KIA's Values- do they fall off a cliff at 7 years?
KIA's Values- do they fall off a cliff at 7 years?
Author
Discussion

davidif

Original Poster:

119 posts

200 months

Monday 24th February 2020
quotequote all
I'm looking for a daily up to about 5/6k preferably diesel(may also consider a hybrid) and 14/15 plate Ceeds seem to be within budget.

The obvious appeal is that, provided that have less than 100k miles, they will have a year or two's factory warranty remaining.

I am aware that it won't be a particularly exciting car to own or drive but it would seem to suit it's intended purpose perfectly.

I am interested to hear peoples thoughts generally and in particular as to whether value retention is almost solely dependent on the 7 year warranty.

Thanks.

ZX10R NIN

30,521 posts

154 months

Monday 24th February 2020
quotequote all
In a word no they don't they drop at a similar rate to most mainstream options.

davidif

Original Poster:

119 posts

200 months

Monday 24th February 2020
quotequote all
ZX10R NIN said:
In a word no they don't they drop at a similar rate to most mainstream options.
Thank you ZX10R NIN

treeroy

564 posts

114 months

Monday 24th February 2020
quotequote all
I just had a look on autotrader at prices for an identical spec car from year 2012 and year 2014 and no the warranty expiration doesn't seem to make a difference to price.,

davidif

Original Poster:

119 posts

200 months

Monday 24th February 2020
quotequote all
treeroy said:
I just had a look on autotrader at prices for an identical spec car from year 2012 and year 2014 and no the warranty expiration doesn't seem to make a difference to price.,
Thanks treeroy

Mr Tidy

31,211 posts

156 months

Monday 24th February 2020
quotequote all
davidif said:
I am aware that it won't be a particularly exciting car to own or drive but it would seem to suit it's intended purpose perfectly.

Thanks.
FWIW I drove quite a few Cee'd and i30 hire cars between 2007 & 2010 and I thought they drove really well - much better than the Astra and right up there with the Focus.

So I'd definitely rate them as one of the best options in their sector at the time - although I can't comment on the later models.

imck

811 posts

136 months

Monday 24th February 2020
quotequote all
I had a 2008 Ceed D
Very reasonable to drive for the type of Car it is. Very reliable (now with a Colleague on 190K)
Minor issues sorted under Warranty at 5/6 Years Old.

The DRL Drivers fail on the 2012 on Ceed and are inside the Headlamp.
https://www.youtube.com/watch?v=D9QDgumrjko

Plus point with used Kias is that they will most likely have been Serviced regularly for 6 Years.

DuraAce

4,272 posts

189 months

Monday 24th February 2020
quotequote all
imck said:
The DRL Drivers fail on the 2012 on Ceed and are inside the Headlamp.
Majority will have been sorted under warranty. Modified version gives no trouble, mine were done 4yrs ago and have been fine since.

Mine is 6years old. 90k miles so far.
No breakdowns.
1 warranty claim for the lights.
1 set of discs and pads, front and rear, DIY fitted for less than £200.
6 tyres I think.
Set of wipers £20.
No road tax, insurance sub £200. Can't get it below 50mpg in sensible motorway driving.
It's not exciting to drive but it's perfectly adequate. I'd recommend one to anyone.


davidif

Original Poster:

119 posts

200 months

Tuesday 25th February 2020
quotequote all
DuraAce said:
Majority will have been sorted under warranty. Modified version gives no trouble, mine were done 4yrs ago and have been fine since.

Mine is 6years old. 90k miles so far.
No breakdowns.
1 warranty claim for the lights.
1 set of discs and pads, front and rear, DIY fitted for less than £200.
6 tyres I think.
Set of wipers £20.
No road tax, insurance sub £200. Can't get it below 50mpg in sensible motorway driving.
It's not exciting to drive but it's perfectly adequate. I'd recommend one to anyone.
Great, just what i was hoping to hear.

Thanks