Is the $8,500 price on this 2020 Kia RIO a good deal?

OAV rates this as Fair Price because the asking price of $8,500 is within the typical market range for this vehicle.

What is the average price for a 2020 Kia RIO in MI?

Based on 13 comparable listings in MI, the average asking price for a 2018-2022 Kia RIO is $8,867, with prices ranging from $6,500 to $12,990.

How long does a 2020 Kia RIO typically stay on dealer lots?

Comparable Kia RIO listings in MI spend an average of 84 days on dealer lots.

Where is this 2020 Kia RIO located?

This vehicle is listed in Wayne, MI 48184. VIN: 3KPA24AD4LE283280. Mileage: 92,235 miles.

What is the fair market price range for this 2020 Kia RIO?

OAV's Price-to-Market analysis estimates the fair market range is $8,500 to $8,500, based on available comparable vehicles.

Vehicle Details

VIN3KPA24AD4LE283280

TrimS

Exterior ColorBlue

DrivetrainFWD

Engine1.6L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot11

Days on Market32

2020 Kia RIO

Unscored

$8,50092,235 miles

Wayne, MI 48184

Market price position

Lowest comparable ($)

8,500

Highest comparable ($)

8,500

This vehicle's price ($)

8,500

$8,500 · only listing at this price

$8,500 — single data point

Regional range: $8,500 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 15–62 days.

Dealer Info

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Wayne, MI

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About This 2020 Kia RIO

Listing updated: May 6, 2026

Listed by an independent dealer in Wayne, MI · On lot for 11 days · VIN verifiable at NHTSA

This used 2020 Kia RIO S is listed at $8,500 by an independent dealer in Wayne, MI 48184. It has 92,235 miles on the odometer. The exterior color is Blue. It features a FWD drivetrain with a 1.6L I4 engine and CVT transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on available similar vehicles in the Wayne market, the estimated market range is $8,500 to $8,500.

This vehicle has been on the lot for 11 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2020 Kia RIO against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Wayne, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3KPA24AD4LE283280 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Kia RIO Market in MI

Comparable Vehicles

Average Price

$8,867

Price Range

$6,500–$12,990

Avg Days on Lot

Based on 13 comparable 2018-2022 Kia RIO listings in MI, the average asking price is $8,867. This listing at $8,500 is $367 below average (4% below market). Comparable prices in MI range from $6,500 to $12,990. Similar vehicles spend an average of 84 days on dealer lots in this market.