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-car selling price of $48,027. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. The projected resale value for the KIA Stinger can be determined using our depreciation calculator.
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Is the Kia Stinger a good investment?
How Good Is the Kia Stinger? The Kia Stinger is an excellent vehicle, yes. It dazzles with two top-notch engine choices: There is a twin-turbocharged V6 engine that is even more potent than the normal power plant, which has 300 horsepower, which is more than practically every other base engine in the premium small vehicle class.
Do Kias continue to be valuable?
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.
Can you trust Kia Stingers?
Customers concur that the Kia Stinger is among the most dependable luxury sedans. It receives an 83 out of 100 quality and reliability grade from J.D. Power. It also ranks in the top three sedans according to customer reviews.
The Kia Stinger receives an expert rating of 8.2/10 and a rating of 4.3 out of 5 on Edmunds.
Owners have stated on a few sites that the Stinger operates well as long as you take good care of it.
Has the Kia Stinger got any issues?
Many Kia Stinger owners have experienced electrical system problems in the past.
These were brought on by damage to the front wire harness, which might have resulted in short-circuiting and fires.
You may check to see if the vehicle you drive or are considering purchasing is included in the recall, which took place in late 2018. If it happens, the recall entitles you to a free replacement wiring harness.
Why aren’t Kia Stinger sales up?
Automobile manufacturers are discontinuing sports cars at a startling rate as they aim to provide more electrified vehicles and concentrate more on SUVs. According to reports from earlier in July, Kia would discontinue the Stinger after the second quarter of 2022.
Do Kia Stinger models end?
According to sources from Korea, the Hyundai Sonata will not last until 2028 despite an almost 30-year lifespan. This information circulates along with reports that Kia may stop producing the rear-wheel-drive Stinger and the related K5 midsize sedan as a result of the latter’s underwhelming sales in the United States. Speaking for Kia and Hyundai in the United States, spokespersons said little about all three automobiles when questioned.
With Hyundai Motor Groupthe parent company of Hyundai, Genesis, and Kiapivoting toward an all-electric future, all of this doom and gloom surrounding sedans is at least partially explicable. The Hyundai Sonata assembly line in Asan, Korea, as well as the Grandeur sedan that was marketed as the Azera in the United States, were shut down and retooled in January to produce electric vehicles like the impending Ioniq 6 EV. The claim from Chosun Ilboa, a leading daily and media organization in Korea, is believable given that the Sonata factory in Montgomery, Alabama will also undergo improvements for EV production domestically. The Sonata “remains and will continue to remain a significant part of Hyundai’s product mix,” a spokeswoman for Hyundai told Automotive News.
Kia appears to be considering discontinuing the Stinger and the K5 in addition to the Sonata. Upon being questioned by Automotive News, Jesse Toprak of Autonomy responded, “I will be amazed if the K5 doesn’t suffer the same destiny as the Sonata.” The Sonata and the K5, which was formerly known as the Optima, both have the same car architecture. The EV6 GT-Line, the electric vehicle’s high performance variant, will essentially replace the Stinger when production of it ceases after this quarter. It should be noted that sales of the Stinger increased by 10% from April 2022 to April 2022. The K5 and Stinger continue to be crucial parts of Kia’s award-winning array of automobiles, according to a spokeswoman when we contacted the company about them. This is similar to what Hyundai said when we contacted them.
By 2030, the Hyundai Motor Group hopes to sell 3 million electric vehicles, which would inevitably lead to the demise of some automobiles. Midsize car sales have plummeted to less than 1 million units annually across the industry, making them prime candidates for retirement and replacement by electric vehicles. The Hyundai and Kia models would join the Ford Fusion, Mazda 6, Volkswagen Passat, Buick Regal, and other midsize sedans in the big midsize sedan pasture in the sky if they were actually doomed.
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.
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.
Which vehicle maintains its worth the longest?
You might require a new car, but you’re unsure of which model is best for you. You can make the appropriate decisions by being aware of the brands that retain their value the best. then, choose the size or body type that appeals to you the most.
Which automaker’s stock has the best value? We collaborated with IntelliChoice to acquire the five-year average retained value for all of the model lineups from automakers in order to answer this question. All automobiles lose value over time, but some brands’ automobiles do so more slowly than others. Continue reading to learn which brands hold their value the best.
Honda: 52.5 Percent Retained Value
Honda automobiles have excellent quality and dependability, which means they are less prone to depreciation than some other models. Those looking to purchase a used Honda may be sure that whatever vehicle they choose will continue to run for a very long time. Hondas are likely to remain popular even as consumer preferences shift because the brand offers a wide variety of cars and SUVs. Many drivers automatically choose certain of those models, such as the Civic, Accord, Odyssey, or Pilot, only based on brand recognition. They are often pleasant to drive. All of this aids Honda in maintaining a 52.5% value across its lineup. That is, however, the least of all the automakers on this list.
