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Used 2020 Kia Niro EV Cost to Own

Total 5-Year Ownership Costs

Niro EV SUV

EX 4dr SUV (electric DD)

True Cost to Own

$29,671*

Total Cash Price

$17,400

EX Premium 4dr SUV (electric DD)

True Cost to Own

$31,475*

Total Cash Price

$18,473

This car may qualify for a Federal EV Tax Credit. See 2020 Kia Niro EV Incentives
Ownership Costs: 5-Year Total

Depreciation

$11,363

Taxes & Fees

$1,294

Financing

$3,052

Fuel

$2,824

Insurance

$4,327

Repairs

$1,717

Maintenance

$5,094

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Niro EV SUV EX 4dr SUV (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$815$839$865$891$917$4,327
Maintenance$756$1,071$456$1,604$1,207$5,094
Repairs$243$297$359$445$373$1,717
Taxes & Fees$922$93$93$93$93$1,294
Financing$1,045$844$627$393$143$3,052
Depreciation$4,091$1,853$1,857$1,844$1,718$11,363
Fuel$532$548$564$581$599$2,824
True Cost to Own®$8,404$5,545$4,821$5,851$5,050$29,671
Selected Model:

2020 Niro EV SUV EX Premium 4dr SUV (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$808$832$857$883$909$4,289
Maintenance$756$1,071$456$1,604$1,207$5,094
Repairs$243$297$359$445$373$1,717
Taxes & Fees$973$93$93$93$93$1,345
Financing$1,110$896$665$417$152$3,240
Depreciation$4,258$2,368$2,287$2,408$1,645$12,966
Fuel$532$548$564$581$599$2,824
True Cost to Own®$8,680$6,105$5,281$6,431$4,978$31,475
Ownership costs do not include any Federal EV Tax Credits. See 2020 Kia Niro EV Incentives

*Based on a 5-year estimate with 15,000 miles driven per year.

Shop nowLearn about the 2020 Niro EV 

True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.