Used 2020 Kia Optima Cost to Own
Total 5-Year Ownership Costs
Optima Sedan
LX 4dr Sedan (2.4L 4cyl 6A)
True Cost to Own
$35,509*
Total Cash Price
$18,527
S 4dr Sedan (2.4L 4cyl 6A)
True Cost to Own
$34,847*
Total Cash Price
$18,386
SE 4dr Sedan (2.4L 4cyl 6A)
True Cost to Own
$36,421*
Total Cash Price
$19,805
EX Premium 4dr Sedan (1.6L 4cyl Turbo 7AM)
True Cost to Own
$37,464*
Total Cash Price
$21,516
SX 4dr Sedan (2.0L 4cyl Turbo 6A)
True Cost to Own
$40,613*
Total Cash Price
$21,886
EX 4dr Sedan (1.6L 4cyl Turbo 7AM)
True Cost to Own
$35,366*
Total Cash Price
$19,841
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan LX 4dr Sedan (2.4L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $746 | $768 | $791 | $815 | $840 | $3,960 |
Maintenance | $1,545 | $868 | $645 | $486 | $1,924 | $5,468 |
Repairs | $510 | $260 | $317 | $388 | $474 | $1,949 |
Taxes & Fees | $1,289 | $35 | $35 | $35 | $35 | $1,429 |
Financing | $1,230 | $996 | $743 | $467 | $171 | $3,607 |
Depreciation | $4,430 | $1,513 | $1,412 | $1,465 | $1,245 | $10,065 |
Fuel | $1,701 | $1,752 | $1,805 | $1,859 | $1,914 | $9,031 |
True Cost to Own® | $11,451 | $6,192 | $5,748 | $5,515 | $6,603 | $35,509 |
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan S 4dr Sedan (2.4L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $714 | $735 | $757 | $780 | $804 | $3,790 |
Maintenance | $1,781 | $868 | $645 | $486 | $2,160 | $5,940 |
Repairs | $510 | $260 | $317 | $388 | $474 | $1,949 |
Taxes & Fees | $1,279 | $35 | $35 | $35 | $35 | $1,419 |
Financing | $1,221 | $988 | $737 | $464 | $169 | $3,579 |
Depreciation | $3,249 | $1,853 | $963 | $1,287 | $1,106 | $8,458 |
Fuel | $1,829 | $1,884 | $1,941 | $1,999 | $2,059 | $9,712 |
True Cost to Own® | $10,583 | $6,623 | $5,395 | $5,439 | $6,807 | $34,847 |
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan SE 4dr Sedan (2.4L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $714 | $735 | $757 | $780 | $804 | $3,790 |
Maintenance | $1,781 | $868 | $645 | $486 | $2,160 | $5,940 |
Repairs | $510 | $260 | $317 | $388 | $474 | $1,949 |
Taxes & Fees | $1,375 | $35 | $35 | $35 | $35 | $1,515 |
Financing | $1,315 | $1,065 | $793 | $500 | $182 | $3,855 |
Depreciation | $4,202 | $1,941 | $1,009 | $1,349 | $1,159 | $9,660 |
Fuel | $1,829 | $1,884 | $1,941 | $1,999 | $2,059 | $9,712 |
True Cost to Own® | $11,726 | $6,788 | $5,497 | $5,537 | $6,873 | $36,421 |
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan EX Premium 4dr Sedan (1.6L 4cyl Turbo 7AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $714 | $735 | $757 | $780 | $804 | $3,790 |
Maintenance | $1,788 | $1,022 | $672 | $474 | $2,167 | $6,123 |
Repairs | $643 | $327 | $400 | $489 | $598 | $2,457 |
Taxes & Fees | $1,491 | $35 | $35 | $35 | $35 | $1,631 |
Financing | $1,429 | $1,156 | $863 | $543 | $197 | $4,188 |
Depreciation | $4,365 | $2,296 | $1,193 | $1,596 | $1,372 | $10,822 |
Fuel | $1,592 | $1,640 | $1,689 | $1,740 | $1,792 | $8,453 |
True Cost to Own® | $12,022 | $7,211 | $5,609 | $5,657 | $6,965 | $37,464 |
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan SX 4dr Sedan (2.0L 4cyl Turbo 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $714 | $735 | $757 | $780 | $804 | $3,790 |
Maintenance | $1,841 | $1,022 | $811 | $441 | $2,240 | $6,355 |
Repairs | $643 | $327 | $400 | $489 | $598 | $2,457 |
Taxes & Fees | $1,516 | $35 | $35 | $35 | $35 | $1,656 |
Financing | $1,453 | $1,177 | $877 | $552 | $201 | $4,260 |
Depreciation | $4,259 | $2,383 | $1,904 | $1,524 | $1,109 | $11,179 |
Fuel | $2,056 | $2,118 | $2,181 | $2,247 | $2,314 | $10,916 |
True Cost to Own® | $12,482 | $7,797 | $6,965 | $6,068 | $7,301 | $40,613 |
Ownership Costs: 5-Year Breakdown
2020 Optima Sedan EX 4dr Sedan (1.6L 4cyl Turbo 7AM)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $676 | $696 | $717 | $739 | $761 | $3,589 |
Maintenance | $1,552 | $1,022 | $672 | $474 | $1,931 | $5,651 |
Repairs | $643 | $327 | $400 | $489 | $598 | $2,457 |
Taxes & Fees | $1,378 | $35 | $35 | $35 | $35 | $1,518 |
Financing | $1,318 | $1,066 | $795 | $501 | $182 | $3,862 |
Depreciation | $4,474 | $1,221 | $1,402 | $1,700 | $1,039 | $9,836 |
Fuel | $1,592 | $1,640 | $1,689 | $1,740 | $1,792 | $8,453 |
True Cost to Own® | $11,633 | $6,007 | $5,710 | $5,678 | $6,338 | $35,366 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 OptimaTrue 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 2020 Kia Optima in Ohio is:
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