Kia Sonet has the Lowest Maintenance Cost in the Compact SUV segment
Frost & Sullivan, India’s top Growth Advisory Company, released its Total Cost of Ownership Benchmark analysis, revealing Sonet to have the lowest maintenance cost in the Compact SUV segment. While the Diesel Model Maintenance Cost is 14% lower, the Petrol Model of Sonet takes it further with a 16% lower Maintenance Cost than the segment average. The analysis further reveals that the Diesel Model of Sonet tops the segment with a complete value-for-money package. While the Diesel Model’s total cost of ownership comes out to be 10% lower than the segment average, making it the best in the segment, the Petrol variant emerges as the second best with 4% lower TCO than the segment average, closely following the segment best. Furthermore, the analysis suggested that the Residual value of both models is 3% higher than the segment average while being amongst the best in the segment. The comprehensive analysis evaluating 5 Petrol and 3 diesel competition models against Sonet encompassed the total cost of ownership, comprising Initial Acquisition Cost, Residual Value, Maintenance Cost, Finance and Insurance Costs, and Fuel Expenses.
Frost & Sullivan’s analysis also revealed that the Scheduled Maintenance cost of Diesel Sonet is lower by 17% compared to the closest rival and 23% compared to the segment average. Regarding Petrol Sonet, the figure is over 7% and 28% lower than the nearest rival and other competition models, respectively. Considering a 10,000 km average annual distance travelled, among other methodologies, the analysis states that the Diesel variant’s Fuel Economy is the best in the segment, standing at 6% lower than the segment average. One of the improvement areas for the Sonet is the fuel economy in the Petrol Model, where it holds the 3rd position and closely follows the segment’s bests. The analysis further affirms that the Initial Acquisition, Finance, and Insurance costs of both models are lower than the segment average.
Further, Frost & Sullivan spokesperson commented, “We analysed the overall cost of ownership trends of the compact SUV segment. The Kia Sonet comes out to be the most value-for-money proposition with lowest maintenance cost in the segment, which is a challenging accomplishment.”
Mr Hardeep Singh Brar, National Head Sales & Marketing, Kia India, commented, “This transformation underscores our commitment to not only deliver exceptional quality and features but also ensure that our customers enjoy an unparalleled ownership experience with the added advantage of cost-effectiveness. We believe in setting benchmarks, and Sonet's recognition for its low cost of ownership by Frost & Sullivan is clear evidence of our steadfast dedication to redefine industry standards and cater to the evolving needs of our discerning customers.”