1 Expensive Issue Puts the Nail in the Nissan Titan’s Coffin
We are sad to see the Nissan Titan go. The truck world will be missing something as this full-size option is discontinued. But for multiple reasons, its time is up. As the 2024 Nissan Titan ends an era, it’s being sent off with one expensive disadvantage.
Does the Nissan Titan have a good resale value?
The Nissan Titan actually has the worst resale value out of every single truck on the market in America. After five years, it’s only expected to retain about 74.04% of its value. On the list of vehicles with the worst resale value, it landed in 89th place.
There are 101 models included on this list, and the GMC Yukon XL is in last place with a five-year residual value of 68.38%. The Nissan Frontier is on the other end of the spectrum, with the best residual value of 88.55% after five years.
Also, the Ford F-150 is the full-size truck with the best residual value of 86.75%. Being the most popular truck probably gives it an edge.
So, if you’re interested in the 2024 Nissan Titan, it’s still a good investment. However, rivals like the Chevy Silverado, Toyota Tundra, and Ram 1500 each maintain a better resale value. But as a durable option with a standard V8 engine, why does the Titan have a weak resale value?
How much does the 2024 Titan cost?
The 2024 Nissan Titan starts at $45,770, making it the most expensive truck. It has a higher starting price than the luxurious GMC Sierra 1500, which starts at $37,100. Also, the 2023 Ford F-150 begins at $34,585.
Prices for rivals may increase for 2024, but they probably won’t cross the $40,000 mark. Truck pricing and popularity may impact resale value, and the Titan has been struggling against declining sales.
Perhaps it’s too expensive, even though it comes with a standard 5.6-liter V8 engine with 400 hp and 413 lb-ft of torque. The standard engine in the Ford F-150 is a 3.3-liter V6 engine with 290 hp and 265 lb-ft of torque.
But on the other hand, the F-150 may have an advantage by offering a basic work truck model. The entry-level XL trim is the most popular option. The entry-level Titan S model is a little basic, with steel wheels, but it also includes tons of safety features.
The Titan can only tow up to 9,323 lbs, putting it far behind the competition. The Ford F-150 can tow up to 14,000 lbs.
Also, its high price tag doesn’t reflect a quality performance or luxurious cabin. The steering is heavy, the brakes are soft, the cabin is loud, the interior is full of plastics, the cameras could have a better resolution, and the infotainment screen gets washed out.
How reliable is the Titan?
The 2024 Nissan Titan is expected to be a reliable option. J.D.Power gave the 2022 model a rating of 85 out of 100. This is an above-average score. Anything between 70 and 80 is average, while scores between 81 and 90 are above average.
Plus, the average Titan is expected to last between 200,000 to 250,000 miles. But it’s not uncommon for Titan models to keep going after 300,000 miles. Regular maintenance and proper care is the key to longevity.
If you drive an average of 15,000 miles per year, then your Nissan Titan could provide between 16 to 20 years of service on the road.
The Nissan Titan is still a solid truck to consider, but it is being discontinued due to a lack of sales as Nissan moves towards electrification. Stay tuned for discounts and updates about what this truck will be replaced by.
