The Estimated Total Cost to Own a Kia Forte
Owning a Kia Forte can be a smart choice for those looking for a compact car that offers exceptional value and reliability.
Easterns Automotive serves as your trusted dealership for finding your pre-owned Kia Forte. However, if you’re thinking about making the Kia Forte your next vehicle, you should be aware of the various costs you’ll need to budget for.
Initial Purchase Price of the Kia Forte
The Kia Forte is known to be affordable in comparison to similar vehicles and comes with the latest technology, safety features and a comprehensive warranty.
Purchasing a pre-owned Kia Forte from Easterns Automotive instead of a new model can be an excellent choice due to overall cost savings, extended warranties and inspections. This is especially true for recent model year pre-owned Kia Fortes with low mileage because you get many of the same features as a new model at a fraction of the price.
Insurance Costs
Insurance is a critical component of vehicle ownership and makes a huge difference in the overall cost.
- Driver Demographics: Premiums can vary significantly based on the driver’s age, driving history and geographic location. Younger drivers or those with less experience may face higher premiums, while those with clean driving records may benefit from lower rates.
- Vehicle Specifications: Newer models might attract higher premiums due to their increased value and the expenses associated with repairing advanced technologies. Pre-owned vehicles usually have lower insurance rates.
- Trim Levels and Model Variations: Different trims and model years of the Kia Forte can impact insurance costs.
Fuel Costs
The Forte is known for its fuel-efficient engines, which help keep fuel costs manageable. The Kia Forte typically averages around 32 miles per gallon (MPG) in combined city and highway driving.
- Average Miles Driven Per Year: 12,000 miles
- Average MPG: 32 miles per gallon
- Average Gas Price: $3.50 per gallon
The average driver may only need to spend a little over $1,300 a year to fuel their Kia Forte.
Maintenance and Repair Costs
Routine maintenance and occasional repairs contribute to the total cost of owning any vehicle.
The maintenance and repair cost varies based on the model of the Kia Forte and other factors, but it will typically cost about $5,805 according to CarEdge for maintenance and repairs during its first 10 years of service, which equates to about $580 per year.
Depreciation of the Kia Forte
The Kia Forte stands out for its strong resale value. This means that it does not depreciate as quickly as other vehicles, leading to lower costs of owning the vehicle overall.
Here’s how:
- Avoiding Initial Depreciation: Buying a pre-owned Forte enables buyers to avoid the steepest depreciation, which generally happens during the first few years of a vehicle’s life. This strategy can lead to substantial savings over time.
- Long-Term Value: Well-maintained Kia Fortes, especially those with desirable features and trims, tend to retain their value better. This can be advantageous for cost-conscious buyers who are mindful of long-term vehicle value.
- Desirable Features: Models equipped with popular features and in-demand trims are likely to depreciate at a slower rate, making them smarter choices for those looking to preserve value.
Why Choose Easterns Automotive for Your Kia Forte?
- Extensive Inventory: Browse our diverse inventory of pre-owned Kia Fortes, each meticulously inspected for quality and performance.
- Competitive Financing: At Easterns Automotive, “Where Your Job Is Your Credit”, we offer flexible financing options tailored to your financial situation.
- Exceptional Customer Service: Our dedicated team is here to assist you every step of the way, providing a smooth and hassle-free buying experience.
- Quality Assurance: Benefit from our commitment to quality with detailed vehicle inspections and transparent history reports.
Find Your Dream Pre-Owned Kia Forte at Easterns Automotive in Maryland, Virginia and Washington D.C.
If you’re on the hunt for the perfect pre-owned Kia Forte, Easterns Automotive has got you covered. Our selection of pre-owned Kia Fortes has something for everyone. And our flexible financing team is always ready to work with car shoppers, regardless of their current credit situation.
Take the next step today by browsing our online inventory or give us a call at (240) 200-5256.