How Much Is a 2016 Nissan Altima Worth

The 2016 Nissan Altima remains a popular midsize sedan thanks to its fuel efficiency, comfortable ride, and solid reliability. Its value today depends on trim level, mileage, condition, and location, with prices typically ranging from $10,000 to $16,000.

This is a comprehensive guide about How Much Is A 2016 Nissan Altima Worth.

Key Takeaways

• Price Range: A 2016 Nissan Altima typically sells for $10,000 to $16,000, depending on condition and mileage.
• Trim Levels Matter: Higher trims like the SL and SR command higher prices than the base S model.
• Mileage Is Key: Vehicles under 70,000 miles hold more value; those over 100,000 drop significantly in price.
• Engine Options: The 2.5L four-cylinder is most common, while the 3.5L V6 offers more power but lower fuel economy.
• Maintenance History Counts: Well-documented service records can increase resale value by up to 10%.
• Location Affects Price: Prices vary by region due to demand, climate, and local market trends.
• Certified Pre-Owned (CPO) Adds Value: CPO Altimas often cost $1,500–$2,500 more but include extended warranties and inspections.

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How Much Is a 2016 Nissan Altima Worth?

If you’re shopping for a used car or thinking about selling your 2016 Nissan Altima, one of the first questions on your mind is likely: How much is a 2016 Nissan Altima worth? The answer isn’t as simple as checking a single number—it depends on a mix of factors including trim level, mileage, condition, location, and even the time of year you’re buying or selling.

The 2016 Nissan Altima was one of the best-selling midsize sedans in America during its model year, praised for its smooth ride, spacious interior, and impressive fuel economy. It came in several trim levels—S, SV, SL, and the sportier SR—each offering different features and performance options. Today, nearly a decade later, the Altima still holds up well as a dependable daily driver, especially for commuters and families looking for affordability without sacrificing comfort.

But how do you figure out what your specific 2016 Altima is worth? Whether you’re buying, selling, or just curious, this guide will walk you through everything you need to know—from average pricing trends to hidden depreciation traps and smart negotiation tips. By the end, you’ll have a clear picture of what to expect when it comes to the real-world value of this popular Nissan sedan.

Average Market Value of a 2016 Nissan Altima

So, what’s the going rate for a 2016 Nissan Altima in 2024? According to data from Kelley Blue Book (KBB), Edmunds, and Autotrader, the typical price range for a used 2016 Altima falls between $10,000 and $16,000. That’s a wide window—and for good reason. Two Altimas with the same model year can have vastly different values based on their history and specs.

Let’s break it down by condition and mileage, which are the two biggest influencers of price:

– Excellent Condition, Low Mileage (under 60,000 miles): Expect to pay $14,000–$16,000. These vehicles often come from single owners, have full service records, and may even be certified pre-owned (CPO).
– Good Condition, Average Mileage (60,000–90,000 miles): This is the sweet spot for most buyers. Prices here range from $11,500 to $14,000. These cars are well-maintained but show normal wear and tear.
– Fair Condition, High Mileage (90,000–120,000 miles): You’ll find listings around $9,000–$11,500. These may need minor repairs or cosmetic fixes.
– Poor Condition or Very High Mileage (over 120,000 miles): Prices drop to $7,000–$9,000, sometimes lower. These are best suited for budget buyers or those planning to use the car as a temporary solution.

It’s also important to note that private party sales usually fetch higher prices than trade-ins at dealerships. For example, a clean 2016 Altima SV with 75,000 miles might sell for $13,000 privately but only get a $10,500 trade-in offer. Always get multiple quotes if you’re selling.

Regional Price Variations

Where you live plays a surprising role in your Altima’s value. In colder climates like Minnesota or Michigan, rust-free vehicles with minimal winter damage command premiums. Meanwhile, in warmer states like Arizona or Florida, high-mileage cars may still look great cosmetically but could have hidden issues from heat exposure or long highway commutes.

For instance, a 2016 Altima SL with 80,000 miles might list for $14,200 in Portland, Oregon, but only $12,800 in Houston, Texas—where sedans face stiffer competition from trucks and SUVs. Always check local listings on sites like Cars.com or Facebook Marketplace to gauge your area’s market.

Factors That Influence the 2016 Nissan Altima’s Value

Now that you know the general price range, let’s dig into the specifics that can push your Altima’s value up or down. Understanding these factors will help you make smarter buying or selling decisions.

Trim Level and Features

The 2016 Altima came in four main trims: S, SV, SL, and SR. Each adds more features—and cost.

