2023 Kia Niro Cost to Own
Total 5-Year Ownership Costs
Niro SUV
EX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$37,027*
Total Cash Price
$31,836
EX Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$39,506*
Total Cash Price
$33,898
LX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$34,856*
Total Cash Price
$28,874
SX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$39,703*
Total Cash Price
$35,309
SX Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
True Cost to Own
$41,933*
Total Cash Price
$37,430
Ownership Costs: 5-Year Breakdown
2023 Niro SUV EX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $674 | $698 | $722 | $747 | $773 | $3,614 |
Maintenance | $292 | $495 | $388 | $1,420 | $1,090 | $3,685 |
Repairs | $0 | $0 | $0 | $0 | $549 | $549 |
Taxes & Fees | $2,188 | $35 | $35 | $35 | $35 | $2,328 |
Financing | $2,114 | $1,712 | $1,275 | $804 | $292 | $6,197 |
Depreciation | $7,510 | $1,997 | $1,889 | $2,216 | $2,099 | $15,711 |
Fuel | $931 | $959 | $988 | $1,017 | $1,048 | $4,943 |
True Cost to Own® | $13,709 | $5,896 | $5,297 | $6,239 | $5,886 | $37,027 |
Ownership Costs: 5-Year Breakdown
2023 Niro SUV EX Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $720 | $745 | $771 | $798 | $826 | $3,860 |
Maintenance | $292 | $495 | $388 | $1,643 | $1,090 | $3,908 |
Repairs | $0 | $0 | $0 | $0 | $549 | $549 |
Taxes & Fees | $2,328 | $35 | $35 | $35 | $35 | $2,468 |
Financing | $2,251 | $1,822 | $1,359 | $855 | $312 | $6,599 |
Depreciation | $9,059 | $1,880 | $1,778 | $2,085 | $1,975 | $16,777 |
Fuel | $1,007 | $1,037 | $1,068 | $1,100 | $1,133 | $5,345 |
True Cost to Own® | $15,657 | $6,014 | $5,399 | $6,516 | $5,920 | $39,506 |
Ownership Costs: 5-Year Breakdown
2023 Niro SUV LX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $720 | $745 | $771 | $798 | $826 | $3,860 |
Maintenance | $292 | $495 | $388 | $1,420 | $1,090 | $3,685 |
Repairs | $0 | $0 | $0 | $0 | $549 | $549 |
Taxes & Fees | $1,988 | $35 | $35 | $35 | $35 | $2,128 |
Financing | $1,917 | $1,553 | $1,157 | $729 | $265 | $5,621 |
Depreciation | $6,851 | $1,757 | $1,663 | $1,951 | $1,848 | $14,070 |
Fuel | $931 | $959 | $988 | $1,017 | $1,048 | $4,943 |
True Cost to Own® | $12,699 | $5,544 | $5,002 | $5,950 | $5,661 | $34,856 |
Ownership Costs: 5-Year Breakdown
2023 Niro SUV SX 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $674 | $698 | $722 | $747 | $773 | $3,614 |
Maintenance | $292 | $495 | $388 | $1,420 | $1,090 | $3,685 |
Repairs | $0 | $0 | $0 | $0 | $549 | $549 |
Taxes & Fees | $2,423 | $35 | $35 | $35 | $35 | $2,563 |
Financing | $2,345 | $1,898 | $1,415 | $891 | $324 | $6,873 |
Depreciation | $9,435 | $1,958 | $1,853 | $2,172 | $2,058 | $17,476 |
Fuel | $931 | $959 | $988 | $1,017 | $1,048 | $4,943 |
True Cost to Own® | $16,100 | $6,043 | $5,401 | $6,282 | $5,877 | $39,703 |
Ownership Costs: 5-Year Breakdown
2023 Niro SUV SX Touring 4dr SUV (1.6L 4cyl gas/electric hybrid 6AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $674 | $698 | $722 | $747 | $773 | $3,614 |
Maintenance | $292 | $495 | $388 | $1,643 | $1,090 | $3,908 |
Repairs | $0 | $0 | $0 | $0 | $549 | $549 |
Taxes & Fees | $2,567 | $35 | $35 | $35 | $35 | $2,707 |
Financing | $2,486 | $2,012 | $1,500 | $944 | $344 | $7,286 |
Depreciation | $9,999 | $2,076 | $1,964 | $2,303 | $2,182 | $18,524 |
Fuel | $1,007 | $1,037 | $1,068 | $1,100 | $1,133 | $5,345 |
True Cost to Own® | $17,025 | $6,353 | $5,677 | $6,772 | $6,106 | $41,933 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2023 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.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2023 Kia Niro in Ohio is:
not available