Nissan Leaf Resale Value Expected to Drop

Nissan Leaf Resale Value Expected to Drop

New Nissan Leaf owners might be rejoicing that their vehicles saw a $6,400 cut in its MSRP, but early adopters might not be happy when the electric vehicle’s resale value takes a drop.

Kelley Blue Book has stated that the 2013 Leaf will retain around 35 percent of its MSRP after three years – five percent less than what the vehicle evaluation resource gave the 2012 model year Leaf at the end of 2011. According to Automotive News, KBB has adjusted the Leaf’s resale value based on the 2011 sale prices on the used car market. The 2011 models have hovered around 35 percent for the past few months.

SEE ALSO: Nissan Leaf Sales Beat Chevy Volt Year to Date

Nissan dropped the MSRP of its Leaf model from $36,050 to $29,650 after sluggish sales. Early Leaf models are also coming to auction now after several rental car companies have abandoned them since customers opt for the standard gasoline cars. Some of the Leafs making an appearance at the auctions have less than 10,000 miles on the odometer and have been selling at an average of $13,700.

[Source: Automotive News]

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