Chevrolet: 52.5 Percent Retained Value
We’ve all witnessed the dependability of Chevrolet cars and trucksjust think of the used SUV, sedan, or truck you’ve seen on the road. Whether they are ferrying the family around or working hard on a jobsite, these cars continue to run smoothly after years of service. Within their respective segments, Chevrolets like the Silverado, Malibu, or Traverse are well-liked vehicles. The Camaro and Corvette are more examples of American performance icons. These have a definite appeal as collectibles and resist devaluation as a result. They have an impact on the 52.5 percent value retention of Chevrolets over that time.
Dodge: 53.3 Percent Retained Value
Dodge cars have strengthnot only horsepower, but also endurance. The company is well-known for its Hemi V-8 engines, which give its cars the ability to burn rubber as well as generate sales among enthusiasts of muscle cars. The Challenger and Charger are mainstays in their respective markets thanks to their ample interior capacity, appealing features, and appealing appearance. That also applies to the Durango, which stands out among three-row SUVs for its raucous personality. Even Dodge cars with V-6 engines, which are more logical, have the same shine as their powerful rivals. It all contributes to Dodges, on average, keeping 53.3 percent of their value.
GMC: 54.6 Percent Retained Value
Drivers turn to GMC when Chevrolets aren’t quite nice enough. All of these General Motors brands produce vehicles that are relatively similar to one another, however GMCs tend to have more premium aims. Some of GMC’s most well-known vehicles include the Yukon full-size three-row SUV, Terrain compact SUV, and Sierra medium pickup truck. Each can be had in Denali trim, which includes additional high-end features and aesthetic elements. The desirable durability and adaptability of GMC cars, in any trim level, contribute to their 54.6 percent value retention over five years.
Ford: 55.1 Percent Retained Value
Ford, one of the industry’s pioneering automakers, has found out how to create cars that are both interesting to drive and reliable for a long period. Ford offers some of the most well-known nameplates in the business, including the Explorer, Escape, Mustang, and F-150. With multiple trim options, engines, and specifications available inside each model, the Blue Oval has a Ford to suit almost every taste. Some drivers won’t settle for anything other than a Ford because of the brand’s rich history and American heritage. All of this results in an average value retention throughout the whole Ford lineup of 55.1 percent.
Subaru: 57.0 Percent Retained Value
Subaru vehicles are versatile, balancing all-wheel drive capability with practicality for daily driving. While the Legacy and Impreza offer comfort and affordability for sedan consumers, crossovers like the Outback and Crosstrek cater to those with an appetite for adventure. For families, the Ascent three-row SUV has grown in popularity. The rally-inspired WRX and STI from Subaru continue to set the bar for fast small vehicles. Regardless of model, Subaru’s 57.0 percent retention over five years may be attributed to feature content, performance, cheap cost of ownership, and safety.
Ram: 58.1 Percent Retained Value
Ram is a manufacturer of pickup trucks with a history of winning Truck of the Year awards for their reliability, capability, technology, and affordability. The larger 2500 and 3500 heavy-duty vehicles, as well as the midsize 1500 truck, all contain segment-leading features and abilities. Whether on a road, off a road, or when towing a huge load, good driving behavior always prevails. The ProMaster vans broaden Ram’s selection of commercial vehicles. Whatever the case, the brand’s well-designed automobiles contribute to its position as a leader, in addition to its remarkable 58.1 percent value retention average across its array.
Jeep: 58.4 Percent Retained Value
Few vehicles can withstand depreciation like the storied Wrangler, making it one of the finest investments in the whole industry. It contributes significantly to the brand’s strong average value retention. The Gladiator, a pickup-based alternative to the Wrangler, doesn’t deviate much from its starting price over time either. Each and every Jeep, from the smaller Renegade to the bigger Grand Cherokee, is designed for off-road capability. The popularity of Jeep is maintained by this as well as its design, feature set, and adaptability. Drivers are thus willing to pay for used cars, as seen by Jeep’s 58.4% value retention.
Toyota: 58.6 Percent Retained Value
Value is a distinguishing feature of Toyota automobiles, regardless of whether they are brand new on a dealer lot or have a six-digit odometer. They are also furnished with features and technology to meet the requirements of modern drivers, in addition to being inexpensive, dependable, and efficient. The Corolla and Camry continue to be popular choices even though consumer demand for sedans is declining in favor of SUVs. There are plenty of SUV alternatives from Toyota, including the RAV4, Highlander, and 4Runner. The value of Toyota’s trucks, the Tacoma and Tundra, is also very high. In addition, drivers who want to save money at the pump continue to favor the Prius hybrid. Together with other models, Toyota has the best brand retention of any automaker, holding 58.6% of its value on average over a five-year period.