SUVs may be dominating U.S. vehicle sales, but that doesn’t mean they’re the answer for everyone. While the popularity of the sedan has declined in recent years in favor of the height and spaciousness of utility vehicles, the budget-minded or performance-oriented driver won’t be as inclined to go the SUV route. And while utility vehicles tend to be more expensive, a brand-new sedan can be pricey as well. That said, if you want a practical car that won’t break the bank but are still looking for something with alluring creature comforts, why not look into the preowned market? Once depreciation takes hold of new cars (the sharpest decline in valuation happens in the first year of ownership), the door opens for savvy shoppers to find an exceptional deal once those cars are traded in.
Used Pricing Advantage
Nissan’s sedan selection includes the subcompact Versa, the compact Sentra, the midsized Altima, and the full-sized Maxima. While they’re priced great as brand-new cars, the savings can be dramatic for the second owner. Let’s compare the price of a 2020 Altima SL to one from 2016 for reference. The 2020 version lists a starting MSRP of $30,240, but you can find the same trim for significantly under $20,000 with low to average miles on the odometer. If you want a larger and more upscale used Nissan sedan, look to the Maxima. While a 2020 SL is priced at $38,640, a 2017 can be found for around $22,000 in the ballpark of 35,000 miles.
Nissan’s Certified Pre-Owned Selection
While shopping used is a smart plan, the ultimate route is to shop certified pre-owned (CPO). With Nissan’s CPO program, only the used models in the best condition can make the cut. To qualify, a used Nissan must be less than six years old, have less than 80,000 miles on the odometer, come with a clean title and vehicle history report, and pass a rigorous 167-point inspection. If anything during the inspection isn’t up to par, then Nissan-certified technicians will fix the issue using genuine Nissan parts.
Each CPO Nissan gets a 7-year/100,000-mile limited warranty, 24-hour emergency roadside assistance, car rental reimbursement and towing benefits (for breakdown due to failure of a covered part or system), a free CARFAX vehicle history report, and a three-month trial subscription for SiriusXM satellite radio. For even more confidence with your purchase, there’s an optional Security+Plus Extended Protection Plan, which covers more than 1,500 vehicle components in addition to the 600-plus already covered under the limited warranty.