The 1 Hidden Benefit to Buying a 2023 Kia Niro
The Kia Niro has stiff competition in the crowded subcompact SUV class. But beyond its affordable purchase price, the Niro has stellar resale value. It likely isn’t the first thing shoppers consider when purchasing a new car, but resale value is important. That’s especially true for buyers who plan to sell or trade their vehicle in a few years. Here’s a look at the 2023 Kia Niro’s resale value and other benefits.
The 2023 Kia Niro’s resale value rating is excellent
The 2023 Kia Niro doesn’t boast especially high ratings in some areas. However, it earned an impressive score for its resale value. J.D. Power gave the SUV an 86 out of 100, considered “great.” The market research firm assigns this score based on how much the vehicle is expected to depreciate over three years. For comparison, the similar 2023 Hyundai Kona also has high ratings in this regard but scored a slightly lower 83.
Resale value is one of the 2023 Kia Niro’s best attributes. It scored only an “average” 76/100 for quality and reliability. And it received an 82/100 for driving experience, on the low end of “great.” Overall, the SUV got a 79/100 from J.D. Power. That means it’s an “average” vehicle. So, the Niro’s high resale value is surprising.
Despite its middling overall score, the Niro has a few other perks to recommend it: outstanding fuel economy and an attractive interior.
The 2023 Kia Niro provides fuel-efficient performance
Starting at $26,840, the standard 2023 Kia Niro has a 1.6-liter inline-four hybrid powertrain producing 139 hp and 195 lb-ft of torque. This small SUV has front-wheel drive and a six-speed automatic transmission. Thanks to its underpowered engine, the Niro takes a leisurely 9.3 seconds to go from 0 to 60 mph.
However, the 2023 Niro also has more potent plug-in hybrid and all-electric variations. The PHEV produces 180 hp, while the 2023 Kia Niro EV harnesses 201 hp. These electrified versions are also faster than the standard hybrid. The PHEV can accelerate from 0 to 60 mph in about 7.3 seconds. Meanwhile, the EV can get there in a speedy 6.5 seconds.
Though it isn’t the most powerful small SUV, the 2023 Kia Niro’s fuel economy is one of its biggest highlights. The base model averages 53 mpg in the city and 54 mpg on the highway. On a full tank, it can go a whopping 588 miles in the city and 599 miles on the highway. Those figures complement the 2023 Kia Niro’s resale value.
The Niro also has a modern interior
In addition to the 2023 Kia Niro’s excellent resale value, this small SUV has an attractive interior. Even the base model touts many standard tech features. They include:
- 8.0-inch touchscreen
- Apple CarPlay and Android Auto
- Rear-view camera
- Two front USB charging posts, one front USB-C charging port, and two second-row USB charging ports
- Remote keyless entry
- Dual-zone auto climate control
It also boasts numerous advanced safety and driver-assistance systems, such as:
- Automatic emergency braking
- Blind-spot detection
- Rear cross-traffic collision avoidance assist
- Lane-keeping assist
- Lane-following assist
- Driver attention warning with leading vehicle departure alert
- High-beam assist
- Safe exit warning
The Niro may not be as upscale as some rivals, but it has much to offer. It seats up to five on ultra-comfortable seats. Furthermore, the interior is eco-friendly, using recycled materials in some places. It also has an above-average amount of cargo space for its class. This crossover provides 22.8 cubic feet behind the back row and 63.7 cubic feet with the rear seats folded.
The 2023 Kia Niro is a budget-friendly SUV expected to retain more of its value than the average vehicle. It isn’t the most exciting model in Kia’s lineup, but the Niro has a strong place in the automotive market. This subcompact SUV will please fuel-conscious drivers.