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Nissan

Nissan - Micra (2023)

Discover the 2023 Nissan Micra – a compact car that blends style, efficiency, and practicality into one sleek package. Whether you’re a first‑time buyer eyeing the Nissan Micra price or a seasoned collector researching depreciation trends, our database offers real‑world insights that help you make an informed decision. As the 2023 update sets new benchmarks, this article breaks down everything you need to know about the Nissan Micra 2023 price, the ongoing depreciation curve, and how it stacks up against similar models on the road.

Key Technical Specifications

  • Engine: 1.0L 3‑cyl, 77 bhp (petrol) or 1.0L 3‑cyl 75 bhp (hybrid)
  • Transmission: 6‑speed manual or 6‑speed automated manual (AM)
  • Fuel Type: Petrol or mild hybrid (EBR‑S)
  • Power Output: 77 bhp / 53 kW (petrol); 75 bhp / 55 kW (hybrid)
  • Torque: 91 Nm (petrol); 95 Nm (hybrid)
  • Dimensions: Length 3,850 mm – Height 1,489 mm – Width 1,660 mm
  • Wheelbase: 2,365 mm
  • Curb Weight: 1,035 kg (petrol)
  • Seating Capacity: 5
  • Fuel Efficiency (combined): 4.9–5.4 L/100 km (petrol), 4.2–4.6 L/100 km (hybrid)
  • Max Power / Max Torque: 77 bhp / 91 Nm (petrol), 75 bhp / 95 Nm (hybrid)

Depreciation Insight

The Nissan Micra depreciation curve is one of the most transparent among compact cars, making it a reliable reference for buyers and dealers alike. Typical depreciation rates based on recent market data are:

  • First year: 15 – 20% loss in value compared to new price
  • Second year: 18 – 24% cumulative decline
  • Third year: 25 – 30% cumulative decline
  • Fourth year: 30 – 35% cumulative decline
  • Long‑term (5‑10 years): 45 – 50% of original value, depending on mileage, condition, and maintenance history

These estimates are derived from aggregated dealership sell‑through data and retained market surveillance. They provide a realistic expectation when evaluating used Nissan Micra valuation, especially when asked “what is a 2023 Nissan Micra worth” in a pre‑sale scenario.

Comparison Context

When positioned against similar segment leaders such as the Toyota Aygo, Hyundai i20, or Kia Picanto, the 2023 Nissan Micra offers a competitive blend of:

  • Lower base engine displacement** for improved fuel economy.
  • A larger wheelbase** delivering more cabin space than its rivals.
  • Stylish, modern interior design with optional digital instrument cluster.
  • Availability of a hybrid powertrain, setting it apart in an era where electrification is growing.

On the resale front, it typically retains 10%–15% greater value than comparable models of similar age, owing to its robust build quality and Nissan’s strong after‑sales network.

Market Position Statement

Popular in the compact city‑car segment, the Nissan Micra appeals to: