Nissan Magnite value and depreciation
Known for aggressive pricing and a long warranty.
Projected value of a new Nissan Magnite
We class the Nissan Magnite as a mainstream in our 12-tier model, which puts its retention at roughly 67% after three years and 54% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 83% | R 208 166 | R 183 186 |
| 3 years | 67% | R 169 740 | R 149 371 |
| 5 years | 54% | R 135 450 | R 119 196 |
| 7 years | 42% | R 106 914 | R 94 084 |
| 10 years | 29% | R 73 756 | R 64 905 |
Estimates for a new purchase at R 252 200; retail basis, trade-in ≈ 12% under retail.
Launched in April 2021, the Indian-built Magnite gave Nissan a foothold in the budget compact SUV boom. Sharp pricing and a 6-year/150,000 km warranty quickly made it the brand's best-selling passenger car. A 2024 facelift added updated styling and even a panel van version.
What used Magnite years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Magnite | R 252 200 | R 221 936 | Details → |
| 2025 Magnite | R 197 314 | R 173 636 | Details → |
| 2024 Magnite | R 168 886 | R 148 620 | Details → |
| 2023 Magnite | R 144 553 | R 127 207 | Details → |
| 2022 Magnite | R 122 397 | R 107 709 | Details → |
| 2021 Magnite | R 103 638 | R 91 201 | Details → |
Magnite against its rivals
Where the Magnite ranks
Nissan Magnite: common questions
What is a Nissan Magnite worth after 3 years?
A Nissan Magnite bought new today for R 252 200 is projected to be worth about R 169 740 after three years, which is 67% of its price. A dealer trade-in offer would sit closer to R 149 371.
Does the Nissan Magnite hold its value?
We class the Nissan Magnite as a mainstream in our 12-tier model, which puts its retention at roughly 67% after three years and 54% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
What does a used Nissan Magnite cost?
As a guide: a 2024 model is worth about R 168 886 retail today, while a 2021 model sits around R 103 638. Condition, mileage and spec move real prices by 10% or more either way.
What would a Nissan Magnite cost per month?
Financing a new Nissan Magnite at R 252 200 over 72 months at 11.75% with a 10% deposit comes to roughly R 4 408 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.