Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 KIA SPORTAGE'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) 2007 KIA SPORTAGE in 2007 was $26,500.
The average price for used 2007 KIA SPORTAGE nowadays in 2024 is $5,490 which is 21% from the original price.
Estimated mileage driven per year is 11,413 miles.
The graph below is a depreciation curve for 2007 KIA SPORTAGE. 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 2007 KIA SPORTAGE 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 | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $26,500 | — | — | 100% | 0% |
| 2007 | 11,413 mi | $31,200 | −$4,700 | −17.74% | 117.74% | -17.74% |
| 2008 | 22,826 mi | $26,271 | +$4,929 | +15.8% | 99.14% | 0.86% |
| 2009 | 34,239 mi | $21,498 | +$4,773 | +18.17% | 81.12% | 18.88% |
| 2010 | 45,652 mi | $20,495 | +$1,003 | +4.67% | 77.34% | 22.66% |
| 2011 | 57,065 mi | $18,991 | +$1,504 | +7.34% | 71.66% | 28.34% |
| 2012 | 68,478 mi | $16,998 | +$1,993 | +10.49% | 64.14% | 35.86% |
| 2013 | 79,891 mi | $15,775 | +$1,223 | +7.19% | 59.53% | 40.47% |
| 2014 | 91,304 mi | $14,571 | +$1,204 | +7.63% | 54.98% | 45.02% |
| 2015 | 102,717 mi | $12,559 | +$2,012 | +13.81% | 47.39% | 52.61% |
| 2016 | 114,130 mi | $12,127 | +$432 | +3.44% | 45.76% | 54.24% |
| 2017 | 125,543 mi | $11,000 | +$1,127 | +9.29% | 41.51% | 58.49% |
| 2018 | 136,956 mi | $10,494 | +$506 | +4.6% | 39.6% | 60.4% |
| 2019 | 148,369 mi | $9,500 | +$994 | +9.47% | 35.85% | 64.15% |
| 2020 | 159,782 mi | $8,291 | +$1,209 | +12.73% | 31.29% | 68.71% |
| 2021 | 171,195 mi | $6,850 | +$1,441 | +17.38% | 25.85% | 74.15% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the KIA SPORTAGE’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 2007 KIA SPORTAGE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 KIA SPORTAGE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 45,000 mi | $7,995 | 17 sales |
| 50,000 mi | $7,423 | 21 sales |
| 55,000 mi | $7,495 | 23 sales |
| 60,000 mi | $7,495 | 20 sales |
| 65,000 mi | $6,997 | 32 sales |
| 70,000 mi | $6,990 | 39 sales |
| 75,000 mi | $6,995 | 47 sales |
| 80,000 mi | $6,800 | 57 sales |
| 85,000 mi | $6,300 | 49 sales |
| 90,000 mi | $6,549 | 70 sales |
| 95,000 mi | $5,999 | 62 sales |
| 100,000 mi | $5,753 | 82 sales |
| 105,000 mi | $6,398 | 115 sales |
| 110,000 mi | $5,495 | 77 sales |
| 115,000 mi | $5,490 | 129 sales |
| 120,000 mi | $5,703 | 87 sales |
| 125,000 mi | $4,995 | 81 sales |
| 130,000 mi | $5,000 | 96 sales |
| 135,000 mi | $4,991 | 134 sales |
| 140,000 mi | $5,497 | 76 sales |
| 145,000 mi | $4,995 | 125 sales |
| 150,000 mi | $4,995 | 127 sales |
| 155,000 mi | $4,999 | 85 sales |
| 160,000 mi | $4,900 | 105 sales |
| 165,000 mi | $4,611 | 73 sales |
| 170,000 mi | $4,500 | 76 sales |
| 175,000 mi | $4,756 | 54 sales |
| 180,000 mi | $4,760 | 57 sales |
| 185,000 mi | $4,988 | 40 sales |
| 190,000 mi | $4,547 | 42 sales |
| 195,000 mi | $3,873 | 44 sales |
| 200,000 mi | $4,495 | 27 sales |
| 205,000 mi | $3,925 | 30 sales |
| 210,000 mi | $3,500 | 21 sales |
| 215,000 mi | $4,500 | 25 sales |
| 220,000 mi | $3,998 | 20 sales |
| 225,000 mi | $3,799 | 14 sales |
| 230,000 mi | $2,999 | 15 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.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
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.
Other years of KIA SPORTAGE
1997 KIA SPORTAGE
40+ sales records
1998 KIA SPORTAGE
50+ sales records
1999 KIA SPORTAGE
50+ sales records
2006 KIA SPORTAGE
$4,995 average used price
2,900+ sales records
2014 KIA SPORTAGE
$11,000 average used price
15,500+ sales records
2018 KIA SPORTAGE
$15,775 average used price
73,800+ sales records
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2007 KIA SPORTAGE on BADVIN
