Kia Sportage Resale Value: Do They Hold Their Value? What To Know

Published December 20, 2023
in Car Costs and Prices

The Kia Sportage is a popular compact crossover SUV, providing one of the best designs in its class with a sleek exterior and efficient driving experience. If you’re interested in the Sportage, it’s helpful to know more about it. There is one question few people tend to ask before buying - what’s the Kia Sportage resale value you can expect?

The better a car is at holding its value, the longer you can expect to own it without running into serious issues. A car with an excellent resale value after five years, for instance, is less likely to break down than one that drops in value after two. Read on to learn more about the depreciation rate of the Sportage and other essential information.

What Is The Depreciation Rate of a Kia Sportage?

One of the best items to consider when pondering the Kia Sportage resale value is the depreciation rate. How fast will the value of a car plummet the second it becomes someone’s property?

According to careedge.com, here is some information about the depreciation rate of the Sportage over a few years of ownership:

After five years, the value of the Kia Sportage is predicted to drop a large chunk from what it was when first purchased.

The Kia Sportage doesn’t have the worst depreciation rate, but it’s far from the best. Things will drop off significantly after the first five years of ownership.

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How Much Will Kia Sportages Resell For?

Kia doesn’t come out on top in resale value. How much can you expect to resell the Kia Sportage for on the market?

Value will change significantly with time in the Kia Sportage. According to kia.com, you will find a new Kia Sportage for $27,090. This number will only drop as time goes on and it experiences more wear and tear.

It’s predicted that the value of the Kia Sportage will fall around 30% by the fifth year of ownership. Thus, we can expect a car initially worth $27,090 to be valued at around $19,000 by the end of the fifth year. That’s a decent drop, especially since few people will buy it for that much after half a decade on the road.

What Is The Best Year To Purchase For Value Longevity?

Those desiring to make the most of their investment in the longevity department will benefit from purchasing the most reliable years for the Sportage. These boast the fewest issues and will stand up against more than the less reliable selections. Go for these to remain safer in your investment.

Here are the best available years for the Kia Sportage:

2007 Kia Sportage
2017 Kia Sportage
2018 Kia Sportage
2019 Kia Sportage
2021 Kia Sportage

These stand out significantly in their reliability.

Although there might not be a clear difference at first, in time, it will make itself known. These will cost less to keep in excellent condition and will provide high-value longevity over time, proving to be a more practical investment than other years.

HOW LONG DO KIA SPORTAGES LAST?

The time a car can survive will impact how much money you have to spend. So - how long do Kia Sportages last?

What Is The Worst Year To Purchase For Value Longevity?

As there are excellent years of the Kia Sportage with a decent resale value, there are years less likely to produce a high profit if you were to put them on the market. It’s best to keep away from these selections.

Here are the years with the least reliability for the Kia Sportage:

2000 Kia Sportage
2001 Kia Sportage
2008 Kia Sportage
2009 Kia Sportage
2011 Kia Sportage
2012 Kia Sportage
2013 Kia Sportage

These will prove less valuable and more problematic for you as a car owner.

Faults like engine failure and sudden stopping were the most apparent in these years. These do nothing but take away from the longevity of the Kia Sportage.

Which Kia Holds Its Value Best?

The Kia Sportage puts up a decent fight when considering resale value. However, it’s also critical to consider other Kia selections if you’re concerned about making the most long-term out of your investment.

According to iseecars.com here are the Kias that will hold the best value long-term:

Kia Soul
Kia Rio
Kia Rio 5-Door
Kia Forte
Kia Seltos

These should hold their value for a very long time.

Unfortunately, you won’t find the Kia Sportage on the top five list of long-term vehicles from Kia. However, if you keep going down the list, you will find the Kia Sportage at number six. It isn’t one of the top contenders, but it is up there.

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Do Kias Generally Hold Their Value?

The Kia Sportage resale value should generally hold its value because, as seen above, Kias tends to hold its price point over time. Though Kias aren’t the most reliable in retaining their value when compared to other brands, they are generally steadfast.

According to caredge.com, a Kia is expected to hold a resale value of around 80% after five years. This number puts it in the bottom half of the top ten manufacturers.

Final Thoughts

You can depend on the Kia Sportage resale value to remain decent, though unfortunately, Kia cars won’t last as long as other manufacturers in the long term. We’d rank the Sportage right in the middle of the pack.

We hope this information comes in handy! The more you know about the value a Sportage holds long-term, the easier it will be to determine if it’s right for you.

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