11 months ago

Kia Carnival Depreciation After 5 Years

Kia Carnival Depreciation After 5 Years
Here's How Much A Kia Carnival Depreciates After 5 Years · timesnownews.com

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.

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)

Sources

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