How Much Is A 2013 Nissan Altima Worth? Here’s How To Find Out
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The Nissan Altima may not be the most awe-inspiring midsize sedan out there, but it remains one of the solid choices in the segment. The Altima may not be as feature-packed and holistically excellent as the Honda Accord. Still, it provides a middle ground for the less and more desirable models in the midsize sedan market – thanks to its sharp styling, comfortable interiors, and surprising athleticism.
If you’re planning to sell or trade in your old Nissan sedan, you’re probably asking: How much is a 2013 Nissan Altima worth? Your Nissan Altima’s value may be worth more than you think, considering the current market state.
There might be no better time to trade in your 2013 Nissan Altima than now. Why is it the best time to trade in a used car? What factors are considered when evaluating trade-in value? What are ways to calculate your Altima’s worth? We’ll answer these questions and more below.
Why It’s the Right Time to Trade In Your 2013 Nissan Altima
If you’ve been keeping up with automotive prices, you’ll know how high inflation is in car prices. The COVID-19 pandemic, Russia’s invasion of Ukraine, and the limited supply of semiconductor chips have formed the perfect storm that may alter how we shop for cars.
Back in February, the U.S. Bureau of Labor Statistics rolled out the Consumer Price Index News Release, and it had some interesting data about the automotive market. Apparently, customers who bought new cars paid 12.2% more than in 2021. But that’s not even the most interesting piece of information. As it turned out, used car buyers forked a staggering 40.5% more for used cars than the previous year.
On a related note, the popular auto-shopping website Edmunds.com released a study saying that more than 8 out of 10 Americans paid above MSRP in January 2022. To give you a better picture, only 2.8% of customers paid above sticker price in January 2021. This points to the high demand for new and used cars but low and limited inventory.
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Any Chance It Gets Better?
The good news is that car prices are gradually slowing down, even declining. According to a news report by CNBC, wholesale car prices have dropped 6.4% since the record-highs we saw back in January. Furthermore, the used car supply shows improvement but is still relatively limited compared to 2021. As a result, we may not see a round of record highs in the near future.
As per CNBC, the index remains up 14% compared to 2021. However, car prices are still extremely high, especially compared to just the previous year. Also, despite the increasing inventory, what’s mainly being added are higher-end models and hybrids, which are getting more expensive.
Trading In Your 2013 Nissan Altima Now
A lot of you are probably asking, How much is a 2013 Nissan Altima worth? Apparently, there may be no better time to sell or trade in your Nissan Altima than now. The current market may not be as kind to car buyers, but used car sellers can potentially capitalize. With high demand for used cars and increased prices, sellers can make some quick dollars for their old vehicles.
While it’s true that used car prices are declining, the drop isn’t fast or dramatic enough to significantly impact the market. Thus, used car sellers are once in a blue moon position to profit from their old vehicles. You can potentially pay off your car loan or lease while still making top dollars on the side.
With the current state of the market, try selling your old 2013 Nissan Altima to a private buyer to get more for your car. However, selling to car dealerships is also a viable option. You may just be able to get a reasonable price for your Altima since dealerships have limited inventories nowadays.
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Factors That Influence Your 2013 Nissan Altima’s Trade-In Value
Before we discuss the tools for calculating how much is a 2013 Nissan Altima worth, let’s look at several factors that affect a vehicle’s trade-in value.
- Mileage – The number on your odometer is perhaps the most crucial metric of trade-in or resale value. The greater the mileage, the more the car has been used. Consequently, this also means more wear and tear and impact on the engine. A lower than average odometer reading will always command a higher price.
- Condition and accident history – Many sellers tend to overestimate the shape of their vehicles. Used vehicles involved in a major crash or frequent fender bender become less appealing. Even minor scratches, dents, and dings will significantly lower the value. In addition, interior problems like faulty tech, stained seats, and broken A/C get you less money.
- Maintenance record – Are you doing maintenance services for your Altima as recommended? If so, make sure that you keep a complete record of all mechanic visits.
- Added options – In the same way that added features and equipment could make a car more expensive, they also improve its trade-in value. Add-ons like sunroofs, navigation systems, premium sound systems, towing equipment, heated seats, etc., will add more value to your car.
- Current market state – The state of the market will also affect the vehicle’s value. For instance, as used vehicle inventory becomes limited, the high demand helped spike used car prices by 30%.
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Determining Your 2013 Nissan Altima’s Trade-In Value
How much is a 2013 Nissan Altima worth? Below are some great tools to calculate the trade-in value of your used Altima.
One tool you can use is Edmunds.com Appraisal Tool. This tool provides various options and specs to customize your vehicle’s profile and receive the most accurate appraisal. According to Edmunds, the typical trade-in value of a 2013 Altima ranges from $4,937 to $12,450.
Another trade-in value calculator we recommend is the Kelley Blue Book’s My Car’s Value Tool. KBB’s calculator offers many different options to customize your search like the previous tool. According to this tool, the trade-in value of a base trim 2013 Altima with 50,000 miles is $7,990-$9,169.
Last but not least, our very own CoPilot’s Hidden Profit Calculator is an excellent tool for finding out if you can make money from your 2013 Altima. The tool calculates the Real-time Market Value in your area and compares it with the top 3 bids based on location. You can unlock the bids for free by simply signing up for a CoPilot account.
Get a Curated List of the Best Used Cars Near You
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