Long-Term Wrap-Up: 2006 Kia Sedona EX

A little error in your writeup:
You say, "When our EX's tour of duty came to a close we entered its vitals into the Edmunds.com True Market Value® calculator to find it valued at $18,850. By the end of our review the Sedona had depreciated over half of its original price. That is a staggering 59 percent over 12 months.
 
True Market Value at service end: $18,580
Depreciation: $12,785 or 59.2% of original MSRP"
 
Actually, the depreciation is 40.8% of the original MSRP - the value is 59.2% of original MSRP.
 
Given that actual sale prices (Why not use the TMV in the original equation?) were considerably lower than the MSRP, particularly with the $4000 rebate plus around $1750 or so extra cash to dealers, this is not as big a drop as the article suggests. Using approximate invoice of $29000, at its lowest, you could have bought this van for about $24000. Then, you'd have 22.5% depreciation, which really is not out of line for a Kia that once sold as used, loses its touted "10year/100k warranty" [it returns to its B-t-B 5/60 warranty to the second and subsequent owners], plus its 25k miles.