Used 2016 Kia Sorento Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Sorento SUV

EX 4dr SUV AWD (2.0L 4cyl Turbo 6A)

True Cost to Own

$44,474*

Total Cash Price

$21,149

EX 4dr SUV (3.3L 6cyl 6A)

True Cost to Own

$38,215*

Total Cash Price

$18,173

LX 4dr SUV (2.4L 4cyl 6A)

True Cost to Own

$32,944*

Total Cash Price

$15,666

Limited 4dr SUV (2.0L 4cyl Turbo 6A)

True Cost to Own

$41,839*

Total Cash Price

$19,896

Limited 4dr SUV AWD (2.0L 4cyl Turbo 6A)

True Cost to Own

$39,533*

Total Cash Price

$18,799

EX 4dr SUV (2.0L 4cyl Turbo 6A)

True Cost to Own

$41,839*

Total Cash Price

$19,896

EX 4dr SUV AWD (3.3L 6cyl 6A)

True Cost to Own

$34,591*

Total Cash Price

$16,449

LX 4dr SUV AWD (2.4L 4cyl 6A)

True Cost to Own

$44,804*

Total Cash Price

$21,306

LX 4dr SUV (3.3L 6cyl 6A)

True Cost to Own

$35,250*

Total Cash Price

$16,763

Limited 4dr SUV (3.3L 6cyl 6A)

True Cost to Own

$43,816*

Total Cash Price

$20,836

Limited 4dr SUV AWD (3.3L 6cyl 6A)

True Cost to Own

$37,886*

Total Cash Price

$18,016

LX 4dr SUV AWD (3.3L 6cyl 6A)

True Cost to Own

$48,098*

Total Cash Price

$22,872

L 4dr SUV (2.4L 4cyl 6A)

True Cost to Own

$36,897*

Total Cash Price

$17,546

SX 4dr SUV (3.3L 6cyl 6A)

True Cost to Own

$48,428*

Total Cash Price

$23,029

SX 4dr SUV AWD (3.3L 6cyl 6A)

True Cost to Own

$48,757*

Total Cash Price

$23,186

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV EX 4dr SUV AWD (2.0L 4cyl Turbo 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$963$991$1,021$1,052$1,083$5,108
Maintenance$2,028$1,917$990$749$2,788$8,471
Repairs$801$406$498$613$753$3,071
Taxes & Fees$1,164$55$55$55$55$1,385
Financing$1,138$914$678$423$154$3,306
Depreciation$5,428$2,202$1,939$1,717$1,542$12,828
Fuel$1,941$1,999$2,059$2,121$2,184$10,305
True Cost to Own®$13,462$8,485$7,239$6,730$8,559$44,474

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV EX 4dr SUV (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$827$851$877$904$930$4,389
Maintenance$1,742$1,647$850$644$2,395$7,279
Repairs$688$349$428$527$647$2,639
Taxes & Fees$1,000$48$48$48$48$1,190
Financing$978$785$582$363$132$2,841
Depreciation$4,664$1,892$1,666$1,476$1,325$11,022
Fuel$1,668$1,718$1,769$1,822$1,877$8,854
True Cost to Own®$11,568$7,291$6,220$5,783$7,354$38,215
Ownership Costs: 5-Year Total

Depreciation

$9,502

Taxes & Fees

$1,026

Financing

$2,449

Fuel

$7,633

Insurance

$3,784

Repairs

$2,275

Maintenance

$6,275

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV LX 4dr SUV (2.4L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$713$734$756$779$802$3,784
Maintenance$1,502$1,420$733$555$2,065$6,275
Repairs$593$301$369$454$558$2,275
Taxes & Fees$862$41$41$41$41$1,026
Financing$843$677$502$313$114$2,449
Depreciation$4,021$1,631$1,436$1,272$1,142$9,502
Fuel$1,438$1,481$1,525$1,571$1,618$7,633
True Cost to Own®$9,972$6,285$5,362$4,985$6,340$32,944

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV Limited 4dr SUV (2.0L 4cyl Turbo 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$906$932$960$989$1,019$4,806
Maintenance$1,908$1,803$931$705$2,623$7,969
Repairs$753$382$469$577$709$2,889
Taxes & Fees$1,095$52$52$52$52$1,303
Financing$1,071$860$638$398$145$3,110
Depreciation$5,107$2,071$1,824$1,615$1,450$12,068
Fuel$1,826$1,881$1,937$1,995$2,055$9,694
True Cost to Own®$12,664$7,982$6,810$6,331$8,052$41,839

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV Limited 4dr SUV AWD (2.0L 4cyl Turbo 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$856$881$907$935$962$4,541
Maintenance$1,802$1,704$880$666$2,478$7,530
Repairs$712$361$443$545$670$2,730
Taxes & Fees$1,034$49$49$49$49$1,231
Financing$1,012$812$602$376$137$2,939
Depreciation$4,825$1,957$1,723$1,526$1,370$11,402
Fuel$1,726$1,777$1,830$1,885$1,942$9,160
True Cost to Own®$11,966$7,542$6,434$5,982$7,608$39,533