– S Trim: The base model. It includes essentials like air conditioning, power windows, and a basic audio system. Expect to pay $10,000–$12,000 for a well-kept S.
– SV Trim: Adds alloy wheels, upgraded infotainment with a 5-inch display, rearview camera, and better cloth seats. This is the most popular trim. Prices range from $11,500–$14,000.
– SL Trim: Luxury-oriented with leather seats, dual-zone climate control, premium Bose audio, and advanced safety features like blind-spot monitoring. SL models often sell for $13,000–$15,500.
– SR Trim: Sport-tuned suspension, 18-inch wheels, paddle shifters, and a more aggressive look. While fun to drive, the SR doesn’t hold value as well as the SL due to higher wear on suspension components. Expect $12,000–$14,500.

Optional packages also matter. A SV with the Technology Package (navigation, smartphone integration) will cost more than a base SV.

Mileage and Vehicle History

Mileage is arguably the strongest predictor of value. Nissan recommends major maintenance every 7,500 miles, so a car with consistent oil changes and timely service will last longer—and be worth more.

A 2016 Altima with 50,000 miles is considered low-mileage and can retain up to 70% of its original value. But once you cross 100,000 miles, depreciation accelerates. At 120,000 miles, even a clean Altima may lose another 15–20% of its value.

Always request a vehicle history report (like Carfax or AutoCheck). Accidents, flood damage, or multiple owners can slash value—even if the car runs fine. A single minor fender bender might not hurt much, but a reported frame damage incident could drop the price by $2,000 or more.

Engine and Drivetrain

The 2016 Altima offers two engine choices:

– 2.5L Four-Cylinder: Produces 182 hp and gets up to 38 mpg highway. This is the most common engine and appeals to fuel-conscious buyers. It’s reliable and inexpensive to maintain.
– 3.5L V6: Delivers 270 hp and a quicker acceleration feel. However, it’s less fuel-efficient (around 26 mpg combined) and costs more to insure and repair. V6 models are rarer and typically priced $1,000–$1,500 higher than comparable 4-cylinder versions.

Both engines are generally reliable, but the V6 has a timing chain instead of a belt, which reduces maintenance needs. Still, the 2.5L remains the smarter buy for most people due to lower running costs.

Condition and Maintenance

A clean interior, shiny paint, and no warning lights on the dash go a long way. But beyond cosmetics, maintenance history is king.

Cars with documented oil changes, brake jobs, and tire rotations sell faster and for more money. For example, an SV with 85,000 miles and a full service log might sell for $13,200, while an identical car with no records might struggle to hit $11,800.

Common issues to watch for in the 2016 Altima include:
– CVT (continuously variable transmission) shuddering (usually fixable with software updates)
– Weak rear suspension bushings (causes clunking over bumps)
– HVAC blend door actuator failure (leads to inconsistent heating/cooling)

Addressing these proactively can preserve value.

Certified Pre-Owned (CPO) vs. Private Sale vs. Dealer Purchase

Where you buy—or sell—your 2016 Altima affects both price and peace of mind.

Certified Pre-Owned (CPO) Altimas

Nissan’s CPO program adds significant value. To qualify, a 2016 Altima must pass a 167-point inspection, have under 80,000 miles, and come with a clean title. CPO vehicles include:
– 7-year/100,000-mile limited warranty (from original in-service date)
– 24/7 roadside assistance
– CARFAX report included

Because of these perks, CPO Altimas typically cost $1,500–$2,500 more than non-certified equivalents. For buyers wanting extra assurance, it’s often worth the premium—especially if the car has near 100,000 miles.

Private Party Sales

Buying directly from an owner usually means the best price. Private sellers aren’t marking up for profit or overhead, so you can often save $1,000–$2,000 compared to a dealer. However, you take on more risk—no warranty, no return policy, and limited recourse if something goes wrong.

Always meet in a safe location, bring a friend, and insist on a pre-purchase inspection (PPI) by an independent mechanic. This $100–$150 investment can save you thousands.

Dealer Purchases

Dealerships offer convenience, financing options, and sometimes warranties—but at a higher price. They also handle title transfers and paperwork, which reduces hassle. If you’re trading in another vehicle or need financing, a dealer may be the better choice—even if you pay a bit more.

Tip: Use online tools like KBB’s “Instant Cash Offer” or CarMax appraisals to compare dealer quotes. Don’t accept the first offer.

