Nissan Altima Depreciation

A Nissan Altima will depreciate 58% after 5 years and have a 5 year resale value of $11,166.

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 $26,669 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 $7,638 71.36% $19,031 12,000 2022
2 $7,926 70.28% $18,743 24,000 2023
3 $11,132 58.26% $15,537 36,000 2024
4 $11,798 55.76% $14,871 48,000 2025
5 $15,503 41.87% $11,166 60,000 2026
6 $17,159 35.66% $9,510 72,000 2027
7 $17,671 33.74% $8,998 84,000 2028
8 $18,591 30.29% $8,078 96,000 2029
9 $20,138 24.49% $6,531 108,000 2030
10 $21,181 20.58% $5,488 120,000 2031

Nissan Altima Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,638 71.36% $19,031
2 $7,926 70.28% $18,743
3 $11,132 58.26% $15,537
4 $11,798 55.76% $14,871
5 $15,503 41.87% $11,166
6 $17,159 35.66% $9,510
7 $17,671 33.74% $8,998
8 $18,591 30.29% $8,078
9 $20,138 24.49% $6,531
10 $21,181 20.58% $5,488

Buying a Nissan Altima New vs Used

If you purchase a used Nissan Altima that is 2 years old, then you could save $7,926 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 $7,577. 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 $1,805 per year. This adds up to around $9,025 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 2020 Nissan Altima is our top pick for the best model year value for the Altima. With the 2020, you would only pay, on average, 71% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2016 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
2021 $26,669 $26,669 $196 $0 0% 100%
2020 $26,453 $19,106 $228 $7,563 28.36% 71.36% Best
2019 $26,022 $18,568 $279 $538 2.82% 70.28% Good
2018 $25,647 $15,302 $360 $3,266 17.59% 58.26% Better
2017 $25,748 $14,786 $428 $516 3.37% 55.76%
2016 $25,555 $11,234 $534 $3,552 24.02% 41.87% Better
2015 $25,281 $9,764 $750 $1,470 13.09% 35.66% Good
2014 $25,074 $9,295 $836 $469 4.8% 33.74%
2013 $24,293 $8,274 $916 $1,021 10.98% 30.29%
2012 $24,350 $6,997 $1,034 $1,277 15.43% 24.49%
2011 $23,716 $5,931 $1,050 $1,066 15.24% 20.58%
2010 $23,810 $4,762 $1,177 $1,169 19.71% 20%
2009 $22,686 $5,112 $1,361 +$350 -7.35% 16.53%
Year Price % Paid Value Rank
2021 $26,669 100%
2020 $19,106 71.36% Best
2019 $18,568 70.28% Good
2018 $15,302 58.26% Better
2017 $14,786 55.76%
2016 $11,234 41.87% Better
2015 $9,764 35.66% Good
2014 $9,295 33.74%
2013 $8,274 30.29%
2012 $6,997 24.49%
2011 $5,931 20.58%
2010 $4,762 20%
2009 $5,112 16.53%

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: