Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 KIA EV6'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 EV6 in 2023 was $54,365.
The average price for used 2023 KIA EV6 nowadays in 2024 is $36,995 which is 68% from the original price.
Estimated mileage driven per year is 6,118 miles.
The graph below is a depreciation curve for 2023 KIA EV6. 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 EV6 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 | $54,365 | — | — | 100% | 0% |
| 2023 | 6,118 mi | $40,750 | +$13,615 | +25.04% | 74.96% | 25.04% |
| 2024 | 12,236 mi | $36,995 | +$3,755 | +9.21% | 68.05% | 31.95% |
| 2025 | 18,354 mi | $31,998 | +$4,997 | +13.51% | 58.86% | 41.14% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the KIA EV6’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 EV6. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 KIA EV6 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $43,764 | 15 sales |
| 5,000 mi | $38,650 | 49 sales |
| 10,000 mi | $33,136 | 62 sales |
| 15,000 mi | $38,593 | 19 sales |
| 20,000 mi | $28,995 | 11 sales |
Frequently asked questions
Depreciation directly affects the resale value of a 2023 KIA EV6, with faster depreciating vehicles typically having lower resale values over time.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
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.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Aftermarket modifications can affect the depreciation of 2023 KIA EV6 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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 expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Other years of KIA EV6
2022 KIA EV6
$31,998 average used price
8,100+ sales records
2024 KIA EV6
$40,750 average used price
590+ sales records
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2023 KIA EV6 on BADVIN
