Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 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) 2018 KIA SPORTAGE in 2018 was $26,500.
The average price for used 2018 KIA SPORTAGE nowadays in 2024 is $15,775 which is 60% from the original price.
Estimated mileage driven per year is 11,413 miles.
The graph below is a depreciation curve for 2018 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 2018 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 | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $26,500 | — | — | 100% | 0% |
| 2018 | 11,413 mi | $31,200 | −$4,700 | −17.74% | 117.74% | -17.74% |
| 2019 | 22,826 mi | $26,271 | +$4,929 | +15.8% | 99.14% | 0.86% |
| 2020 | 34,239 mi | $21,498 | +$4,773 | +18.17% | 81.12% | 18.88% |
| 2021 | 45,652 mi | $20,495 | +$1,003 | +4.67% | 77.34% | 22.66% |
| 2022 | 57,065 mi | $18,991 | +$1,504 | +7.34% | 71.66% | 28.34% |
| 2023 | 68,478 mi | $16,998 | +$1,993 | +10.49% | 64.14% | 35.86% |
| 2024 | 79,891 mi | $15,775 | +$1,223 | +7.19% | 59.53% | 40.47% |
| 2025 | 91,304 mi | $14,571 | +$1,204 | +7.63% | 54.98% | 45.02% |
| 2026 | 102,717 mi | $12,559 | +$2,012 | +13.81% | 47.39% | 52.61% |
| 2027 | 114,130 mi | $12,127 | +$432 | +3.44% | 45.76% | 54.24% |
| 2028 | 125,543 mi | $11,000 | +$1,127 | +9.29% | 41.51% | 58.49% |
| 2029 | 136,956 mi | $10,494 | +$506 | +4.6% | 39.6% | 60.4% |
| 2030 | 148,369 mi | $9,500 | +$994 | +9.47% | 35.85% | 64.15% |
| 2031 | 159,782 mi | $8,291 | +$1,209 | +12.73% | 31.29% | 68.71% |
| 2032 | 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 2018 KIA SPORTAGE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 KIA SPORTAGE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $23,997 | 14 sales |
| 10,000 mi | $21,998 | 22 sales |
| 15,000 mi | $21,742 | 53 sales |
| 20,000 mi | $19,994 | 66 sales |
| 25,000 mi | $19,998 | 123 sales |
| 30,000 mi | $19,795 | 161 sales |
| 35,000 mi | $19,990 | 236 sales |
| 40,000 mi | $18,998 | 271 sales |
| 45,000 mi | $18,980 | 366 sales |
| 50,000 mi | $18,225 | 355 sales |
| 55,000 mi | $17,998 | 386 sales |
| 60,000 mi | $17,978 | 371 sales |
| 65,000 mi | $17,000 | 390 sales |
| 70,000 mi | $16,994 | 377 sales |
| 75,000 mi | $16,306 | 333 sales |
| 80,000 mi | $15,911 | 325 sales |
| 85,000 mi | $15,500 | 325 sales |
| 90,000 mi | $15,000 | 270 sales |
| 95,000 mi | $14,667 | 283 sales |
| 100,000 mi | $14,500 | 246 sales |
| 105,000 mi | $14,499 | 167 sales |
| 110,000 mi | $13,825 | 183 sales |
| 115,000 mi | $13,900 | 155 sales |
| 120,000 mi | $12,995 | 113 sales |
| 125,000 mi | $12,987 | 88 sales |
| 130,000 mi | $13,050 | 44 sales |
| 135,000 mi | $11,702 | 45 sales |
| 140,000 mi | $12,000 | 31 sales |
| 145,000 mi | $11,995 | 27 sales |
| 150,000 mi | $11,196 | 22 sales |
| 155,000 mi | $9,980 | 16 sales |
| 160,000 mi | $12,475 | 15 sales |
| 165,000 mi | $9,785 | 12 sales |
Frequently asked questions
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.
Depreciation directly affects the resale value of a 2018 KIA SPORTAGE, 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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Other years of KIA SPORTAGE
1997 KIA SPORTAGE
40+ sales records
2007 KIA SPORTAGE
$5,490 average used price
3,400+ sales records
2008 KIA SPORTAGE
$4,999 average used price
3,700+ sales records
2009 KIA SPORTAGE
$5,995 average used price
4,800+ sales records
2010 KIA SPORTAGE
$6,850 average used price
1,600+ sales records
2023 KIA SPORTAGE
$26,271 average used price
2,800+ sales records
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2018 KIA SPORTAGE on BADVIN
