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.
In This Article...
Kia has resale, right?
You’ve traveled a lot of roads in your Kia, including late-night errands for snacks, weekend excursions, and seemingly endless commutes. Although the memories may be precious to you, the asking price doesn’t actually reflect that value.
The following are the primary elements that affect your Kia’s resale value:
Depreciation: Your Kia lost value before the fresh-car scent had a chance to dissipate. Unfortunately, Kias are among the least valuable brands when it comes to resale value, and after three to five years of ownership, some models can lose up to 60% of their value.
Mileage: One of the most important aspects of your car’s resale value is its mileage. A automobile should typically be driven 12,000 to 15,000 miles on average year. If you have much more miles than that, it will probably have a lower resale value.
Accident history: Even after insurance claims have been settled, accidents can still be expensive. Even after all the damage has been fixed, an accident might reduce the value of your car by 15% to 30%.
Popular models: If you own a Telluride or a Soul, these models typically hold their value better than others. The Sorento, Sedona, and Cadenza, on the other hand, all have quite poor value retention.
Interior, exterior, and mechanical condition are all important factors in determining how much money you may anticipate to make when selling your Kia.
Which car is the most valuable when sold?
Top 10 Indian vehicles with the Highest Resale Value
- Swift by Maruti Suzuki.
- Innova by Toyota.
- EcoSport by Ford.
- Suzuki Wagon R by Maruti.
- Grand i10 Hyundai
- Nissan City.
- Scorpio from Mahindra.
- Creta by Hyundai.
Is Kia up to par with Toyota?
According to a J.D. Power research from 2019, Kia has the highest initial quality in the non-premium segment in the United States. The 2016 Kia Soul, 2016 Toyota Corolla, Prius, and Prius V were all rated as being among the most dependable vehicles on the road by J.D. Power.
How long will a Kia last?
Yes, Kia reliability is above average, to put it succinctly. Even though Kia had a bad reputation when it initially entered the US market about 20 years ago, a lot has changed since then. Currently, the brand is rated 4.0 out of 5.0 on RepairPal, placing third out of 32 brands of automobiles.
RepairPal uses driver-reported information on brand average yearly repair costs, the frequency of unexpected repairs, and the seriousness of needed repairs to calculate dependability scores. Kias and other vehicles with high RepairPal reliability ratings are less likely to experience frequent mechanical problems.
Kia offers one of the greatest new car warranties in the business as a guarantee for the dependability of its vehicles. Kia significantly outperforms the industry standard of three years for bumper-to-bumper coverage and five years for the powertrain. The Kia guarantee comprises a ten-year powertrain warranty as well as a five-year bumper-to-bumper warranty.
Your Kia should last for at least ten years if you follow up with routine maintenance. If not, the majority of significant problems are probably covered by warranty.
Kia Factory Warranty
One of the best manufacturer warranties in the industry is offered by Kia. A new Kia vehicle includes:
- 60,000-mile bumper-to-bumper warranty for five years.
- Powertrain warranty of 10 years and 100,000 miles
- Warranty against perforation for 5 years and 100,000 miles
- Roadside assistance coverage for 5 years and 60,000 miles
Kia J.D. Power Awards
Kia has received numerous J.D. Power honors for a variety of automobiles. The Kia Soul, Forte, Sorento, and Sedona, for instance, each received the Highest Quality award that year. A J.D. Power Dependability award was additionally given to the 2016 Kia Soul in 2019. This prize takes into account issues with used cars that are three years old.
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]
Styling and Presence
Hyundai and Kia have extremely comparable vehicle lineups. Though it’s important to note that Hyundai has established a luxury branch named Genesis that largely addresses those gaps, Kia does provide a few vehicles that Hyundai doesn’t. Hyundai’s aesthetic is generally much more restrained and understated, with slender curves and unobtrusive round forms making up the majority of the design elements. However, compared to their Hyundai cousins, Kia vehicles have sportier style that gives them a more aggressive and dynamic appearance. In a similar vein, compared to the Hyundai model, Kia SUV vehicles have a more robust, off-road oriented look. In general, Hyundai automobiles are more likely to blend in with the crowd, but Kia styling is more angular and futuristic, designed to grab attention and make a statement.
Performance and Handling
Although Hyundai and Kia share platforms and drivetrains, we already established that each company maintains its own independent engineering divisions. This is significant because it enables individual ride and handling characteristics to be tuned for each brand of car. It’s risky to generalize given the large range of vehicles available, including hatchbacks, sedans, crossovers, and vans. In contrast, a comparable Hyundai vehicle is probably going to prioritize a smoother, but disconnected-feeling ride, whilst you will probably find that Kia vehicles provide more dynamic, engaging handling qualities. Both have advantages and disadvantages, but in our opinion, Kia automobiles’ special chassis tuning significantly increases fun.
