When the Kia Stinger first arrived in 2017, it marked Kia’s interest in stepping into a sporty segment of the sedan market. With a $33,090 starting price, the Stinger was priced aggressively, undercutting most of its closest competitors. As a result, sales for the sporty sedan have held steady since its unveiling. However, a quick look at AutoTrader reveals that used Stingers now sell for as little as $23,000.
You don’t have to pay $50,390 for the highest trim level
Although the Kia Stinger’s $33,090 base price is reasonable, the best things in life aren’t free. The sportiest Stinger, the GT2, carries a $50,390 starting price without options. Fully specced-out, the Stinger can reach a maximum price of $54,510.
Depreciation has hit the Stinger particularly hard, with 2018 GT2 models selling for around $32,000. Such a steep depreciation curve means it cost someone almost $20,000 to own their Stinger for three years. Even less than one-year-old 2020 models sell for $10,000 under MSRP.
The most affordable GT-Line trim level also takes a $10,000 depreciation hit and is now widely available for less than $23,000. As the years continue to pass by, expect even the GT2 to hit the mid 20’s.
You can have the Kia Stinger in two flavors
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For any car to exist, it needs to sell. To achieve this, the Kia Stinger came equipped with two engine choices. The first is a mass-market friendly 2.0-liter turbocharged four-cylinder engine producing 255 horsepower. In stock form, an eight-speed automatic transmission sends all of the available power to the rear wheels. An optional all-wheel-drive system is also available for an additional $2,200.
The second and most interesting engine option is 3.3-liter twin-turbocharged V6 producing 365 hp. Like the base model, the only available transmission is an eight-speed automatic. Aside from the extra power, the more powerful models also receive optional brakes, wheels, tires, and suspension. All of these performance-oriented parts serve to highlight the Stinger’s greatest strengths.
Want a more luxurious version? Buy the Genesis G70
If you want the Kia Stinger’s sporty demeanor with a luxurious look, then you should opt for the Genesis G70. The Genesis G70 was developed utilizing the Stingers underpinnings and powertrain. Both the turbo four-cylinder and the twin-turbo V6 are available along with the same eight-speed automatic transmission. There is, however, a noticeable tax when opting for the G70, given that the V6 model starts at $7,060 more than the equivalent Kia. With all of the options selected, the G70 comes in at $53,695.
Like the Stinger, the G70 was dealt a fatal blow by depreciation. While the twin-turbo V6 carries an MSRP of $46,650, one-year-old examples sell for around $35,000. Even the highest trim levels are trading below $40,000, marking potential savings of over $10,000 across the board. Given the steep depreciation felt by both models, it makes sense now more than ever to buy used.