Depreciation
The depreciation graph and accompanying table on our page detail how the 2002 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) 2002 NISSAN MAXIMA in 2002 was $38,125.
The average price for used 2002 NISSAN MAXIMA nowadays in 2024 is $4,500 which is 12% from the original price.
Estimated mileage driven per year is 10,879 miles.
The graph below is a depreciation curve for 2002 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 2002 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 | ||
|---|---|---|---|---|---|---|
| 2002 MSRP | 0 mi | $38,125 | — | — | 100% | 0% |
| 2003 | 21,758 mi | $35,836 | +$0 | +0% | 94% | 6% |
| 2004 | 32,637 mi | $25,998 | +$9,838 | +27.45% | 68.19% | 31.81% |
| 2005 | 43,516 mi | $22,877 | +$3,121 | +12% | 60.01% | 39.99% |
| 2006 | 54,395 mi | $23,000 | −$123 | −0.54% | 60.33% | 39.67% |
| 2007 | 65,274 mi | $21,797 | +$1,203 | +5.23% | 57.17% | 42.83% |
| 2008 | 76,153 mi | $18,989 | +$2,808 | +12.88% | 49.81% | 50.19% |
| 2009 | 87,032 mi | $16,999 | +$1,990 | +10.48% | 44.59% | 55.41% |
| 2010 | 97,911 mi | $15,956 | +$1,043 | +6.14% | 41.85% | 58.15% |
| 2012 | 119,669 mi | $10,724 | +$0 | +0% | 28.13% | 71.87% |
| 2013 | 130,548 mi | $9,900 | +$824 | +7.68% | 25.97% | 74.03% |
| 2014 | 141,427 mi | $8,995 | +$905 | +9.14% | 23.59% | 76.41% |
| 2015 | 152,306 mi | $7,956 | +$1,039 | +11.55% | 20.87% | 79.13% |
| 2016 | 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 2002 NISSAN MAXIMA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 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 | $7,948 | 10 sales |
| 70,000 mi | $6,200 | 17 sales |
| 75,000 mi | $5,995 | 22 sales |
| 80,000 mi | $4,679 | 20 sales |
| 85,000 mi | $5,973 | 22 sales |
| 90,000 mi | $4,888 | 18 sales |
| 95,000 mi | $4,488 | 23 sales |
| 100,000 mi | $4,995 | 18 sales |
| 105,000 mi | $4,595 | 43 sales |
| 110,000 mi | $5,245 | 28 sales |
| 115,000 mi | $5,292 | 38 sales |
| 120,000 mi | $4,654 | 28 sales |
| 125,000 mi | $4,371 | 43 sales |
| 130,000 mi | $4,998 | 46 sales |
| 135,000 mi | $3,870 | 28 sales |
| 140,000 mi | $3,495 | 36 sales |
| 145,000 mi | $3,900 | 43 sales |
| 150,000 mi | $3,600 | 47 sales |
| 155,000 mi | $3,499 | 28 sales |
| 160,000 mi | $3,999 | 28 sales |
| 165,000 mi | $3,411 | 38 sales |
| 170,000 mi | $2,897 | 30 sales |
| 175,000 mi | $3,488 | 35 sales |
| 180,000 mi | $3,495 | 41 sales |
| 185,000 mi | $3,100 | 27 sales |
| 190,000 mi | $3,000 | 25 sales |
| 195,000 mi | $3,495 | 29 sales |
| 200,000 mi | $2,994 | 26 sales |
| 205,000 mi | $3,855 | 16 sales |
| 210,000 mi | $2,995 | 33 sales |
| 215,000 mi | $2,995 | 13 sales |
| 220,000 mi | $2,988 | 12 sales |
| 225,000 mi | $2,998 | 14 sales |
| 230,000 mi | $3,777 | 11 sales |
| 250,000 mi | $3,500 | 13 sales |
Frequently asked questions
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Other years of NISSAN MAXIMA
1993 NISSAN MAXIMA
50+ sales records
1995 NISSAN MAXIMA
200+ sales records
2000 NISSAN MAXIMA
$4,790 average used price
1,900+ sales records
2001 NISSAN MAXIMA
$4,225 average used price
1,700+ sales records
2003 NISSAN MAXIMA
$5,000 average used price
1,600+ sales records
2014 NISSAN MAXIMA
$10,724 average used price
28,000+ sales records
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2002 NISSAN MAXIMA on BADVIN
