Depreciation
The depreciation graph and accompanying table on our page detail how the 2021 KIA FORTE'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) 2021 KIA FORTE in 2021 was $22,145.
The average price for used 2021 KIA FORTE nowadays in 2024 is $17,552 which is 79% from the original price.
Estimated mileage driven per year is 11,809 miles.
The graph below is a depreciation curve for 2021 KIA FORTE. 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 2021 KIA FORTE 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 | ||
|---|---|---|---|---|---|---|
| 2021 MSRP | 0 mi | $22,145 | — | — | 100% | 0% |
| 2021 | 11,809 mi | $21,710 | +$435 | +1.96% | 98.04% | 1.96% |
| 2022 | 23,618 mi | $19,888 | +$1,822 | +8.39% | 89.81% | 10.19% |
| 2023 | 35,427 mi | $19,000 | +$888 | +4.47% | 85.8% | 14.2% |
| 2024 | 47,236 mi | $17,552 | +$1,448 | +7.62% | 79.26% | 20.74% |
| 2025 | 59,045 mi | $16,199 | +$1,353 | +7.71% | 73.15% | 26.85% |
| 2026 | 70,854 mi | $14,995 | +$1,204 | +7.43% | 67.71% | 32.29% |
| 2027 | 82,663 mi | $12,879 | +$2,116 | +14.11% | 58.16% | 41.84% |
| 2028 | 94,472 mi | $11,986 | +$893 | +6.93% | 54.13% | 45.87% |
| 2029 | 106,281 mi | $9,999 | +$1,987 | +16.58% | 45.15% | 54.85% |
| 2030 | 118,090 mi | $9,634 | +$365 | +3.65% | 43.5% | 56.5% |
| 2031 | 129,899 mi | $8,600 | +$1,034 | +10.73% | 38.83% | 61.17% |
| 2032 | 141,708 mi | $7,784 | +$816 | +9.49% | 35.15% | 64.85% |
| 2033 | 153,517 mi | $6,995 | +$789 | +10.14% | 31.59% | 68.41% |
| 2034 | 165,326 mi | $6,400 | +$595 | +8.51% | 28.9% | 71.1% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the KIA FORTE’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 2021 KIA FORTE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 KIA FORTE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $18,500 | 11 sales |
| 5,000 mi | $18,950 | 105 sales |
| 10,000 mi | $18,498 | 235 sales |
| 15,000 mi | $18,386 | 324 sales |
| 20,000 mi | $18,230 | 499 sales |
| 25,000 mi | $18,313 | 540 sales |
| 30,000 mi | $17,998 | 617 sales |
| 35,000 mi | $17,989 | 538 sales |
| 40,000 mi | $17,506 | 370 sales |
| 45,000 mi | $17,495 | 338 sales |
| 50,000 mi | $17,200 | 240 sales |
| 55,000 mi | $16,590 | 257 sales |
| 60,000 mi | $16,364 | 342 sales |
| 65,000 mi | $15,495 | 287 sales |
| 70,000 mi | $15,618 | 182 sales |
| 75,000 mi | $14,999 | 117 sales |
| 80,000 mi | $15,048 | 95 sales |
| 85,000 mi | $15,980 | 71 sales |
| 90,000 mi | $14,933 | 59 sales |
| 95,000 mi | $14,995 | 50 sales |
| 100,000 mi | $14,850 | 32 sales |
| 105,000 mi | $14,493 | 18 sales |
| 110,000 mi | $13,250 | 12 sales |
| 120,000 mi | $13,929 | 10 sales |
Frequently asked questions
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
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.
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.
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 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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of KIA FORTE
2010 KIA FORTE
$5,317 average used price
11,500+ sales records
2012 KIA FORTE
$6,995 average used price
12,700+ sales records
2014 KIA FORTE
$8,600 average used price
26,700+ sales records
2018 KIA FORTE
$12,879 average used price
80,900+ sales records
2020 KIA FORTE
$16,199 average used price
95,400+ sales records
2024 KIA FORTE
$21,710 average used price
12,700+ sales records
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