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV EX 4dr SUV (2.0L 4cyl Turbo 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$906$932$960$989$1,019$4,806
Maintenance$1,908$1,803$931$705$2,623$7,969
Repairs$753$382$469$577$709$2,889
Taxes & Fees$1,095$52$52$52$52$1,303
Financing$1,071$860$638$398$145$3,110
Depreciation$5,107$2,071$1,824$1,615$1,450$12,068
Fuel$1,826$1,881$1,937$1,995$2,055$9,694
True Cost to Own®$12,664$7,982$6,810$6,331$8,052$41,839

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV EX 4dr SUV AWD (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$749$771$794$818$842$3,973
Maintenance$1,577$1,491$770$583$2,168$6,589
Repairs$623$316$387$477$586$2,389
Taxes & Fees$905$43$43$43$43$1,077
Financing$885$711$527$329$120$2,571
Depreciation$4,222$1,713$1,508$1,336$1,199$9,977
Fuel$1,510$1,555$1,601$1,650$1,699$8,015
True Cost to Own®$10,471$6,599$5,630$5,234$6,657$34,591

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV LX 4dr SUV AWD (2.4L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$970$998$1,028$1,059$1,091$5,146
Maintenance$2,043$1,931$997$755$2,808$8,534
Repairs$806$409$502$617$759$3,094
Taxes & Fees$1,172$56$56$56$56$1,395
Financing$1,146$921$683$426$155$3,331
Depreciation$5,469$2,218$1,953$1,730$1,553$12,923
Fuel$1,956$2,014$2,074$2,137$2,200$10,381
True Cost to Own®$13,562$8,548$7,292$6,780$8,622$44,804

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV LX 4dr SUV (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$763$785$809$834$858$4,049
Maintenance$1,607$1,519$784$594$2,210$6,714
Repairs$635$322$395$486$597$2,434
Taxes & Fees$922$44$44$44$44$1,098
Financing$902$724$537$335$122$2,620
Depreciation$4,302$1,745$1,537$1,361$1,222$10,167
Fuel$1,539$1,585$1,632$1,681$1,731$8,167
True Cost to Own®$10,670$6,725$5,737$5,334$6,784$35,250

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV Limited 4dr SUV (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$948$976$1,005$1,036$1,067$5,033
Maintenance$1,998$1,889$975$738$2,746$8,346
Repairs$789$400$491$604$742$3,026
Taxes & Fees$1,146$55$55$55$55$1,365
Financing$1,121$900$668$416$152$3,257
Depreciation$5,348$2,169$1,910$1,692$1,519$12,638
Fuel$1,913$1,970$2,028$2,089$2,152$10,152
True Cost to Own®$13,263$8,359$7,131$6,630$8,432$43,816

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV Limited 4dr SUV AWD (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$820$844$869$896$922$4,352
Maintenance$1,727$1,633$843$638$2,375$7,216
Repairs$682$346$424$522$642$2,616
Taxes & Fees$991$47$47$47$47$1,180
Financing$969$779$577$360$131$2,816
Depreciation$4,624$1,876$1,651$1,463$1,313$10,927
Fuel$1,654$1,703$1,754$1,807$1,861$8,778
True Cost to Own®$11,468$7,228$6,166$5,733$7,291$37,886

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV LX 4dr SUV AWD (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,041$1,072$1,104$1,137$1,171$5,525
Maintenance$2,193$2,073$1,070$810$3,015$9,162
Repairs$866$439$539$663$815$3,322
Taxes & Fees$1,259$60$60$60$60$1,498
Financing$1,231$988$733$457$166$3,576
Depreciation$5,871$2,381$2,097$1,857$1,667$13,873
Fuel$2,099$2,162$2,227$2,294$2,362$11,144
True Cost to Own®$14,559$9,176$7,829$7,278$9,256$48,098

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV L 4dr SUV (2.4L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$799$822$847$872$898$4,238
Maintenance$1,682$1,590$821$622$2,313$7,028
Repairs$664$337$413$508$625$2,548
Taxes & Fees$965$46$46$46$46$1,149
Financing$944$758$562$351$128$2,743
Depreciation$4,504$1,827$1,608$1,425$1,279$10,642
Fuel$1,611$1,659$1,708$1,760$1,812$8,549
True Cost to Own®$11,169$7,039$6,005$5,583$7,101$36,897

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV SX 4dr SUV (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,048$1,079$1,111$1,145$1,179$5,562
Maintenance$2,208$2,087$1,078$816$3,036$9,224
Repairs$872$442$542$667$820$3,344
Taxes & Fees$1,267$60$60$60$60$1,508
Financing$1,239$995$738$460$168$3,600
Depreciation$5,911$2,398$2,111$1,870$1,679$13,968
Fuel$2,114$2,177$2,242$2,309$2,378$11,221
True Cost to Own®$14,659$9,239$7,882$7,328$9,320$48,428

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sorento SUV SX 4dr SUV AWD (3.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,055$1,086$1,119$1,153$1,187$5,600
Maintenance$2,223$2,102$1,085$821$3,056$9,287
Repairs$878$445$546$672$826$3,367
Taxes & Fees$1,276$61$61$61$61$1,518
Financing$1,248$1,002$743$463$169$3,625
Depreciation$5,951$2,414$2,125$1,883$1,690$14,063
Fuel$2,128$2,192$2,257$2,325$2,395$11,297
True Cost to Own®$14,759$9,302$7,936$7,378$9,383$48,757

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

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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.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2016 Kia Sorento in Virginia is:

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