Price and Value
Kia automobiles are typically less priced than their Hyundai counterparts. The comparable Hyundai Elantra starts at $19,850, while the Kia Forte starts at $17,890. Although the Forte is less priced, Kia didn’t scrimp on quality or features. Like Hyundai, Kia provides one of the best warranties in the industry, which is ten years and 100,000 miles. Both companies offer quality that is unmatched in the industry and stand behind their products. In the J.D. Power U.S. Vehicle Dependability Study*, Kia placed third for 2021, ahead of brands like Toyota, Chevrolet, and even Mercedes-Benz. Even Hyundai’s luxury division, Genesis, ended behind Kia. Only Porsche and Lexus were ranked higher among mass market brands in terms of quality than Kia. At the top of that list, Kia is, in our opinion, in good company. It’s also important to note that J.D. Power named the Kia Optima, Sorento, and Sportage as the top models in each of their respective classes.
The Kia Advantage
In conclusion, Kia cars offer greater value and better quality, with bolder style and a more dynamic driving experience, even though Kia and Hyundai offer comparable vehicles. Simply put, no matter what you value most in a car, Kia automobiles are better overall. Of course, it is ultimately up to you to decide. We recognize that purchasing a new car is a significant investment. We advise you to test drive both brands since we are certain that you will ultimately decide on a Kia. Any way you look at it, it’s unquestionably the better option. Please forgive me, Hyundai.
Why is a secondhand KIA so inexpensive?
Why are KIAs so inexpensive when they are regarded for having a comfortable ride, a respectable new-vehicle warranty, and lots of cargo space?
Each automobile owner has a reason(s) for favoring a particular brand’s model. While some people are seeking the excitement and speed, others are searching for a reliable car for their family. The features you require, how the car is made, and the brand will all affect how much it costs. While some purchasers aren’t concerned with the vehicle’s price, others will focus on the perks that come with the cost.
KIAs are affordable since the raw material for their car bodies is plastic. As they are designed to survive five to seven years, they have a short production line and a bad image as disposable cars. Another factor contributing to KIAs affordability is the cheap cost of labor.
The company’s entry into the United States wasn’t easy, and most people thought of KIA as a budget brand with subpar automobiles. But over time, the Korean business has worked to disprove these allegations by spending money on production and research to demonstrate KIA’s dependability.
Continue reading to find out why KIAs are so affordable and whether you should buy one.
Here is what we learned after conducting our investigation and speaking with numerous professionals in the field of vehicle production.
Is Kia viewed as affordable?
In 1986, Kia passenger automobiles were once again produced, but on a tight budget. Kias are affordable since they were founded in Seoul, South Korea. They are exempt from paying taxes when they import goods abroad.
What vehicle loses value the quickest?
Compact or subcompact cars make up the majority of cars that cost less than $25,000 and depreciate quickly. The Mitsubishi Mirage takes first place, losing an average of $9,300 or 57.8 percent of its value over the course of five years.
The second and third vehicles, both having a five-year average depreciation rate of 56.5 percent, are the Chevrolet Sonic and Volkswagen Jetta. With an average depreciation of 55.8% over five years, the Kia Rio comes in fourth. Fifth on the list is the Nissan Sentra, which depreciates at a pace of 55.3 percent over five years and an average loss of $11,115 in value.
As popular rental or fleet vehicles or because they have greater ownership costs in comparison to their price, the aforementioned cars have a tendency to lose value quickly.
who makes a Kia?
In 1998, Hyundai Motor Group made the decision to buy the automaker in order to keep it viable. Although Kia and the Hyundai Motor Group are separate companies, Kia Motors is a subsidiary of Hyundai. The distinction between Kia and Hyundai is that each brand has its own brand philosophies to build its vehicles in a distinctive manner.
Has Hyundai any market value?
The best way to characterize Hyundai’s resale value is as average; it’s not the best, but it’s also not very noteworthy either. At years 5 and 7, the Hyundai Tucson does perform better than average, and years 5 and 7 of the Elantra also show a little improvement. However, the Sonata is not a standout in the Hyundai portfolio because it performs significantly worse than average five years after purchase.
Our top choice for the Hyundai model year with the best value is the 2020. With the 2020, you would only pay, on average, 87 percent of the cost as new, and the car would still have 83 percent of its usable life.
For the Hyundai models, the 2019 and 2017 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. Our top-ranked model year is the Hyundai model that offers the best value for the money.