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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | - | $17,595 | $17,595 | ||
2023 | $804 | $16,791 | $14,764 | ||
2024 | $2,684 | $14,107 | $11,998 | ||
Now | $1,683 | $12,424 | $10,315 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 2312 lbs. | ||
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EPA Passenger | 83.0 cu.ft. | ||
Fuel Capacity | 9.0 gallons | ||
Front Head Room | 39.0 inches | ||
Front Leg Room | 41.7 inches | ||
Max Seating Capacity | 4 | ||
Overall Length | 143.1 inches | ||
Front Shoulder Room | 50.8 inches | ||
Trunk or Cargo Capacity | 27.2 cu.ft. | ||
Turning Diameter | 33.8 feet | ||
Wheel Base | 93.9 inches |
Alloy Wheels | Available | ||
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Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors |
City | 30 mpg | ||
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Highway | 38 mpg | ||
Combined | 33 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 98 @ 6200 RPM | ||
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Torque | 94 @ 4400 rpm | ||
Engine | 4-Cyl, ECOTEC, 1.4 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 60000 miles | ||
Corrosion | 6 years / 100000 miles |
One of the cheapest new cars. Easy on gas. Parking is a cinch. Apple CarPlay/Android Auto comes as standard.
Hand-cranked windows in the base trim. Underpowered. Driver assistance features become optional at the top trim level.
Used 2022 Chevrolet Spark 1LT Hatchback 4D | Used 2024 Mitsubishi Mirage | Used 2023 Kia Rio | ||
---|---|---|---|---|
Price | $13,282 | $13,800 | $15,042 | |
KBB.com Rating | 3.5 | 3.1 | 4.3 | |
Consumer Rating | 4.2 | 4.3 | 3.8 | |
Fuel Economy | City 30/Hwy 38/Comb 33 MPG | City 36/Hwy 43/Comb 39 MPG | City 32/Hwy 41/Comb 36 MPG | |
Fuel Type | Gas | Gas | Gas | |
Safety Rating | N/A | 4.0 | N/A | |
Seating Capacity | 4 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 5 years or 60000 miles | |
Horsepower | 98 @ 6200 RPM | 78 @ 6000 RPM | 120 @ 6300 RPM | |
Engine | 4-Cyl, ECOTEC, 1.4 Liter | 3-Cyl, 1.2 Liter | 4-Cyl, 1.6 Liter | |
Drivetrain | FWD | FWD | FWD |