Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 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) 2017 KIA SORENTO in 2017 was $27,945.
The average price for used 2017 KIA SORENTO nowadays in 2024 is $15,000 which is 54% from the original price.
Estimated mileage driven per year is 11,810 miles.
The graph below is a depreciation curve for 2017 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 2017 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 | ||
|---|---|---|---|---|---|---|
| 2017 MSRP | 0 mi | $27,945 | — | — | 100% | 0% |
| 2017 | 11,810 mi | $42,623 | −$14,678 | −52.52% | 152.52% | -52.52% |
| 2018 | 23,620 mi | $33,777 | +$8,846 | +20.75% | 120.87% | -20.87% |
| 2019 | 35,430 mi | $30,998 | +$2,779 | +8.23% | 110.93% | -10.93% |
| 2020 | 47,240 mi | $28,500 | +$2,498 | +8.06% | 101.99% | -1.99% |
| 2021 | 59,050 mi | $20,437 | +$8,063 | +28.29% | 73.13% | 26.87% |
| 2022 | 70,860 mi | $18,490 | +$1,947 | +9.53% | 66.17% | 33.83% |
| 2023 | 82,670 mi | $16,998 | +$1,492 | +8.07% | 60.83% | 39.17% |
| 2024 | 94,480 mi | $15,000 | +$1,998 | +11.75% | 53.68% | 46.32% |
| 2025 | 106,290 mi | $13,985 | +$1,015 | +6.77% | 50.04% | 49.96% |
| 2026 | 118,100 mi | $11,999 | +$1,986 | +14.2% | 42.94% | 57.06% |
| 2027 | 129,910 mi | $10,995 | +$1,004 | +8.37% | 39.35% | 60.65% |
| 2028 | 141,720 mi | $9,446 | +$1,549 | +14.09% | 33.8% | 66.2% |
| 2029 | 153,530 mi | $8,991 | +$455 | +4.82% | 32.17% | 67.83% |
| 2030 | 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 2017 KIA SORENTO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 KIA SORENTO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $21,999 | 40 sales |
| 25,000 mi | $20,251 | 40 sales |
| 30,000 mi | $18,850 | 67 sales |
| 35,000 mi | $17,998 | 73 sales |
| 40,000 mi | $18,445 | 111 sales |
| 45,000 mi | $17,996 | 130 sales |
| 50,000 mi | $17,548 | 150 sales |
| 55,000 mi | $17,047 | 223 sales |
| 60,000 mi | $17,512 | 268 sales |
| 65,000 mi | $16,998 | 326 sales |
| 70,000 mi | $16,899 | 388 sales |
| 75,000 mi | $15,994 | 395 sales |
| 80,000 mi | $15,496 | 453 sales |
| 85,000 mi | $14,998 | 435 sales |
| 90,000 mi | $15,266 | 494 sales |
| 95,000 mi | $14,700 | 456 sales |
| 100,000 mi | $14,000 | 387 sales |
| 105,000 mi | $14,378 | 308 sales |
| 110,000 mi | $13,998 | 275 sales |
| 115,000 mi | $13,333 | 206 sales |
| 120,000 mi | $12,995 | 141 sales |
| 125,000 mi | $12,985 | 139 sales |
| 130,000 mi | $11,993 | 82 sales |
| 135,000 mi | $10,995 | 75 sales |
| 140,000 mi | $10,665 | 48 sales |
| 145,000 mi | $10,215 | 40 sales |
| 150,000 mi | $10,597 | 32 sales |
| 160,000 mi | $8,999 | 22 sales |
| 165,000 mi | $9,942 | 24 sales |
| 170,000 mi | $9,181 | 12 sales |
Frequently asked questions
Depreciation directly affects the resale value of a 2017 KIA SORENTO, with faster depreciating vehicles typically having lower resale values over time.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Other years of KIA SORENTO
2004 KIA SORENTO
$4,495 average used price
1,600+ sales records
2009 KIA SORENTO
$5,698 average used price
1,400+ sales records
2012 KIA SORENTO
$8,991 average used price
29,300+ sales records
2020 KIA SORENTO
$20,437 average used price
83,700+ sales records
2021 KIA SORENTO
$28,500 average used price
50,400+ sales records
2025 KIA SORENTO
160+ sales records
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