How to Determine Your 2016 Altima’s Exact Value

Ready to find out what your specific Altima is worth? Follow these steps:

1. Gather Key Details: Note your VIN, trim, mileage, engine type, options, and any accidents or repairs.
2. Check Multiple Valuation Tools: Use KBB, Edmunds, and NADA Guides. Input your exact specs for the most accurate estimate.
3. Compare Local Listings: Search “2016 Nissan Altima for sale near me” on Autotrader, Cars.com, and Craigslist. Look at similar models (same trim, mileage ±5,000 miles).
4. Assess Condition Honestly: Be realistic. If your interior is stained or the paint is faded, adjust your expectations downward.
5. Get a Professional Inspection: If selling privately, consider paying for a pre-listing inspection. It builds buyer trust and can justify a higher asking price.

For example, a 2016 Altima SV with 72,000 miles, no accidents, full service records, and new tires might be valued at $13,400 on KBB. But if it’s missing the spare tire or has a cracked windshield, knock off $300–$500.

Negotiation Tips

Whether buying or selling, negotiation is expected. Here’s how to win:

– As a Buyer: Point out high mileage, needed repairs, or outdated tech (like lack of Apple CarPlay). Offer 5–10% below asking price initially.
– As a Seller: Highlight low mileage, recent maintenance, and desirable features. Price slightly above market to leave room for offers.

Always stay polite and flexible. A quick sale often beats holding out for top dollar.

Is the 2016 Nissan Altima Still a Good Buy in 2024?

Despite being nearly a decade old, the 2016 Nissan Altima remains a smart choice for budget-minded buyers. It’s not flashy, but it’s practical, efficient, and surprisingly comfortable for long drives. Reliability ratings from J.D. Power and Consumer Reports are solid, especially for the 2.5L engine.

However, consider these pros and cons before buying:

Pros:
– Excellent fuel economy (up to 38 mpg highway)
– Roomy back seat and trunk
– Smooth ride quality
– Affordable insurance and parts

Cons:
– CVT transmission can feel sluggish
– Interior materials feel dated compared to newer rivals
– Limited advanced safety tech (no automatic emergency braking standard)

If you prioritize value over cutting-edge features, the 2016 Altima delivers. Just avoid high-mileage examples unless they’ve been exceptionally well cared for.

Final Thoughts: Getting the Most Value from Your 2016 Altima

So, how much is a 2016 Nissan Altima worth? The short answer: between $10,000 and $16,000, with most well-maintained examples landing in the $11,500–$14,000 range. But value isn’t just about numbers—it’s about matching the right car to your needs, budget, and expectations.

Whether you’re selling yours or hunting for a deal, remember that condition, mileage, and history matter more than model year alone. A low-mileage SV with full records will always outperform a high-mileage SL with a spotty past.

Take the time to research, inspect, and negotiate. And if you’re keeping your Altima, stay on top of maintenance—it’ll pay off in longevity and resale value down the road.

In a world of rising car prices and shrinking budgets, the 2016 Nissan Altima proves that sometimes, the best deal is the one that’s already been driven—just not too far.

Frequently Asked Questions

What is the average mileage for a 2016 Nissan Altima?

The average annual mileage for a sedan is about 12,000–15,000 miles. So by 2024, a 2016 Altima typically has between 85,000 and 120,000 miles. Lower-mileage examples (under 70,000) are considered exceptional.

Does the 2016 Nissan Altima have transmission problems?

Some owners report CVT shuddering or hesitation, especially in cold weather. Nissan issued technical service bulletins (TSBs) to address this, and many issues are resolved with software updates or fluid changes. Regular maintenance helps prevent major problems.

Can I get a warranty on a used 2016 Nissan Altima?

Yes, if it’s certified pre-owned (CPO) through a Nissan dealer, it comes with a 7-year/100,000-mile warranty. Private sellers don’t offer warranties, but you can purchase an extended third-party warranty from providers like Endurance or CarShield.

How does the 2016 Altima compare to the Toyota Camry of the same year?

The 2016 Camry is slightly more reliable and holds its value better, but the Altima offers better fuel economy and a more comfortable ride. Camrys typically cost $1,000–$1,500 more in the used market.

Is the 3.5L V6 worth the extra cost?

The V6 offers stronger acceleration and towing capability, but it reduces fuel economy and increases insurance costs. Unless you frequently drive mountainous terrain or want a sportier feel, the 2.5L four-cylinder is the smarter, more economical choice.

Where can I find the best deals on a 2016 Nissan Altima?

Check local dealerships, online marketplaces like Autotrader and Cars.com, and private listings on Facebook Marketplace or Craigslist. Expand your search radius by 50–100 miles to find better prices and lower-mileage options.