Nissan Value

Nissan is one of the largest Japanese car manufacturers producing over 4 million cars a year, making it the sixth largest in the world and the second largest Japanese car company after Toyota. Many will remember it’s previous Datsun brand before it moved to it’s Japanese name internationally. What most don’t realise however is it’s strong links to Renault, the French car manufacturer which owns 43.4% of Nissan (and whom, in turn, Nissan owns 15% of) in a similar arrangement to that between Chrysler and Fiat. Nissan is more thought of as a low and mid priced car manufacturer, offering new cars from £7250 at time of writing. Most of their models fall under the £20,000 mark but there’s exception such as the GT-R which starts at £74,480.

Perhaps the most remembered Nissan car from recent years is the Micra. You can buy a new model for £9750 today and the average second hand price of ones manufactured this year is only a tad below that (possibly due to many cars having optional extras or not being the base model). One manufacturers a year ago loses about £1000 of value, which isn’t particularly bad depreciation. However the 2010 model loses a further £2000 on the 2011 version at current values and second hand is worth about £6500. Luckily depreciation comes to a dead stop to 2009. A five year old model will get you about £4750 and a decade old one still will sell for £2250.

The Pixo is a more recent addition and is currently Nissan’s cheapest car. Like the Micra one from this year hardly loses any value at all second hand, but lose about £1500 over the two years to the 2010 model and a further £500 to the 2009 model. Not terrible depreciation by any measure.

For those that like a bigger SUV-style car but are on a budget there’s probably no better option than Nissan’s Qashqai vehicles that despite their size and impressive price point are still low on emissions. New these start from £16,595 but most don’t opt for the base model as is reflected by the 2012 second hand average being a smidgen over £18,000. In the first year expect a value loss of roughly £2000 on one of these, followed by a similar depreciation in year two and year three, before slowing to around £1000 a year. These clearly are faster depreciators than Nissan’s lower value cars, but represent only around a 50% drop in value over five years.

If you’re looking for a car somewhere in between the sizes then Nissan’s Note might be the one for you. Starting at just £11,500 new it’s not a bad price to pay for a car of this standard. Like other Nissan models little seems to be lost in value on purchase, but a good £1500 is wiped off within a year followed by a similar drop in the next two years. A quite substantial amount, but good for those in the market for a second hand car. A 2008 model goes for slightly more than £5000.