Nissan Resale Value

You should sell your Nissan within three to five years of purchasing it to obtain the best resale value.
Written by Nathan Porceng
Reviewed by Jessica Barrett
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Model type, model year, age, accident history, and interior and exterior condition all factor into determining your Nissan’s resale value. That said, you’ll typically get the best resale price for your Nissan if you sell it within 3-5 years of buying it.
Nissans are an affordable, reliable vehicle, so you’ve probably really enjoyed owning yours! However, for whatever reason, you’ve decided that now is the time to move on, and you’re ready to resell your Nissan.
Cars begin depreciating as soon as they’re sold, so it’s crucial that you study up and figure out your car’s true resale value before putting it back on the market.
Reselling your Nissan can be tough, but there’s no need to worry.
Jerry
, the
car insurance
comparison app, has created a guide containing everything you need to know when reselling your Nissan, as well as tips to lower your
Nissan car insurance costs
.
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What goes into determining my Nissan’s resale value?

Even if you’ve loved your Nissan from the moment you bought it, eventually, it will be time to let it go. But how much should you sell it for? Calculating your Nissan’s resale value requires taking several factors into account. Let’s check them out:
  • Depreciation: Cars start depreciating in value as soon as they leave the dealership lot for the first time. Though Nissans tend to hold their value well, even in-demand models can depreciate by up to 40% after three years of ownership.
  • Mileage: Maintain a limit of 12,000 to 15,000 miles per year of ownership, and try to sell your car before it reaches 100,000 miles to net the best resale price.
  • Accident history: Naturally, accidents lower your Nissan’s resale value. Even if your Nissan was completely repaired following an accident, its value can still drop between 15% and 30%.
  • Model popularity: Hatchbacks, SUVs, and other popular models like the
    Nissan Titan
    and the
    Nissan Frontier
    tend to maintain their value due to market demand.
  • Interior and exterior conditions: The newer your car looks, the higher the price you can command when reselling it. Scratches, dents, and damaged upholstery will all drive down your Nissan’s value.
MORE: How to sell a car for the best price

Resale value vs. trade-in value

Trade-ins and resales both have advantages and disadvantages. A dealership gives you credit towards another vehicle in exchange for your car in a trade-in. They typically won’t give you a cash payment. While convenient, you probably won’t get the greatest financial payoff this way.
Resale can net you a greater financial reward, but private sales require a lot more work. Potential buyers will be scrutinizing your car for possible faults and checking its age, condition, and mileage.
When conducting a trade-in, dealerships may give you feedback on how you can raise the value of your used Nissan. In a private sale, you’ll be on your own sprucing up your ride.

What is the MSRP of my Nissan?

When it first popped up in that dealership lot, how much was your Nissan worth? Before you decide on a resale or trade-in, you must know your Nissan’s original MSRP
Check out this guide
from Kelley Blue Book to find your Nissan’s original MSRP, then use that as your starting point.
Key Takeaway Before selling your Nissan, you must know its worth based on its MSRP, model type, age, accident history, and interior and exterior condition.

How do wear and tear affect my Nissan’s value?

Your Nissan’s condition is essential in determining its resale value. Thankfully, this is one area you have a lot of control over. Improve your Nissan’s resale value by sticking to the company’s routine maintenance schedule. If you pass on the cost of your Nissan’s wear and tear to its next owner, its resale value will drop significantly.
For every $5,000 in repairs necessitated by an accident or other causes, your vehicle’s value will be reduced by $2,500. Drive safely and maximize your Nissan’s resale value.
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How to calculate the resale value of your car

Though your Nissan has had its own unique journey from the factory floor to the resale market, you can still calculate its worth. Check out this
handy tool
to determine your Nissan’s value.
Determining your car’s depreciated value will give you a better idea of how it stacks up against other Nissan models. CarEdge ranks the 2020 model year as the best for Nissans, retaining 76% of its price. If you own a 2020 Nissan, you’ll probably fetch a pretty good resale price.
Let’s explore some examples. Say you bought a 2020 Nissan Kicks for $14,288. After driving it for four years at 15,000 miles per year, it will retain 40.10% of its original value, and you can resell it for $8,692
The numbers look slightly different when applied to a Nissan Armada. Your Armada’s original MSRP of $56,592 will depreciate to a resale value of $18,955 by the time you sell it. 
While the model year plays a large role in determining your Nissan’s resale value, it’s just one of many factors. Others include accident history and vehicle condition.
MORE: Trade-in vs private sale: What’s the best way to sell your car?

The bottom line: is my Nissan worth reselling?

Given your Nissan’s MSRP, depreciation, condition, and mileage—you need to make a decision. If your car is in great cosmetic shape, has less than a 15,000 mile-per-year average, was new within the last three to five years, and happens to be an SUV or a hatchback, you will likely be very satisfied with its worth on the resale market.
However, if your Nissan only meets one or two of the above criteria, you may need to put in a little bit of extra effort before reselling it.

How to prep your Nissan for resale 

Whatever the reason you’re selling your Nissan, you’ll want to get as much money for it as possible. Follow these steps to maximize your Nissan’s resale value:
  • Detail your car. Clean your Nissan thoroughly, making it look as new and well cared for as possible.
  • Complete routine maintenance. Top off your fluids, check your alignment, rotate your tires, and change your oil before selling your car. Make sure you document all maintenance performed.
  • Gather original parts. You should have any manuals, keys, and accessories that came with your car on hand for its next owner.
Though the above steps don’t actually require much time or effort, they’ll reassure your buyer that the car has been taken care of and merits your asking price.

Finding cheap Nissan insurance 

So, you finally sold your beloved old Nissan? Now you need to insure your new ride. Comparing multiple quotes from reputable insurance providers is the best way to save money on your policy. In the past, that meant an endless parade of phone calls, forms, and frustration, but not anymore!
Download
Jerry
, the
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comparison tool and app you can trust, and enter in some quick personal details. In less than a minute, Jerry will provide you with a selection of top quotes drawn from a selection of the nation’s leading insurance providers
Jerry makes switching insurance as easy as can be. We’ll even call and cancel your old policy for you. Stop wasting your money on bloated policies! The average Jerry user saves over $800 per year on their car insurance. 
“I moved states recently and my old provider didn’t cover me anymore, so I tried using
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FAQs

The Nissan GT-R holds its value better than other Nissan models. The Nissan Frontier is a close second.
Numerous factors determine your Nissan’s worth, including its model, age, accident history, and interior and exterior condition. You can see what your Nissan is appraised for with this
handy tool
from Edmunds.
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