BUSINESS

Of All Compact SUVs, The Outgoing Kia Sonet Has The Lowest Ownership Cost: Here’s Why

One of the best-selling vehicles in the South Korean automaker’s lineup for our market is the Kia Sonet. Customers are impressed by the Sonet’s aggressive design, extensive feature set, and variety of engine-gearbox combinations. Additionally, the small SUV is available in a wide range of configurations to suit the needs of almost everybody. In terms of ownership expenses, the Sonet has further shown itself to be the most reasonably priced small SUV. Front & Sullivan reports that the maintenance costs of the diesel-powered Sonet are 14% cheaper than the category average, while the petrol-powered Sonet’s are 16% lower.

 

According to Frost & Sullivan’s study, Diesel Sonet’s Scheduled Maintenance costs are likewise lower than those of its nearest competitor by 17% and the segment average by 23%. In comparison to the closest competitor and other competitive models, Petrol Sonet’s number is more than 7% and 28% lower, respectively. The research indicates that the Diesel model has the best Fuel Economy in the class, coming in at 6% less than the segment average, taking into account a 10,000 km average yearly mileage traveled among other approaches.

The fuel economy of the Sonet in the Petrol Model, where it is ranked third and closely behind the segment’s bests, is one area for development. The research also confirms that both models’ initial acquisition, financing, and insurance prices are less than the sector average.

Principal Aspects of the Analysis:
Upkeep Price: Top in Class for both gasoline and diesel vehicles
Petrol Model: 16% less than the average for the category

Diesel Model: 14% less than the average for the sector

Total Expense of Ownership:
Sonet Diesel: 10% less than the segment average, best in segment (lowest TCO) with a full value for money package in diesel

Sonet Petrol: TCO is 4% lower than the industry average, ranking second in the segment.

Residual Value: 3% more than the sector average, ranking among the best in the category.

Fuel Cost: Sonet Diesel: The most affordable in the category. 6% Lower than the average for the segment

Sonet Petrol: among the top three; just behind the bests

Scheduled Maintenance: Sonet Petrol: The cost of scheduled maintenance is 25% less than the category average and 7% less than the closest competitor.

Sonet Diesel: Schedule maintenance costs are 24% less than the sector average and 17% less than the closest competitor.

Lower maintenance costs for Sonet are made possible by less frequent component replacements.

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