11 months ago
Kia Carnival Depreciation After 5 Years
The Kia Carnival, a luxury MPV, loses value over time, but it holds its value better than other mainstream cars.
After five years and 50,000 km, the Carnival's value is estimated to be between Rs 22 lakh and Rs 25 lakh.
This means the car depreciates by about 55% or more over that period.
The older Carnival models have maintained high value because the new version is significantly more expensive.
Buying a used Carnival provides a luxury experience at a lower price point compared to buying other new MPVs.
The Kia Carnival is a luxury MPV.
The first-generation Kia Carnival was launched in February 2020.
The estimated residual value after 5 years is Rs 22 lakh to Rs 25 lakh.
The original on-road price of the Carnival was Rs 41.25 lakh.
The new Carnival has an on-road price of Rs 70.32 lakh.
- Who
- Kia Carnival owners and potential buyers
- What
- Depreciation analysis of the Kia Carnival
- Where
- India
- When
- After 5 years of ownership
- Why
- To understand the resale value
Key facts
- Vehicle
- Kia Carnival
- Original Price (approx)
- Rs 41.25 lakh
- 5-Year Depreciation
- Approximately 55% or more
- Residual Value
- Rs 22 lakh to Rs 25 lakh
- Model
- LIMOUSINE 7 Seater
- Initial Launch
- February 2020
- Current On-Road Price
- Rs 70.32 lakh (new model)

