Nissan Leaf Price, Depreciation, and Value

Catrina C
Feb 26, 2021

Red 2020 Nissan Leaf From Passenger Side

The Nissan Leaf is an entirely electric vehicle that starts at $31,600. Looking at the best model year for value, the 2017 allows you to pay around 44% of the new price and to have 75% of the vehicle’s life remaining.

Do Nissan Leafs hold their value?

With the starting MSRP of $31,600, the Nissan Leaf is one of the first affordable electric vehicles. It does not hold its value well over time, however, losing around 62% of its value in just five years.

After 10 years, the vehicle will hold only around 20.36% of its overall starting value, which is lower than some of its competitors, such as the Hyundai Kona EV and Chevrolet Bolt EV.

Does the Nissan Leaf Hold its Value?

The Nissan Leaf will depreciate by around 62 percent within the first five years of ownership. That takes it from a purchase price of approximately $33,236 to $6,767 after 10 years. However, keep in mind that there is still a federal tax credit worth $7,500 for this electric vehicle.

Looking at its competitors, it has a much lower starting price. However, it does lose a significant amount of value over time, which is something to consider.

Chevrolet Bolt EV

  • Starting MSRP: $41,212
  • 10-Year Retail: $8,617

Hyundai Kona EV

Tesla Model 3

  • Starting MSRP: $46,355
  • 10-Year Retail: $14,755

Customer Perception

The 2020 Nissan leaf has a range of 150 miles, which many customers love. Owners give the vehicle 3.5/5 stars, though around 33% of the six reviews were only one star. The largest complaint was about the need to replace the battery and capacitor.

On the other hand, the vehicle is reportedly comfortable and comes with an excellent tax break. The gas mileage saves on fuel as well.

What is the Price of a 2020 Nissan Leaf?

The 2020 Nissan Leaf has an MSRP of $31,600 to $43,900. Amazingly, it gets up to 123 mpg in the city and 99 on the highway, which is why it’s appealing to those who travel often.

Each trim is a little different. They have between 147 and 214 horsepower and seat five.

Notable options include:

  • Quick-charge ports and portable-charge cables on the plus models
  • An SV technology package with LED lighting, power seats and electric parking brakes
  • SV Plus Technology packages with rear cross-traffic alerts

Nissan Leaf S

MSRP: $31,600

The Nissan Leaf S has a 110kW AC Synchronous Motor with an electric fuel system. It has 236 ft. lbs. of torque and 147 hp. It gets up to 123 mpg in the city and 99 mpg on the highway. It is a single-speed automatic.

Some additional options for this vehicle include:

  • The F01 S Charge Package ($1,690)
  • The B92 Protection Package ($265)

Nissan Leaf SV

MSRP: $34,190

The Nissan Leaf SV has a 110kW AC synchronous motor with 236 ft. lbs. of torque.

It comes standard with a leather/metal-look steering wheel. It also has interior-trim colored instrument panel inserts and a piano-black insert in the console. It comes standard with a 60-40 folding bench rear seat.

This trim comes with the NissanConnect EV and services tracker system. It also has SiriusXM and an 8-inch color display with multi-touch controls.

Nissan Leaf S PLUS

MSRP: $38,200

The S PLUS comes with a 160kW AC synchronous motor and 250 ft. lbs. of torque, making it a slightly faster and stronger vehicle. It also has 214 hp, while the previous model had only 147. Its 16-inch alloy wheels come standard.

The front bucket seats include six-way manual and four-way manual front passenger seat adjustments.

The interior has a metal-look instrument panel with a console insert and accents.

Nissan Leaf SV PLUS

MRSP: $39,750

At a higher price point, this model also has more power. It comes with 214 hp. and 250 ft. lbs. of torque. It is a front-wheel-drive vehicle and fully automatic aero-composite halogen auto high-beam headlamps.

The SV plus has standard cloth door trim inserts and a day-night rearview mirror. It also has seats with cloth-back materials.

Nissan Leaf SL PLUS

MSRP: $43,900

The Nissan Leaf SL PLUS has many of the same specs as previous models. It differs in its mirrors, which are body-colored power heated side mirrors with turn indicators. The front bucket seats are heated as well.

Leather-appointed seat trim and a six-way driver seat make for a more comfortable drive. HVAC is also included with under-seat ducts.

Research Your Next Vehicle Purchase at Vehicle History

At Vehicle History, we work with people in the industry to provide you with the best data about the cars you may be interested in buying or researching more about. Look up your next vehicle’s history here to determine if it’s right for you.

avatar Catrina C
Catrina C. is a former auto auction block clerk and current freelance automotive industry writer. She enjoys writing, taking long trips in her Ford and providing solid automotive advice.
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