Value of a 2020 Kia Rio: $14,317 to $19,817 | Edmunds.
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A KIA Rio will depreciate 15% after 5 years and have a 5 year resale value of $19,595.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a new selling price of $23,105. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. Our depreciation estimator will forecast the KIA Rio’s anticipated resale value.
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Is buying a Kia Rio worth it?
The Kia Rio is an excellent subcompact car, yes. There is enough room for people and their stuff inside its elegant cabin. There are also simple controls for the infotainment system. The Rio is simple to drive and gets some of the greatest fuel economy ratings in its class.
When was the Kia Rio at its best?
The least costly vehicle from this Korean carmaker has historically been the Kia Rio. Early on, the Rio was a cheap, albeit rather forgettable, means of transportation. The features and comfort of the Rio’s second-generation model significantly improved, and it was also more enjoyable to drive. Thanks to its expressive appearance, spirited engine, and generous internal space, the most recent Rio represents a significant advancement.
The Kia Rio is available as a four-door hatchback and a sedan. The hatchback offers substantially more utility despite having the same mechanicals and interior components. Generally speaking, the Rio will be better the newer it is.
existing Kia Rio Both a four-door sedan and a four-door hatchback are offered for the Kia Rio subcompact. LX, EX, and SX are the three trim levels. All Rio variants are powered by a 1.6-liter four-cylinder engine with 138 horsepower and 123 pound-feet of torque. The LX comes standard with a six-speed manual transmission; a six-speed automatic is an option. Only the six-speed automatic is offered with the EX and SX.
Air conditioning, a tilt steering wheel, and a stereo with satellite radio, an auxiliary audio port, and a USB/iPod interface are notable standard features on the base LX. Full power accessories, Bluetooth, cruise control, and a telescopic steering wheel are added in the EX model. Alloy wheels, a sport-tuned suspension, a rearview camera, power-folding mirrors, and Kia’s “Uvo” voice-activated electronics interface all relatively standard on the SX. A sunroof, keyless entry and ignition, leather upholstery, heated front seats, and a navigation system are notable options.
We’ve mentioned in evaluations that the Kia Rio sticks out because of its unique style and design. Particularly in the higher trim levels, the interior quality is a cut above that of competing vehicles in its class. The Rio’s engine delivers reasonable acceleration and exceptional fuel efficiency when driving. The SX trim level’s excessively firm ride quality is one of the car’s few minor drawbacks. Overall though, the Kia Rio is a leader in the compact vehicle market.
Pre-owned Kia Rio models The third-generation Kia Rio, which was completely redesigned for 2012, marks a significant improvement in terms of refinement and optional luxury options. It’s roomier and more fashionable inside and out than prior Rios. Additionally, it uses less gasoline and has more power. There haven’t been many changes since it first appeared.
The Kia Rio of the second generation, which was built from 2006 to 2011, came before it. Both a sedan and a four-door hatchback were available (called the Rio5). The base model, which was only available as a sedan, was “sparsely furnished.” In addition to air conditioning, power steering, a tilt steering wheel, and a CD player, both body designs were available in LX trim, while a sporty SX trim featured alloy wheels and unique aesthetic accents.
The 1.6-liter four-cylinder engine that powered all second-generation Kia Rios generated 110 horsepower and 107 lb-ft of torque. Despite the Rio’s diminutive size, the engine had trouble providing more than just basic motivation for daily travel. While models with automatic transmissions performed better in terms of highway mpg, models with five-speed manual transmissions offered greater acceleration and city fuel economy.
The Rio5 hatchback was the only vehicle offered in the SX level at first. The Rio sedan SX was debuted for 2007, and the Rio5 was available in LX trim for 2008. Prior to 2010, models’ appearance varied slightly according to trim, and in that year, technologies like Bluetooth and cruise control became available. On the Rio5 SX, which had disc brakes in place of the factory-installed drum brakes at the rear, and the LX sedan, antilock brakes were an optional feature that was highly advised. All grades came standard with a five-speed manual transmission; an automated four-speed transmission was an option. Only the LX was offered with a manual transmission for 2011.
The Rio’s interior had a wonderful blend of materials and was rather attractive. Additionally, the automobile handled fairly well. Buyers should be warned that the Rio has received some underwhelming results in crash tests. Overall, a 20062011 Kia Rio is a good option for a cheap car, while some rival subcompacts from Japan will probably turn out to be more pleasant.
For the 2001 model year, the Kia Rio was initially presented. The Rio Cinco hatchback was released by Kia in 2002 after the sedan. Both cars were among the most affordable in their respective classes. Unfortunately, the price was a severely uncomfortable driving experience and a lack of feature content.
According to the opinions of our editors and Rio owners, the vehicle provided basic, economical mobility but little else. Its noisy, crude engine, unsteady ride, and poor build quality were the main complaints. We cannot suggest the Rio, despite the fact that its low residual value makes it appear to be a bargain on the used car market. If you’re set on buying a used Kia Rio, it’s preferable to choose a 2003 model or later because these had an engine with more horsepower (104 vs. 96), an upgraded suspension, and a better interior.
Do Kia vehicles have a high rate of resale?
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.
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.
Are Kia Rios durable?
A Kia Rio may survive for 200,000 miles or more with proper upkeep. You may anticipate the Rio to last you roughly 13 years if you travel 15,000 miles each year on average.
What issues does the Kia Rio have?
Kia Rio Issues
- Infotainment system with a bug.
- Transmission difficulties.
- Engine roaring noise.
- faulty AC compressor
- incorrectly lit check engine light.
The dependability of Kia Rios
With a reliability rating of 4.5 out of 5, the Kia Rio is ranked sixth among 21 subcompact automobiles. Its great ownership costs are reflected in the $434 average yearly repair cost. The Rio is one of the more dependable vehicles on the road because the severity and frequency of repairs are both much lower than those for other vehicles.
Cost
Compared to an average of $456 for subcompact cars and $652 for all vehicle types, the total yearly cost of repairs and maintenance for a Kia Rio is $434.
the typical annual sum for unplanned maintenance and repairs for all model years of a car. A vehicle’s greater average cost alone does not imply that it is less dependable. For instance, your car’s parts and labor may be pricey, especially if it’s a European luxury model, but if there are few serious problems and frequent service visits on average each year, that’s a sign of a dependable vehicle.
The typical annual frequency at which a vehicle is taken in for unplanned maintenance and repairs. This metric is produced by monitoring millions of distinctive automobiles over a number of years to ascertain the typical yearly visits for each make and model. Controls were included to prevent small, routine shop visits, such those for oil changes.
The severity element of dependability calculates the likelihood that a repair will cause a significant problem. The cost of a repair is assessed to be excessively expensive given the unscheduled nature of the repair if it is three times the average annual repair cost for all models. Due to their more expensive labor and component expenses, premium and luxury brands have a higher barrier.
Frequency
Owners of Kia Rios must take their cars in for unplanned maintenance on average 0.2 times a year as opposed to 0.3 times for subcompact cars and 0.4 times for all vehicle models.