Jul
20
A Surprising Trend in Used Truck Prices
If you guessed that popular models like the Toyota Tacoma or Ford Maverick are leading the charge in used truck price hikes, you’d be mistaken. The real surprise is the used Nissan Frontier, a truck that’s not usually in the spotlight. Despite often being overlooked in rankings, the Frontier’s prices are on the rise, defying the broader market trends.
Factors Driving the Price Increase
Recent data shows that while the average price for a used Nissan Frontier in June 2023 was $30,097—an increase of 4.3% or $1,248 from the previous year—the Honda Ridgeline, known for its value, saw a price drop. This unusual trend could be attributed to supply constraints: sales of the Frontier plummeted by 24.5% year-over-year, leading to fewer available models. With reduced inventory, prices naturally climb, but the question remains: is there growing demand for the Frontier?
Is a used Frontier worth buying?
Evaluating the Nissan Frontier’s Value
The used Nissan Frontier stands out in the crowded truck market due to its relatively recent redesign and modern features. With a 3.8-liter V6 engine producing 310 horsepower and 281 lb-ft of torque, it offers impressive standard power compared to its competitors. The Frontier also benefits from a high reliability score of 83 out of 100 from J.D. Power, indicating it’s a solid choice for buyers looking for a dependable used truck. As the market shifts, the Frontier’s modern amenities and robust engine make it a compelling option for those seeking a newer feeling truck at a used price.