What is the depreciation rate for 2007 Kia Sportage?

Question:
I am thinking of purchase a 2007 Kia Sportage. I want to get the best deal possible . However i can't get it until end of January. Obviouslty by then it has depreciated in value by certain percentage. I want to know what is that certain percentage. Please help and happy new year to y'all!

Answers:

Is there such a thing as a voluntary repossession of your car?

i believe the best way to determine that is to call your bank or credit union and find out the current value of the car, subtract that from the price of it and the difference would be the depreciation...divide the current value by the price and that would be the percentage of depreciation..good luck

My first car?

The depreciation does not happen unless it is USED. You realize that right?

I need a car that is good on gas. What car can I buy with around $5000 used of course?


Kia's are one of the few cars that probably depreciate even faster than Hyundai's and Chevy Cavaliers.

Is there a limit to how many vehicles an individual (non-dealer) can sell in Ontario?


Buying a NEW Kia or Hyundai makes no economic sense whatsoever. You save 15% over what a comprable Honda or Toyota would cost, either of which will be a much much better car to own, then you lose WAY more than you saved in depreciation.

What is the best/cheapest/easiest and fastest way to advertise and sell a used vehicle?


So basically you pay more for the priviledge of owning a car that isn't nearly as good. Not smart.

Buying or Leasing a car?


Check Edmunds.com and read about TCO (True Cost of Ownership) if you still don't understand what I am talking about.

should i postpone major cosmetic surgery on my leg in january and instead buy a seiko watch in plymouth?


Buying a new Korean or American car is almost ALWAYS like throwing money away.

What Dutys, Taxes and Surcharges do I have to pay when I buy a car in the USA and bring it back to CANADA?


If you really really want a Kia, be smart and buy a used one with low mileage. You'll get an amazing deal on your unreliable Korean car then at least. :)

Honda Civic Si Sedan vs. Jetta 2.0 - which is a better choice?? young enthusiast buying new car?

Kias are reliable cars. Their minivan was rated the safest ever tested in the US beating Toyota, Honda, etc. Good warranty, low price, and reliably built.

Who gets first dibs on all of the 50's cars in Cuba when Castro dies?


As far as getting the best deal goes, waiting does nothing when it comes to new cars. It will be the same a month, two months, three months from now.
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