2024 Kia Sorento: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Kia Sorento costs $43,217 to own over 5 years, or $720/month. The biggest expenses are depreciation ($15,693) and insurance ($10,320).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$43,217
$720/month • $1/mile
Cost Breakdown
Depreciation$15,693 (36%)
Insurance$10,320 (24%)
Fuel/Energy$8,885 (21%)
Maintenance$2,310 (5%)
Financing$5,649 (13%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,676 | $2,064 | $1,777 | $462 | $9,979 |
| Year 2 | $2,504 | $2,064 | $1,777 | $462 | $6,807 |
| Year 3 | $2,504 | $2,064 | $1,777 | $462 | $6,807 |
| Year 4 | $2,504 | $2,064 | $1,777 | $462 | $6,807 |
| Year 5 | $2,504 | $2,064 | $1,777 | $462 | $6,807 |
Key Facts
1-Year Depreciation
17% ($5,676)
5-Year Depreciation
47% ($15,693)
Annual Repair Cost
$562
Annual Maintenance
$462
These are estimates based on state averages. Your exact rate depends on your specific profile.
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