Depreciation
The depreciation graph and accompanying table on our page detail how the 1997 NISSAN MAXIMA's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1997 NISSAN MAXIMA in 1997 was $38,125.
The average price for used 1997 NISSAN MAXIMA nowadays in 2024 is $3,350 which is 9% from the original price.
Estimated mileage driven per year is 10,879 miles.
The graph below is a depreciation curve for 1997 NISSAN MAXIMA. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1997 NISSAN MAXIMA in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1997 MSRP | 0 mi | $38,125 | — | — | 100% | 0% |
| 1998 | 21,758 mi | $35,836 | +$0 | +0% | 94% | 6% |
| 1999 | 32,637 mi | $25,998 | +$9,838 | +27.45% | 68.19% | 31.81% |
| 2000 | 43,516 mi | $22,877 | +$3,121 | +12% | 60.01% | 39.99% |
| 2001 | 54,395 mi | $23,000 | −$123 | −0.54% | 60.33% | 39.67% |
| 2002 | 65,274 mi | $21,797 | +$1,203 | +5.23% | 57.17% | 42.83% |
| 2003 | 76,153 mi | $18,989 | +$2,808 | +12.88% | 49.81% | 50.19% |
| 2004 | 87,032 mi | $16,999 | +$1,990 | +10.48% | 44.59% | 55.41% |
| 2005 | 97,911 mi | $15,956 | +$1,043 | +6.14% | 41.85% | 58.15% |
| 2007 | 119,669 mi | $10,724 | +$0 | +0% | 28.13% | 71.87% |
| 2008 | 130,548 mi | $9,900 | +$824 | +7.68% | 25.97% | 74.03% |
| 2009 | 141,427 mi | $8,995 | +$905 | +9.14% | 23.59% | 76.41% |
| 2010 | 152,306 mi | $7,956 | +$1,039 | +11.55% | 20.87% | 79.13% |
| 2011 | 163,185 mi | $7,500 | +$456 | +5.73% | 19.67% | 80.33% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the NISSAN MAXIMA’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1997 NISSAN MAXIMA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1997 NISSAN MAXIMA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 65,000 mi | $4,988 | 10 sales |
| 85,000 mi | $4,700 | 11 sales |
| 150,000 mi | $1,798 | 10 sales |
| 160,000 mi | $2,247 | 14 sales |
| 165,000 mi | $2,999 | 10 sales |
| 175,000 mi | $2,600 | 13 sales |
Frequently asked questions
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Proper maintenance and good condition can slow the depreciation of a 1997 NISSAN MAXIMA by making it more attractive to potential buyers, thereby preserving more of its value.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Other years of NISSAN MAXIMA
1994 NISSAN MAXIMA
40+ sales records
2001 NISSAN MAXIMA
$4,225 average used price
1,700+ sales records
2004 NISSAN MAXIMA
$4,995 average used price
3,300+ sales records
2005 NISSAN MAXIMA
$5,986 average used price
2,800+ sales records
2013 NISSAN MAXIMA
$9,900 average used price
11,500+ sales records
2016 NISSAN MAXIMA
$15,956 average used price
48,400+ sales records
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