Fair market value
Kia Rio prices by model year
Start with the 2023 market price, then compare earlier model years.
2023 fair price
$16,690
Mileage-adjusted from live market listings
Avg. depreciation / yr
12%
5-yr cost to own
$13,756
Pricing by model year
| Model year | Fair price | MSRP | |
|---|---|---|---|
| 2023 | $16,690 | $16,750 | View 2023 pricing → |
| 2022 | $14,660 | $16,150 | View 2022 pricing → |
| 2021 | $14,056 | $16,050 | View 2021 pricing → |
| 2020 | $11,575 | $15,850 | View 2020 pricing → |
| 2019 | $9,854 | $15,390 | View 2019 pricing → |
| 2018 | $9,075 | $14,990 | View 2018 pricing → |
| 2017 | $7,571 | $15,395 | View 2017 pricing → |
| 2016 | $7,064 | $15,395 | View 2016 pricing → |
Market demand
The Kia Rio has about 44 days of national market supply — a fairly balanced market. See each model year for the negotiating-leverage read.
Depreciation
The Kia Rio depreciates about 12% per year. See the full depreciation curve →
Cost to own (5 years)
Estimated 5-year depreciation + fuel of about $13,756 (insurance, maintenance, and repairs excluded). See the breakdown →
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Prices are computed from live market listings, adjusted for mileage · updated 8/28/2026. Estimates only; your price depends on condition, options, and location.