A new study by Japanese magazine Best Car reveals the Nissan Z 2024 retains just 45% of its value after three years—lower than expected for a popular sports car. Is it still a smart buy for enthusiasts in Saudi Arabia?
A recent study by Japanese magazine Best Car has revealed that the 2024 Nissan Z retains only about 45% of its value after three years of ownership. This figure is lower than anticipated for a sports car with such a strong following, raising questions about its long-term investment potential, especially in the Saudi market where sports car popularity is surging.
What is the Nissan Z 2024?
The all-new Nissan Z (known as the Fairlady Z in Japan) is a front-engine, rear-wheel-drive sports car powered by a 3.0-liter twin-turbo V6 producing 400 horsepower. It is available with either a 6-speed manual or a 9-speed automatic transmission. In Saudi Arabia, it competes directly with the Toyota Supra and BMW Z4.
Why is the resale value so low?
The study points to several factors behind the Nissan Z’s lower-than-expected resale value:
- Fierce competition: The Toyota Supra retains about 55% of its value after three years, making it more attractive in the used market.
- Limited demand for manual transmissions: In Japan and the Gulf, automatic transmissions are preferred, reducing demand for manual versions.
- Higher maintenance costs: Sports cars generally have higher upkeep expenses, pushing buyers toward more affordable alternatives.
How does the Nissan Z compare to rivals in value retention?
Here’s a quick comparison of three-year value retention for sports cars in the Saudi market (based on local reports):
- Toyota Supra 2024: ~55%
- BMW Z4 2024: ~50%
- Nissan Z 2024: 45%
- Mazda MX-5 2024: ~60%
As shown, the Nissan Z lags behind, but it still outperforms some luxury European models that lose over 60% of their value.
Is the Nissan Z a good investment in Saudi Arabia?
Despite its lower resale value, the Nissan Z remains an excellent choice for driving enthusiasts thanks to its powerful performance and striking design. If you plan to keep the car for more than five years, depreciation becomes less of a concern. However, if you intend to sell after three years, you may lose more compared to rivals. In Saudi Arabia, Nissan’s extensive dealer network helps with maintenance and parts availability, which supports buyer confidence.
When will the 2024 Nissan Z arrive in Saudi Arabia?
The Nissan Z has been available in Saudi Arabia since 2023, and 2024 models are arriving at local dealerships. Prices start at approximately SAR 220,000 for the base trim and can reach SAR 280,000 for the fully equipped version.
Final verdict: Is the Nissan Z worth buying?
The Nissan Z is a fantastic sports car that delivers exceptional driving pleasure, but it is not the best choice for value retention. If you prioritize driving fun over resale value, it is an excellent option. For those seeking a car that holds its value better, the Toyota Supra or Mazda MX-5 may be more suitable.
Frequently Asked Questions
How much does the Nissan Z 2024 cost in Saudi Arabia?
The Nissan Z 2024 starts at around SAR 220,000 for the base trim and goes up to SAR 280,000 for the top trim. Prices may vary by dealer and promotions.
Is the Nissan Z better than the Toyota Supra in resale value?
No, the Toyota Supra retains about 55% of its value after three years, compared to the Nissan Z's 45%. If resale value is important, the Supra is a better choice.
What are the main drawbacks of the Nissan Z in terms of maintenance?
The Nissan Z requires relatively costly periodic maintenance due to its sports car nature, and parts availability may be limited in some areas. However, Nissan's dealer network in Saudi Arabia provides good support.
When did the Nissan Z 2024 launch in the Gulf region?
The Nissan Z has been available in Saudi Arabia since 2023, with 2024 models arriving at local dealerships. It is also sold in the UAE and other Gulf markets.
Sources
- Best Car Web (JP) — フェアレディZの3年残価率45%!! スポーツモデルのリセールは実際どーなの!?!?
