Do Nissans Hold Their Value? What To Know About Resale & Depreciation
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Nissan is a company headquartered in Japan, growing from a company that dealt with foundries and auto parts and eventually drifted into auto manufacturing. Nissan also owns the INFINITI brand, which offers even more options. If you’re interested in purchasing a Nissan for your life, you might wonder - do Nissans hold their value?
If a car can retain its value, it’s less likely to encounter expensive repairs and will sell for far more than other cars with higher depreciation rates. Read on to learn more about the depreciation rate of a Nissan, how much Nissans will resell for, the best Nissan to buy for longevity, and other valuable information.
What Is The Depreciation Rate of a Nissan?
Do Nissans hold their value? One of the most beneficial items to consider in your investment is the depreciation rate of a Nissan. This information will reveal how much value your Nissan will retain after one year, five, ten, and so on.
According to caredge.com, Nissan comes in the middle of the pack when considering depreciation rate. Cars made by Nissan tend to fall with a steady decline, which can be good or bad, depending on how quickly you sell your vehicle after owning it for a little while.
If you’re interested in a car with an excellent depreciation rate, we recommend looking elsewhere instead of from the Nissan name. Although there are some high-quality cars to come from this brand, they aren’t the best in the resale world.
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How Much Will Nissans Resell For?
A Nissan will typically sell for around 92% of its value after the first year of ownership, 75% after the third, and 50% after the sixth. That means a car worth $60,000 will sell for closer to $30,000 or less after you’ve had it for six years.
Thanks to this quick depreciation rate, it’s better to sell a Nissan sooner rather than later. They will only continue to drop, so it makes sense to get it out of your driveway within a few years instead of waiting for the first sign of expensive decay.
What Is The Best Nissan To Purchase For Value Longevity?
If you want to make the most out of your Nissan when it’s time to sell, several models stand out as the best. We recommend sticking with them if you don’t want to worry about losing the opportunity to make any cash back on your Nissan investment.
Here are the best options available for the Nissan on the market:
- Nissan Armada
- Nissan Maxima
- Nissan Pathfinder
- Nissan Titan
- Nissan Rogue Hybrid
These were the top contenders by far.
Take care to ensure you stick with the most reliable years of each of these vehicles to ensure you make the most of your shot at longevity. Nissan might be in the middle of the pack, but these vehicles are the best from the brand.
What Is The Worst Nissan To Purchase For Value Longevity?
Of course, where there is good there must also be less-than-ideal. There are several Nissans that tend to lose their value far faster than others from the manufacturer. Unless you plan on selling your car for pennies, keep away from these during your next car search.
Here are the Nissans to avoid investing in:
- Nissan Versa
- Nissan LEAF
- Nissan GT-R
These provide the most issues when considering resale.
Of course, there are some benefits to investing in these vehicle selections for some. However, when considering the value retention aspect of Nissan, it’s a practical plan to invest in the other five Nissans we suggested instead of these three options.
ARE NISSANS RELIABLE?
Are Nissans reliable? Can their safety ratings be trusted? And will they last you for many miles before breaking down? We’ll cover all of this and more.
When Should You Sell Your Nissan To Get the Best Value?
It’s always a good idea to sell your car at some point, as it will allow you to make some money on your investment. The question is - when? Some cars will last to sell for a decent price point until three years into ownership, while others will make it until about half a decade into ownership. When is the right time for Nissan vehicles?
We recommend selling your car after about five years of ownership. If you let the car sit any longer than that point, the value will drop significantly. By that point, it won’t be worth it to sell the machine because the value will be so low.
Nissan Vs. Honda Longevity
Do Nissans hold their value? One helpful item to consider in value retention is how the competition stacks up. One of Nissan’s biggest competitors is the well-known Honda brand - which manufacturer comes out on top when looking at longevity?
There are some issues in each brand, but they both tend to be decently reliable. However, overall, Honda ranks much higher than Nissan. If you have to decide between a car from Nissan and one from Honda for resale value and longevity, we recommend going with the Honda in most cases.
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Final Thoughts
Do Nissans hold their value? Nissans fall in the middle of the pack, which doesn’t make them a bad value holder, but they are far from the best of the best, like Toyota. We recommend going with the Nissan Armada, Maxima, Pathfinder, Titan, or Rogue Hybrid if you want to get the most value. Keep away from the Versa, LEAF, or GT-R if you want to avoid more deterioration.
We hope this information was helpful! The more you know about the value of a brand, the easier it will be to decide if it’s practical to get a car from Nissan for its resale and depreciation ability.
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