Nissan Altima Depreciation

A Nissan Altima will depreciate 35% after 5 years and have a 5 year resale value of $18,919.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $29,111 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Nissan Altima.

Nissan Altima Depreciation Calculator

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Nissan Altima Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $1,138 96.09% $27,973 12,000 2022
2 $2,440 91.62% $26,671 24,000 2023
3 $6,524 77.59% $22,587 36,000 2024
4 $7,598 73.90% $21,513 48,000 2025
5 $10,192 64.99% $18,919 60,000 2026
6 $11,813 59.42% $17,298 72,000 2027
7 $13,726 52.85% $15,385 84,000 2028
8 $15,210 47.75% $13,901 96,000 2029
9 $15,429 47.00% $13,682 108,000 2030
10 $19,423 33.28% $9,688 120,000 2031

Nissan Altima Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,138 96.09% $27,973
2 $2,440 91.62% $26,671
3 $6,524 77.59% $22,587
4 $7,598 73.90% $21,513
5 $10,192 64.99% $18,919
6 $11,813 59.42% $17,298
7 $13,726 52.85% $15,385
8 $15,210 47.75% $13,901
9 $15,429 47.00% $13,682
10 $19,423 33.28% $9,688

Buying a Nissan Altima New vs Used

If you purchase a used Nissan Altima that is 2 years old, then you could save $2,440 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $7,752. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Altima models become available.

What About Nissan Altima Insurance Costs?

The average cost to insure a Nissan Altima is about $1,972 per year. This adds up to around $9,860 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Nissan Altima. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Nissan Altima

The 2019 Nissan Altima is our top pick for the best model year value for the Altima. With the 2019, you would only pay, on average, 78% of the price as new, with 75% of the vehicle's useful life remaining. The 2021 and 2017 model years are also attractive years for the Altima, and provide a relatively good value. Our rankings consider multiple factors, including the Altima's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Nissan Altima models.

Nissan Altima Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $29,111 $29,111 $201 $0 0% 100%
2021 $29,079 $28,176 $233 $935 3.21% 96.09% Better
2020 $26,453 $24,520 $284 $3,656 12.98% 91.62% Good
2019 $26,022 $20,556 $365 $3,964 16.17% 77.59% Best
2018 $25,647 $19,386 $433 $1,170 5.69% 73.9% Good
2017 $25,748 $17,272 $539 $2,114 10.9% 64.99% Better
2016 $25,555 $15,939 $755 $1,333 7.72% 59.42%
2015 $25,281 $14,203 $841 $1,736 10.89% 52.85%
2014 $25,074 $12,894 $921 $1,309 9.22% 47.75%
2013 $24,293 $11,418 $1,039 $1,476 11.45% 47%
2012 $24,350 $9,158 $1,055 $2,260 19.79% 33.28%
2011 $23,716 $8,203 $1,182 $955 10.43% 29.6%
2010 $23,810 $7,625 $1,365 $578 7.05% 26.29%
Year Price % Paid Value Rank
2022 $29,111 100%
2021 $28,176 96.09% Better
2020 $24,520 91.62% Good
2019 $20,556 77.59% Best
2018 $19,386 73.9% Good
2017 $17,272 64.99% Better
2016 $15,939 59.42%
2015 $14,203 52.85%
2014 $12,894 47.75%
2013 $11,418 47%
2012 $9,158 33.28%
2011 $8,203 29.6%
2010 $7,625 26.29%

Nissan Altima Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Nissan Altima ranks for Depreciation compared to other vehicles. Also check out how the Altima stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Nissan Altima Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Nissan Altima costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: