The E500 had an air suspension failure issue which would be around $2000 to remedy, the same model year E320 with normal suspension was worth $2000 more. The 2005+ models were worth about $2500 more than a 2004 (despite only being worth $5000 and $7500) There were major defects in the 2003-2004 models which would cost around $2500 to fix. I found the whole range was actually priced pretty similarly once you factored that in. When I wanted an W211 E-class Mercedes (2003-2009), I researched the common failures and the cost to repair. I've shopped for many different used 10-15 year old cars, and through my research have found the used market is extremely accurate in pricing in expected upkeep or failures, even among different variants of the same model from the same brand.
While the poor upkeep by the sub-prime owners certainly doesn't help, the poor resale value is largely due to everyone knowing they are ticking time bombs. At this point it's joked the Nissan Altima is the official car of bad credit or bad neighbourhoods. The cost to replace it is typically most if not more than the value of a typical Nissan.īecause they were selling defective cars, their buyers dried up, so they had to resort to buyers with sub-prime credit. The average time to failure depends slightly on the model, but it's often around 60-70k miles. Since 2001 Nissan has used their defective CVT transmission in the vast majority of their lineup from the compact Versa to the Pathfinder SUV (aside from the sports cars and pickup trucks).
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There's also material differences, there's a reason the Nissan CEO from that era is currently a fugitive and on trial for financial misconduct.Īnd not by some technicality either, he literally hired a paramilitary group to disguise themselves as musicians and smuggle him out of Japan while on bail.
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