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Depreciation

2004 Kia Sorento Depreciation

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2004 Kia Sorento

A 2004 Kia Sorento has depreciated $623 or 22% in the last 3 years and has a current resale value of $2,119 and trade-in value of $682.

A 2004 Kia Sorento has depreciated $623 or 22% in the last 3 years and has a current resale value of $2,119 and trade-in value of $682.

Average Loss of Value

The 2004 Kia Sorento is in the 25-75% percentile for depreciation among all 2004 SUVs.

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2004 Kia Sorento
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2004 Kia Sorento Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$430
$2,742
$1,416
2023
$502
$2,240
$821
2024
$64
$2,176
$749
Now
$57
$2,119
$682
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2004 Kia Sorento Depreciation

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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Managing 2004 Kia Sorento Depreciation

Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.

Driving Habits

Use good driving habits
Limit your mileage

Maintenance and Upkeep

Perform regular maintenance
Maintain cleanliness
Keep your car protected

Service Advisor

Our specialized Service Advisor pages are tailored to your car's make and model, helping you stay on top of maintenance schedules, receive recall alerts, and more.

FAQs

According to Kelley Blue Book, a 2004 Kia Sorento depreciated about 22% over the last three years. Generally the 2004 Kia Sorento is in the 25-75% percentile for depreciation among all 2004 SUVs. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 2004 Kia Sorento is in the 25-75% percentile for depreciation among all 2004 SUVs. Over the last 3 years it retained 78% of its value.

A 2004 Kia Sorento has depreciated an average of about $207 per year for the last 3 years. It has dropped a total of $623 in value in that time and has a current resale value of $2,119 and a trade-in value of $682. Generally the 2004 Kia Sorento is in the 25-75% percentile for depreciation among all 2004 SUVs.

A 2004 Kia Sorento has depreciated 22% in the last 3 years and has a resale value of $2,119. Overall, the 2004 Kia Sorento is in the 25-75% percentile for depreciation among all 2004 SUVs.

A 2004 Kia Sorento has depreciated 22% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.

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