Used Kia Rio5 for Sale near New London, PE

How much does the Kia Rio5 cost in today's market?

Used Kia Rio5 prices span a wide range depending on model year. Here's what the market looks like right now:

The Kia Rio5's current nationwide average price is $14,159 CAD, and its lowest point over the past year was $14,153 CAD. That puts the model's recent pricing in a very tight range, with little movement around today's average.

Recently, prices have come down for the 2021, 2022, and 2023 models, making now a good time to shop recent model years.

Is the Kia Rio5 a good car?

Yes — the Kia Rio5 is a strong used-car choice if you want a model with consistently high owner satisfaction across its lineup.

The all-generations owner rating is 4.7/5 across every model year in the data.

25.8% of listings are priced as good or great deals.

Are Kia Rio5 models reliable?

Owners consistently give the Kia Rio5 very strong ratings, and the available review data points to broad satisfaction across the model range. The 2021 and 2018 model years both earn top owner scores, which supports the Rio5's reputation as a well-liked used hatchback.

• Owners rate the Kia Rio5 between 4.7 and 5 out of 5 stars across all model years in the data.

For used buyers planning to keep the car for years, the strongest ownership outlook comes from the model's consistently high owner ratings and the steady pricing pattern across multiple years.

What Kia Rio5 do most buyers choose?

The Kia Rio5 years with the most listings are 2022, 2023, and 2021.

These higher-volume years tend to draw more shoppers because they give you more inventory to compare and more chances to find the right colour, mileage, and equipment. They also tend to be the easiest years to shop when you want a balance of selection and pricing.

What is the Kia Rio5's resale value?

The table shows broad year-over-year price declines across the Kia Rio5 lineup, which can work in your favour if you're shopping used. Most model years are down by double digits, so buyers are seeing meaningful price movement across the range. The smallest changes appear in the 2018 and 2023 model years, while several others have fallen sharply.

The 2018, 2023, and 2016 model years have held their value best, with the smallest year-over-year price changes.

Should I buy a used Kia Rio5 now?

Buy now if:

• Price trend: The 2022 model is at −13.51% versus a year ago, and the 2021 model is at −18.46%.
• Deal availability: The 2022 model has 27.8% good and great deals, and the 2021 model has 29.6%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $16,872 CAD.

If you're buying used today, the 2022 model year offers the best mix of value and availability.

How does the 2018 Kia Rio5 compare to the 2018 Hyundai Elantra GT?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.