Here’s How Much A 2021 Nissan Titan Has Depreciated In 5 Years

In case you need a full-size pickup but need to avoid Detroit steel or the third-generation Toyota Tundra with its troublesome twin-turbo V6 engine, you are left with one option: the Nissan Titan. But buying recent can also be out of the image, as Nissan axed its F-150 competitor after 2024. The 2021 Titan is arguably an excellent goal since it has depreciated substantially, shedding roughly half of its original MSRP, while still offering modern technology like automatic emergency braking.

Let’s put that in perspective. In 2021, the bottom Titan S crew cab stickered for about $44,505. Today, the most cost effective recent pickup you may buy is the Ford Maverick for slightly below $30,000. But while it comes with a factory warranty, the Maverick’s 191-horsepower hybrid four-cylinder engine falls far wanting the Titan’s 400-horsepower V8 unit. The comparisons could proceed with towing capability, payload limits, and cabin space, but you get the purpose. You are not getting a brand new pickup with the capabilities of a Titan for a Maverick-like price.

To get a greater idea of valuations and pricing for a 2021 Nissan Titan today, we’ll take a look at what CarEdge and Kelley Blue Book need to say. And to cross-check these numbers against reality, we’ll examine marketplace listings for current dealer asking prices. Lastly, you may learn how depreciation hits the Titan’s competitors: the Ford F-150, Chevrolet Silverado 1500, Ram 1500, and Toyota Tundra. All MSRPs mentioned within the article include factory destination charges.

Relatively than depend on prognostications, CarEdge determines depreciation through the use of the location’s current market pricing. Consequently, the Titan’s five-year drop in value works out to 47.3%. Kelley Blue Book (KBB) uses a unique formula that features private-party and trade-in valuations, in addition to wholesale auction forecasts. Under this basis, the Titan that originally sold for $44,505 is now price $22,000, the equivalent of fifty.6% depreciation.

Nonetheless, KBB’s estimate is perhaps barely optimistic from a buyer’s perspective, and CarEdge’s is perhaps closer to real-world pricing. Based on 2021 Titan crew cabs with a clean history (no accidents or title brands) and near-average mileage of about 65,000 miles over five years, dealer listings on CarGurus point to a median selling price of around $24,000, or 46.1% depreciation for the S trim without considering the value of options. Applying this formula to the mid-grade Titan SV (again, a crew cab with average mileage and no antagonistic history) yields similar depreciation. In 2021, this trim had a base MSRP of $47,955. As of this writing, we found multiple marketplace listings priced around $26,000, which represents a forty five.8% loss in value. Once you see how the Titan’s depreciation compares against many of the competition, you may understand why it’s still one among the discontinued Nissan models price buying.

the five-year depreciation of other full-size trucks may influence your decision a few Nissan Titan. We’ll use CarEdge’s calculations here as its estimates for the Titan were closest to market pricing. With a 48.6% lack of value over five years, the 2021 Ram 1500 depreciates barely worse than the Titan and now has a median estimated price of $27,427. The numbers head in a unique direction for other domestic trucks. The 2021 Ford F-150 has declined in value by 40.4% over the identical period, while a same-year Chevrolet Silverado 1500 has an almost equivalent 40.3% depreciation. CarEdge puts the present values of each trucks at $28,799 and $29,159, respectively. The web effect is that you will probably pay more for one among these models on a used automobile lot than an equivalent Nissan Titan or Ram 1500.

Depreciation (or lack thereof) also helps explain why used Toyota Tundras are still especially pricey. In accordance with CarEdge, a 2021 Tundra declines in value by only 24.5% after five years and now trades for $33,548. That is roughly half of what happens to valuations for the Nissan or Ram. Nonetheless, given Toyota’s popularity for strong resale values in comparison with other brands, used Tundra pricing should not be surprising.