Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 KIA CARNIVAL's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2023 KIA CARNIVAL in 2023 was $40,720.
The average price for used 2023 KIA CARNIVAL nowadays in 2024 is $33,998 which is 83% from the original price.
Estimated mileage driven per year is 16,999 miles.
The graph below is a depreciation curve for 2023 KIA CARNIVAL. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2023 KIA CARNIVAL in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $40,720 | — | — | 100% | 0% |
| 2023 | 16,999 mi | $41,000 | −$280 | −0.69% | 100.69% | -0.69% |
| 2024 | 33,998 mi | $33,998 | +$7,002 | +17.08% | 83.49% | 16.51% |
| 2025 | 50,997 mi | $32,998 | +$1,000 | +2.94% | 81.04% | 18.96% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the KIA CARNIVAL’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2023 KIA CARNIVAL. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 KIA CARNIVAL by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $36,225 | 17 sales |
| 10,000 mi | $37,649 | 39 sales |
| 15,000 mi | $33,358 | 62 sales |
| 20,000 mi | $34,128 | 74 sales |
| 25,000 mi | $33,500 | 56 sales |
| 30,000 mi | $34,550 | 37 sales |
| 35,000 mi | $31,999 | 15 sales |
| 40,000 mi | $32,564 | 13 sales |
| 45,000 mi | $33,998 | 12 sales |
Frequently asked questions
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Proper maintenance and good condition can slow the depreciation of a 2023 KIA CARNIVAL by making it more attractive to potential buyers, thereby preserving more of its value.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Other years of KIA CARNIVAL
2022 KIA CARNIVAL
$32,998 average used price
13,100+ sales records
2024 KIA CARNIVAL
$41,000 average used price
1,900+ sales records
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2023 KIA CARNIVAL on BADVIN
