Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 KIA SORENTO'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) 2004 KIA SORENTO in 2004 was $27,945.
The average price for used 2004 KIA SORENTO nowadays in 2024 is $4,495 which is 16% from the original price.
Estimated mileage driven per year is 11,810 miles.
The graph below is a depreciation curve for 2004 KIA SORENTO. 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 2004 KIA SORENTO 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $27,945 | — | — | 100% | 0% |
| 2004 | 11,810 mi | $42,623 | −$14,678 | −52.52% | 152.52% | -52.52% |
| 2005 | 23,620 mi | $33,777 | +$8,846 | +20.75% | 120.87% | -20.87% |
| 2006 | 35,430 mi | $30,998 | +$2,779 | +8.23% | 110.93% | -10.93% |
| 2007 | 47,240 mi | $28,500 | +$2,498 | +8.06% | 101.99% | -1.99% |
| 2008 | 59,050 mi | $20,437 | +$8,063 | +28.29% | 73.13% | 26.87% |
| 2009 | 70,860 mi | $18,490 | +$1,947 | +9.53% | 66.17% | 33.83% |
| 2010 | 82,670 mi | $16,998 | +$1,492 | +8.07% | 60.83% | 39.17% |
| 2011 | 94,480 mi | $15,000 | +$1,998 | +11.75% | 53.68% | 46.32% |
| 2012 | 106,290 mi | $13,985 | +$1,015 | +6.77% | 50.04% | 49.96% |
| 2013 | 118,100 mi | $11,999 | +$1,986 | +14.2% | 42.94% | 57.06% |
| 2014 | 129,910 mi | $10,995 | +$1,004 | +8.37% | 39.35% | 60.65% |
| 2015 | 141,720 mi | $9,446 | +$1,549 | +14.09% | 33.8% | 66.2% |
| 2016 | 153,530 mi | $8,991 | +$455 | +4.82% | 32.17% | 67.83% |
| 2017 | 165,340 mi | $7,250 | +$1,741 | +19.36% | 25.94% | 74.06% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the KIA SORENTO’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 2004 KIA SORENTO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 KIA SORENTO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 35,000 mi | $8,995 | 19 sales |
| 65,000 mi | $6,995 | 12 sales |
| 70,000 mi | $6,087 | 12 sales |
| 75,000 mi | $6,998 | 16 sales |
| 80,000 mi | $5,942 | 26 sales |
| 85,000 mi | $5,121 | 28 sales |
| 90,000 mi | $6,797 | 28 sales |
| 95,000 mi | $6,000 | 25 sales |
| 100,000 mi | $4,999 | 16 sales |
| 105,000 mi | $4,995 | 32 sales |
| 110,000 mi | $4,995 | 29 sales |
| 115,000 mi | $5,199 | 39 sales |
| 120,000 mi | $4,499 | 41 sales |
| 125,000 mi | $3,999 | 30 sales |
| 130,000 mi | $4,455 | 39 sales |
| 135,000 mi | $4,000 | 43 sales |
| 140,000 mi | $4,877 | 45 sales |
| 145,000 mi | $4,495 | 31 sales |
| 150,000 mi | $3,999 | 53 sales |
| 155,000 mi | $3,995 | 40 sales |
| 160,000 mi | $3,995 | 23 sales |
| 165,000 mi | $3,500 | 39 sales |
| 170,000 mi | $3,995 | 47 sales |
| 175,000 mi | $3,500 | 16 sales |
| 180,000 mi | $3,990 | 25 sales |
| 185,000 mi | $3,995 | 11 sales |
| 190,000 mi | $3,995 | 25 sales |
| 195,000 mi | $4,000 | 24 sales |
| 200,000 mi | $4,000 | 19 sales |
| 205,000 mi | $3,900 | 32 sales |
| 210,000 mi | $3,488 | 13 sales |
Frequently asked questions
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
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.
Depreciation directly affects the resale value of a 2004 KIA SORENTO, with faster depreciating vehicles typically having lower resale values over time.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Aftermarket modifications can affect the depreciation of 2004 KIA SORENTO either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Other years of KIA SORENTO
2003 KIA SORENTO
$3,999 average used price
930+ sales records
2005 KIA SORENTO
$4,995 average used price
2,600+ sales records
2012 KIA SORENTO
$8,991 average used price
29,300+ sales records
2013 KIA SORENTO
$9,446 average used price
32,600+ sales records
2014 KIA SORENTO
$10,995 average used price
49,200+ sales records
2025 KIA SORENTO
160+ sales records
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2004 KIA SORENTO on BADVIN
