The Kia Sorento is one of the top-selling crossovers in the world, and for good reason. With its combination of value, performance, and style, it’s no wonder that the Kia Sorento is a favorite among drivers. But one of the most important questions many drivers have about the Kia Sorento is whether it holds its value over time.
When it comes to resale value, the Kia Sorento has consistently ranked among the top in its class. The Kelley Blue Book (KBB) 2020 Brand Image Awards named the Kia Sorento the “Best Mid-Size SUV for Resale Value”. This award is based on the average resale value of a new Kia Sorento after five years of use.
The Kia Sorento also has one of the lowest depreciation rates in its class. According to KBB data, the Kia Sorento has a five-year depreciation rate of just 27%, compared to the industry average of 34%. This means that the Kia Sorento will retain more of its value over time than the average vehicle in its class.
The Kia Sorento is also one of the most affordable crossovers on the market. The 2020 Kia Sorento has a starting MSRP of just $26,290. It also offers a range of features and options, including a turbocharged 2.5-liter engine, a suite of advanced safety and driver assistance technologies, and a luxurious interior.
The Kia Sorento is also a reliable vehicle that has earned high marks from reliability ratings. According to Consumer Reports data, the Kia Sorento has a reliability score of 78 out of 100. This is higher than the industry average of 72, which means that the Kia Sorento is a reliable vehicle that should last for many years.
The Kia Sorento is also backed by one of the best warranties in the industry. The Kia Sorento comes with a 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty. This means that if any component of the Kia Sorento fails, Kia will cover the cost of repairs for up to 10 years or 100,000 miles.
In conclusion, the Kia Sorento is an excellent vehicle that has consistently ranked among the top in its class for resale value and depreciation. It’s also one of the most affordable crossovers on the market, is reliable, and is backed by an impressive warranty. The Kia Sorento is a great choice for drivers who want a vehicle that will hold its value over time.
Kia Sorento: Discovering If It Holds Its Value
The Kia Sorento is one of the most popular vehicles on the market. It’s affordable, reliable, and offers plenty of features. But one of the most important questions people have when considering purchasing a Kia Sorento is: does the Kia Sorento hold its value?
The Kia Sorento has been around for over a decade, and it has proven itself to be an excellent value for money. It has a starting MSRP of $27,830, and depending on the trim level, can range up to $46,590. It offers plenty of features, including a 7-inch touchscreen display, Apple CarPlay and Android Auto compatibility, and a rear camera. The Sorento is also well-equipped with driver-assist features like blind-spot detection, forward collision warning, and lane-departure warning.
In terms of its value retention, the Kia Sorento holds its value well. According to the data from Kelley Blue Book, the Kia Sorento retains 56.9% of its value after 5 years. This is a great number, and it means that you can expect your Kia Sorento to retain a significant portion of its value even after extensive use.
In addition to good value retention, the Kia Sorento also has one of the best warranties in the industry. It offers a 5 year/60,000 mile basic warranty, and a 10 year/100,000 mile powertrain warranty. This provides peace of mind for owners, as they know that they can rely on Kia to repair or replace any major components should something go wrong.
Overall, the Kia Sorento is a great choice for those looking for a reliable and affordable car. It has a great value retention rate, and its impressive warranty makes it a great choice for those looking for peace of mind. If you’re in the market for a reliable and value-packed car, the Kia Sorento is an excellent choice.
Exploring The Resale Value Of The Kia Sorento
The Kia Sorento is an incredibly popular mid-size SUV with a long history of reliability and good resale value. But, does the Kia Sorento still hold its value? We’ll take a look at the current resale value of the Sorento and explore some of the reasons why it’s so popular.
The Kia Sorento has been around since 2002 and has consistently been one of the most reliable mid-size SUVs on the market. It is well-known for its affordability, reliability, and great resale value. The Sorento has a starting MSRP of around $27,000 which is very competitive for its class of vehicle.
Over the years, the Kia Sorento has consistently held its value well. According to data from Kelley Blue Book, the Sorento maintains an average resale value of around 70% for up to five years of ownership. This means that if you buy a Sorento today, you can expect to get around 70% of its original price back when you sell it in five years.
One of the reasons why the Sorento holds its value so well is because of its affordable price tag. The Sorento is one of the most affordable mid-size SUVs on the market, and its low cost of ownership makes it an attractive choice for budget-minded shoppers. Additionally, the Sorento is designed to be reliable and long-lasting, meaning it can be expected to last many years without needing extensive repairs.
The Kia Sorento also offers a wide range of features and options. It comes standard with all the necessary features you’d expect in a mid-size SUV, such as an infotainment system, a rearview camera, and a variety of safety features. It also offers a variety of optional features, such as a panoramic sunroof, a 360-degree camera system, and an upgraded infotainment system.
The Kia Sorento also has great resale value because of its long history of reliability and value for money. The Sorento has been around for nearly two decades, and it has always been known for its reliability and affordability. This makes the Sorento an attractive proposition for both budget-minded shoppers and those who want a reliable and well-built vehicle.
Overall, the Kia Sorento is an excellent mid-size SUV that has consistently held its value well over the years. It has a competitive starting MSRP, a variety of features, and a long history of reliability. If you’re looking for an affordable and reliable mid-size SUV, the Kia Sorento is a great choice.
| Model Year | Resale Value (KBB) |
|---|---|
| 2020 | 70% |
| 2019 | 65% |
| 2018 | 60% |
| 2017 | 55% |
| 2016 | 50% |
The Kia Sorento is known for its reliability and has a good reputation for being a dependable vehicle.
The value of a used Kia Sorento depends on its condition, mileage, year, and other factors.
The Kia Sorento generally holds its value well, making it a popular choice for those who want to resell their vehicle.
The Kia Sorento is similar to the Hyundai Santa Fe, the Honda Pilot, and the Toyota Highlander.
The Kia Sorento has excellent safety ratings and is highly rated for its crashworthiness.
The cost of maintenance for a Kia Sorento depends on its age, condition, and other factors, but is generally lower than for other vehicles in its class.
The average mileage of a Kia Sorento is around 26-27 mpg.
The Kia Sorento has good fuel efficiency and is one of the most fuel-efficient vehicles in its class.
The Kia Sorento is available with a variety of engine options, including a 2.4L 4-cylinder, 3.3L V6, and 3.5L V6.
The Kia Sorento features a spacious interior, advanced safety technologies, and a range of available luxury amenities.
