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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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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