Used 2020 Kia Niro Cost to Own
Total 5-Year Ownership Costs
Niro SUV
LXS 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$29,446*
Total Cash Price
$16,892
LX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$30,051*
Total Cash Price
$16,598
EX Premium 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$32,673*
Total Cash Price
$20,259
Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$31,853*
Total Cash Price
$18,088
Touring SE 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$31,855*
Total Cash Price
$17,425
Depreciation
$9,486
Taxes & Fees
$1,270
Financing
$2,963
Fuel
$4,809
Insurance
$4,284
Repairs
$1,717
Maintenance
$4,917
Ownership Costs: 5-Year Breakdown
2020 Niro SUV LXS 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $807 | $831 | $856 | $882 | $908 | $4,284 |
Maintenance | $972 | $554 | $286 | $1,578 | $1,527 | $4,917 |
Repairs | $243 | $297 | $359 | $445 | $373 | $1,717 |
Taxes & Fees | $898 | $93 | $93 | $93 | $93 | $1,270 |
Financing | $1,015 | $819 | $608 | $382 | $139 | $2,963 |
Depreciation | $3,391 | $1,563 | $1,516 | $1,552 | $1,464 | $9,486 |
Fuel | $906 | $933 | $961 | $990 | $1,019 | $4,809 |
True Cost to Own® | $8,232 | $5,090 | $4,679 | $5,922 | $5,523 | $29,446 |
2020 Niro SUV LX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $807 | $831 | $856 | $882 | $908 | $4,284 |
Maintenance | $972 | $554 | $286 | $1,578 | $1,527 | $4,917 |
Repairs | $243 | $297 | $359 | $445 | $373 | $1,717 |
Taxes & Fees | $884 | $93 | $93 | $93 | $93 | $1,256 |
Financing | $997 | $805 | $598 | $375 | $136 | $2,911 |
Depreciation | $4,156 | $1,563 | $1,515 | $1,554 | $1,464 | $10,252 |
Fuel | $888 | $915 | $942 | $970 | $999 | $4,714 |
True Cost to Own® | $8,947 | $5,058 | $4,649 | $5,897 | $5,500 | $30,051 |
2020 Niro SUV EX Premium 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $786 | $810 | $834 | $859 | $885 | $4,174 |
Maintenance | $972 | $554 | $286 | $1,578 | $1,527 | $4,917 |
Repairs | $243 | $297 | $359 | $445 | $373 | $1,717 |
Taxes & Fees | $1,058 | $93 | $93 | $93 | $93 | $1,430 |
Financing | $1,217 | $982 | $730 | $458 | $166 | $3,553 |
Depreciation | $4,345 | $1,980 | $1,922 | $1,970 | $1,856 | $12,073 |
Fuel | $906 | $933 | $961 | $990 | $1,019 | $4,809 |
True Cost to Own® | $9,527 | $5,649 | $5,185 | $6,393 | $5,919 | $32,673 |
2020 Niro SUV Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $807 | $831 | $856 | $882 | $908 | $4,284 |
Maintenance | $972 | $554 | $286 | $1,834 | $1,527 | $5,173 |
Repairs | $243 | $297 | $359 | $445 | $373 | $1,717 |
Taxes & Fees | $955 | $93 | $93 | $93 | $93 | $1,327 |
Financing | $1,087 | $877 | $651 | $409 | $148 | $3,172 |
Depreciation | $3,439 | $1,860 | $1,805 | $1,848 | $1,743 | $10,695 |
Fuel | $1,033 | $1,064 | $1,096 | $1,129 | $1,163 | $5,485 |
True Cost to Own® | $8,536 | $5,576 | $5,146 | $6,640 | $5,955 | $31,853 |
2020 Niro SUV Touring SE 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $807 | $831 | $856 | $882 | $908 | $4,284 |
Maintenance | $972 | $554 | $286 | $1,834 | $1,527 | $5,173 |
Repairs | $243 | $297 | $359 | $445 | $373 | $1,717 |
Taxes & Fees | $923 | $93 | $93 | $93 | $93 | $1,295 |
Financing | $1,047 | $845 | $627 | $394 | $143 | $3,056 |
Depreciation | $3,703 | $1,830 | $1,776 | $1,820 | $1,716 | $10,845 |
Fuel | $1,033 | $1,064 | $1,096 | $1,129 | $1,163 | $5,485 |
True Cost to Own® | $8,728 | $5,514 | $5,093 | $6,597 | $5,923 | $31,855 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 NiroTrue 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.