The Kia Optima holds its value well, and it has not depreciated over the first three years that it was owned. When the car is driven less than 15k miles per year, its value to the private buyer is greater than any other car in its class.
During a 5-year period, the price of a Kia Optima will depreciate 49%. It has a 5-year sale price of around $14,000. What we expect is that it will cost you about $28,000 to buy it brand new.
Is it Better to Buy a New Kia Optima vs. a Used One?
If you buy a used Kia optima that is two years old, you can save over $12,000 compared to buying a new one. Moreover, two years isn’t a very old age, so it is still likely to have lots of use left in it.
If you plan to keep the vehicle for three years, you will be responsible for the depreciation on this vehicle, which would amount to about over $1,000. If this is a vehicle that was released recently and it is not possible to buy one that is a few years old, then you should consider another vehicle or wait for other Optima models to become available.
What are the Best Years for You to Buy a Kia Optima?
As for the 2020 Kia Optima, this is our favorite pick for the best value for money. With the 2020 model, you will be paying only 62% of the price compared to one that is brand new. Also, you will still have about 92% of the vehicle’s life remaining. When it comes to buying an Optima, the 2019 and 2018 model years are also good choices.
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Why Buy a Kia Optima: Safety Features
All trim levels of the new Kia Optima, including the exterior, interior, and side-curtain airbags, come as a standard. As for stability and traction control, as well as anti-lock disc brakes, those are also included in the package.
With the top-level packages, you can choose from a range of technologically advanced safety options, such as roadside assistance and a rearview camera. This system will allow driver restriction and driver tracking for secondary vehicle operators, both of which will be available through the upgraded Uvo telematics system. Finally, the rear doors and window controls on each Kia Optima are child-proof, and there are anchors and tethers for child booster seats.
How to Maintain the Value of a Kia Optima
Aside from keeping watch of depreciation rates and rankings, keeping the value of a Kia Optima at its optimal level also comes down to how one takes care of the car.
If you’re an owner of a Kia Optima, it is helpful to take good care of the engine and drivetrain by performing regular maintenance and making sure that they are properly lubricated. A Kia Optima will also be much easier to maintain than other cars. If you have an Optima with the base engine, it is likely that you will be able to do basic maintenance on it.