How much does the 2023 Kia Rio cost?

Prices have softened 1.71% compared to this time last year, making it a favorable time to shop this model year.

There are 247 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $14,986.20, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Kia Rio a good car?

Yes — the 4.5/5 user rating suggests you can feel reasonably confident in this model year if it fits your needs.

That kind of score points to solid owner satisfaction, and the market also shows 27.1% of listings are priced as good or great deals.

Is the 2023 Kia Rio reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

For used buyers, that means your biggest ownership risk is less about broad reputation and more about the specific car’s maintenance and condition history.

What should I look for when buying a used 2023 Kia Rio?

At 72.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should run a vehicle history report on any car you’re seriously considering and prioritize a pre-purchase inspection before you commit. Focus closely on body condition, repair quality, and signs that the car has been maintained consistently.

Is now a good time to buy a used 2023 Kia Rio?

This looks like a moderate market, so you can be selective without expecting a deep buyer’s market.

• Deal availability: 27.1% of listings are priced as good or great deals.
• Inventory: There are 247 listings available.
• Price trend: Prices have softened 1.71% compared with last year.
• Clean inventory: 72.5% of listings are accident-free.

If you find a listing below $14,986.20, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Kia Rio's resale value?

The current average of $15,856 sits slightly below last year's $16,132.

That modest decline suggests resale values have eased, which can matter if you plan to sell in the next few years. If you buy at a competitive price and keep the car in strong condition, you’ll be better positioned to limit depreciation losses. A model year with steady owner satisfaction can still hold buyer interest even when prices soften.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Kia Rio or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 27.1% of listings are priced as good or great deals.
• At 72.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 1.71% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line:

If you want the strongest balance of current pricing, inventory, and owner satisfaction, the 2023 is a sensible place to start. If you’re especially price-sensitive, you may want to compare it against nearby years and focus on the cleanest, best-priced examples rather than chasing the newest option.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.