019 and 2018 model years are also appealing and offer a fair price. Our rankings take into account a number of variables, such as the original new price, the current price, maintenance expenditures, and the remaining years of anticipated overall spending. With a KIA model, the top-ranked model year offers the best value for the money.
Do Kias have many issues?
bulletins for numerous vehicles that have had engine issues. among the most
Owners and tenants frequently report the following Kia engine issues:
- power loss or stalling
- A knocking noise
- Seizing
- Overheating
- Leaks
- Non-collision flames
- Unpredictable engine failure [1]
Which automobile retains its worth the best?
Top 10 Cars with the Best Resale Value
- Silverado by Chevrolet.
- WRX Subaru.
- Canyon GM.
- Nissan 4Runner.
- Chevy Sierra.
- Tacoma by Toyota.
- Subaru Ridgeline.
- Tundra by Toyota.
What year Kia shouldn’t you buy?
Customers have experienced a number of issues with the Kia Sorento since it has been advertised and sold by Kia. These models share costly issues with one another. The following model years should be avoided: 2004, 2006, 2011, 2012, 2013, 2014, and 2016.
Common difficulties include those with the engine, the electrical system, the airbags, the seat belts, the lights, and the body or paint.
Engine failure is the most serious problem that these Kia Sorento models have. When most consumers have traveled an average of 62,000 miles, something happens. They could end up costing you more money in repairs, so we advise avoiding them.
Which Year Models of Kia Sorento Are Safe to Buy Used?
Production of the Kia Sorento has been going on for approximately 20 years. Not all of the models that are released, like many other cars in its market class, are flawless right out of the factory. Some people have flaws. Despite this, you have a selection of others. This is particularly true if you want to stay away from those already listed.
The following list of reliable Kia Sorento model years includes:
- Kia Sorento 2003
- Kia Sorento from 2005
- 2007 Sorento Kia
- Kia Sorento 2008
- Kia Sorento from 2009
- 2010 Kia Sorento
- Kia Sorento 2015
- Kia Sorento 2017
- Kia Sorento from 2018
- Kia Sorento for 2019
- Kia Sorento 2020
- Kia Sorento 2021
The years 2003, 2005, 2007, 2008, 2009, 2010, 2015, 2017, 2018, 2019, 2020, and 2021 are among the safest Kia Sorento model years to purchase. Compared to the earlier mentioned model years, these have minimal complaints.
The worst issues with many of them were engine issues, a broken air conditioner compressor, electrical issues, light issues, and AC/heater issues. Most of them are also inexpensive to fix minor problems. However, they are among the minority of car owners.
The worst car troubles in early generations include crankshaft problems, frequent lighting system failures, and broken parts. It’s important to remember that these issues only occur in cars with more than 90,000 miles on the odometer.
A few owners are also affected by the problems. They are less likely to happen in a Sorento with little mileage and good maintenance. The models from 2007 to 2010 and 2015 to 2021 are the least problematic. The year 2016 is an outlier; it is less dependable than the other years in the following years.
You want to find the best bargain on the car you want, not actually purchase it. If a comparable vehicle is offered locally for less money, the CoPilot app will let you know, so you can be sure you received the best bargain.
Which Kia Sorento Years to Avoid
The aforementioned Kia Sorento model years should easily accommodate your family’s needs and daily driving requirements. You need a dependable automobile in addition to one with excellent handling, a luxurious interior, and lots of attractive amenities. Here, we go into greater detail regarding the model years that weren’t chosen.
Steer clear of the following Kia Sorento model years:
- 2004 Kia Sorento
- Kia Sorento from 2006
- Kia Sorento from 2011
- Kia Sorento 2012
- Kia Sorento 2013
- Kia Sorento 2014
- Kia Sorento 2016
These model years frequently experience issues with their engines, electrical systems, lighting, seat belts and airbags, and body and paint. These affect everyone, and numerous users have noted concerns that are essentially the same.
You should steer clear of the 2011 Kia Sorento the most. It tops the list for having the most owner complaints. It is most likely to experience brakes issues, drivetrain issues, airbag and seat belt issues, and engine issues.
An engine failure at 77,000 miles cost the most money of all issues reported for the 2011 model year. Fixing this issue will cost $4,600. Other serious issues include an airbag problem that cost $2,000 to fix at 92,000 miles and a door issue that cost $400 to fix at 94,000 miles.
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The 2016 Kia Sorento is another vehicle you should completely avoid. In comparison to other models with lower mileage, it has more issues and costs more to repair. The most common issues are with the engine, then the steering, body/paint, and lights.
The engine has experienced the worst reported failure at 62,000 kilometers. Repairing this cost $6,100. Other owners reported having to pay up to $600 to fix wiring that rodents had gnawed. At 22,000 miles, one user’s car stalled while accelerating.
Common Kia Sorento Problems
One of the greatest warranties for cars is offered by Kia. But that doesn’t mean you should be any less critical, especially when it comes to reliability concerns. The most typical Kia Sorento issues, spanning all model years, are listed below:
- Engine issues – The Sorento’s engine frequently fails, which is a common dependability problem. The engine failure, which was primarily reported in 2011, 2016, and 2017 models, was caused by a leaky head gasket, which mixed engine oil and coolant. These liquids when combined can seriously harm engines.
- Frustrated owners reported that the Sorento’s doors won’t open when reached from the outside, which is more unpleasant than dangerous. Additionally, defective door handles made users of the child-lock feature even more irate. Owners of 2011 Sorentos make up the majority of the complaints.
- Burning out of headlight bulbs: Numerous customers noted that the headlight bulbs on Sorento models from 2002 to 2009 were particularly prone to premature failure. Additionally, several stories claimed that additional headlamp component parts were also melted. There should have been a recall for this dependability problem, but there wasn’t one. Owners were required to purchase replacement bulbs for between $100 and $600.
Kia Sorento Problem Counts by Year
Young and experienced drivers equally are impacted by winter driving. To help you get from A to B as securely as possible, we’ve put together a list of the best automobiles for snow.
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