WORLD BEST

Car price tracker

Track car prices and stay informed on market trends with our comprehensive car pricing tool. See historical prices and compare models to make an informed decision on your next vehicle purchase. Find the best deal on your dream car today!
< Go back
Nissan

Nissan - Altima (2008)

Discover the true value of the 2008 Nissan Altima – the dependable midsize sedan that balances comfort, fuel efficiency, and modern styling.

When it comes to buying or selling a Nissan Altima price that reflects a vehicle’s performance, value, and place in the market, it helps to look beyond the sticker and ask the right questions. For those who own a 2008 Nissan Altima or are considering buying a pre‑owned one, you’ll want to understand how it compares in the current auto landscape and what the actual used Nissan Altima price could be. Below, we break down the key specs, depreciation trends, and market positioning that can inform your decision.

  • Engine: 2.5‑L 4‑Cylinder (1lqe) – delivers a good blend of power and economy.
  • Transmission: 5‑Speed Automatic (6rate) – smooth shifting for city and highway cruising.
  • Fuel Type: Regular gasoline; typical fuel economy 21–21 mpg city / 30–36 mpg highway.
  • Dimensions: Length: 191.9″, Width: 74.2″, Height: 56.5″; Wheelbase: 111.8″.
  • Interior Features: Cloth upholstery, 5‑speaker stereo, power windows/locks, dual‑zone climate control.
  • Wheel and Tire: 15‑inch alloy wheels, 205/55R16 tires.
  • Safety: Dual front airbags, side‑air bags, anti‑locking brakes, traction control, and 6‑point seatbelt belting.
  • Other Notable Items: Keyless entry, dual‑gasoline hybrid option available on select trims, available power seats.

These specifications give the 2008 Nissan Altima its reputation as a well‑rounded, versatile sedan. Its compact size offers maneuverability in urban settings, while the interior roominess lends itself to families and long trips alike.

Understanding Nissan Altima depreciation for a 2008 model

When buyers and sellers consider the worth of an old vehicle, Nissan Altima depreciation is a key determinant. According to industry sources, a mid‑size sedan like the 2008 Altima typically loses from 15% to 20% of its value during the first year after purchase. Over the first five years, the depreciation curve flattens, with an estimated 35%–40% loss by year five. This estimate reflects normal market demand, mileage, and condition. As a rule of thumb, vehicles that are well‑maintained and driven at reasonable mileage can retain more value than those with higher wear.

To put this into perspective:

  • First year: 15‑20% loss (e.g., a vehicle originally listed for $18,000 might be worth ~$14,400–$15,300).
  • Year two: Approximately 10‑12% loss of the remaining value.
  • Year three: Another 7‑9% loss.
  • By year five: Total depreciation roughly 35‑40% of the initial price; a vehicle could be valued at roughly 60% of its maiden price.

These figures may vary, influenced by the market region, the vehicle’s maintenance history, and how closely it aligns with buyer preferences. If you’re exploring “what is a 2008 Nissan Altima worth,” a ballpark range might be around $4,000 to $6,000 in a well‑conditioned scenario. The precise figure will, of course, fluctuate based on each car’s unique circumstances.

Comparison context

Because the 2008 Altima competes directly with other reputable midsize sedans, it is useful to see how it stacks up: