Nissan Pathfinder Resale Value: Do They Hold Their Value? What To Know
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The Nissan Pathfinder is one of the most noteworthy models in the Japanese automaker’s lineup. It used to be a relatively affordable, off-road-friendly SUV but has since been repurposed as a versatile family vehicle. While it’s no segment leader, the Pathfinder offers good power, balanced ride and handling, and a spacious interior.
But how does the Pathfinder fare in terms of value retention? It’s been a hot minute since Nissan was recognized as a top-tier car manufacturer, and many of its vehicles have mixed reliability ratings. If you’re interested in a Nissan Pathfinder, you probably want to know its resale value.
So today, we discuss the Nissan Pathfinder resale value. Can it hold its value over time? We have the scoop for you below.
Nissan Pathfinder Resale Value
On a high level, the Nissan Pathfinder has varying information about its resale value. According to a 5-year depreciation analysis by CarEdge, the Nissan Pathfinder’s value depreciates 31% over five years, suggesting that it holds its value reasonably well compared to other vehicles. With an annual average mileage assumption of 12,000 miles, the study indicates a solid resale value, which is crucial for buyers calculating total ownership costs and for owners considering future sales or trade-ins.
This means that if you buy a Pathfinder for around $44,000 today, you could potentially sell it for over $30,000 in five years. However, other factors come into play, including maintenance history and timely repairs.
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On the other hand, the Nissan Pathfinder has a five-year resale value of 48.4218%, ranking it 19th among Nissan models according to the analysis provided by iSeeCars.com. This ranking places it below the top Nissan models like the Nissan Kicks, which holds the number one position with a 72.1% resale value, and other high-ranking models such as the Nissan 370Z (coupe) and the Nissan Versa.
When compared to other high-performing Nissan models, the resale value of the Pathfinder is notably lower. Although it is a dependable and cozy vehicle, particularly favored by taller drivers and as a crossover SUV, it does not hold its value as firmly as some of the leading Nissan models.
Used Nissan Pathfinder Buyer’s Guide (Powered by CoPilot Price Pulse Tool)
In this section, we leverage our handy Price Pulse Tool to evaluate some used models of the Pathfinder to gain insights into its resale performance. For instance, we used the tool to analyze the 2020 Nissan Pathfinder resale value and market performance, and this is what we found:
- Current market position: As of the latest data, the 2020 Nissan Pathfinder has a price premium of $679 over the original price forecast.
- Price trend: The price trajectory consistently declines over time, as illustrated in the tool results. However, the current price is slightly above the original forecast.
- Market dynamics: The current price premium has increased by 2%, indicating a slight uptick in the vehicle’s market value.
- Buying recommendation: The tool advisory suggests it is a “Great time to buy,” as market prices are down $3,896 from the peak for 2020 Nissan Pathfinders.
- Price comparison: When looking at different model years for the Nissan Pathfinder, the 2020 model has a lower premium than the 2022 model, which has a premium of $4,569, and the 2019 model, which has a premium of $1,203. The premium for the 2018 model is $790, slightly higher than that of the 2020 model.
- Market stability: Price Pulse also suggests that “Prices are close to what they were during normal times,” implying that the current market price is relatively stable and reflects the expected value without significant inflation or deflation effects.
- Resale value: The 2020 Nissan Pathfinder’s current market price is $23,931, which, in the context of the declining price trend, suggests a reasonable retention of value over time.
On the other hand, based on our data, Nissan has one of the worst value retention among SUVs (alongside the company’s luxury outfit, Infini), which includes the Pathfinder:
Overall, the resale value of the 2020 Nissan Pathfinder has remained stable in the current market, with a slight recent increase in premium. However, remember that Nissan’s performance in the used car market can be somewhat spotty, especially if you’re looking to resell down the line.
ARE NISSAN PATHFINDERS GOOD CARS?
Before investing in any vehicle, it’s vital to determine if it’s worthwhile. You might want to ask yourself - are Nissan Pathfinders good cars for the average person?
Nissan Pathfinder Resale Value VS Competitors
The midsize SUV segment is one of the most cutthroat markets, and the Pathfinder has some tough competition in resale value, including:
- Ford Explorer: Based on data found on iSeeCars.com, which provides detailed rankings and analyses of various vehicle models, the Explorer has a better resale value performance than the Pathfinder. The Explorer loses about 46.2% of its value over five years, which is lower than the Pathfinder’s depreciation.
- Hyundai Palisade: On the other hand, the Hyundai Palisade loses about 48.2% of its value over a five-year period, placing it between the Explorer and the Pathfinder in terms of value retention. It also ranks first in categories for comfort among 7-seater and 8-seater SUVs for tall people, which could be a deciding factor for some families.
- Kia Sorento: The 2020 Kia Sorento also shows a slightly better resale value performance than the Pathfinder, with a 48.5% loss over five years. While still depreciating less than the Pathfinder, it does not hold its value as well as the Explorer.
- Toyota Highlander: The Highlander has a 5-year resale value of approximately 61.9%, which means it retains more than half of its value after five years, which is a strong performance compared to many other vehicles. It also shows consistent value over time, with above-average prices for several years in a row.
In essence, while the Nissan Pathfinder is praised for its comfort, especially for taller individuals, its resale value performance is not as strong as some of its competitors, like the Ford Explorer.
HOW LONG DO NISSAN PATHFINDERS LAST?
If you’re interested in buying this midsize SUV, you’re probably asking: how long do Nissan Pathfinders last?
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