It’s been a little while since we last put a car depreciation profile together so we thought we’d give it a revisit, this time with the Nissan Navara. We went through the ins and outs of what car depreciation is in our Mazda CX-5 depreciation article so if you need a bit of a refresher, have a read of that to get back up to speed.
Okay, now back to the vehicle in question!
The 2021 Nissan Navara has effectively had the biggest overhaul since the truck was introduced to the market back in 2015. It really does look awesomely tough, especially the top-of-the-line PRO-4X which comes stock with fender flares, all-terrain tyres and a black-on-red styling theme that looks seriously good.
Unfortunately, though, there’s been no power improvements from the previous model-year; all models in the range come with a 2.3-litre twin turbo engine, with the 4WD models pushing out 450nM of torque. Conversely, price HAS gone up across the range - perhaps due to the advanced tech available in the MY21 Navara range.
If you’re considering buying a Nissan Navara, whether for personal or business use, it’s a good idea to get a gauge on its prospective resale value by sussing out its anticipated rate of depreciation - we’ve gone ahead and done that for you, so read on!
How the Navara compares to industry standard depreciation
Using this Canstar article as a reference, the average depreciation rates for cars for each year of ownership within the first three years are as follows:
- 19% after the first year
- Another 15% after the second year
- Yet another 15% after the third year
Righto, so now we know that we can compare the Nissan Navara against the industry average and see how she fares.
Using the base model 2020 Navara Manual 4X2 SL Single Cab Chassis as the basis for our comparison, we tapped into the database over at redbook.com.au to find out how it measures up.
As you can see, according to redbook, its purchase price new is the previously stated $32,300 and the trade-in price ranges between $23,100 and $25,800 which equates to a first-year depreciation rate of around 20% to 28%.
Get behind the wheel of a brand new Navara quickly - and with zero hassles
Now that we’ve established that they’re better than average in terms of keeping their value (even if only a little), if you want to sort out finance as easily as possible and with absolutely no hassles at all, you’re in the right place.
At Stratton Finance, we’ve been working in the finance industry for well over 20 years, which has allowed us to build up not just an exceptional reputation but also a vast pool of lenders, all available at our fingertips. Don’t limit yourself to the few finance packages available at a bank; allow us to sift through hundreds to ensure you’re getting the absolute best car finance deal out there. Use our online finance calculator to discover just how low your repayments could be!
If you’re interested in refinancing given today's record low interest rates - call us today on 1300 787 288 or message us online and we’ll be in touch soon.
And for those who don’t have the time to shop around at the umpteen dealerships to find a Navara at the right price, our industry partners at carconnect will do all the legwork for you. They’ll tender the sale out to dealerships all over Australia who’ll then send you their best price - then you simply pick the one that’s right for you. After payment has been sorted, you can even have your car delivered direct to you - wherever you are around the country.
Disclaimer: Nothing in this article should be assumed as personal advice. You should consider whether the information is appropriate to your needs, and where appropriate, seek advice from a professional financial adviser.