Check your Magnite's value retention
Select year, kilometres and fuel type to see what percentage of the on-road value this car typically holds. Retention percentages are refreshed monthly from wholesale transaction data. For a rupee price band on your specific car, use the valuation calculator.
Magnite depreciation curve, year on year
The Magnite depreciates roughly 15% in year one, another 10% in year two, then approximately 7–8% per year through years three to five, tapering to 3–4% per year after year seven. Five-year retention lands at about 42% and ten-year retention at about 22%, compared with a segment average of about 46% at five years and 25% at ten. The chart below shows retention at 20 half-yearly points across the first ten years.
Magnite variants and ex-showroom pricing (2026)
Current Magnite variants and on-record ex-showroom prices, alongside the residual rupee value each variant is expected to hold at the five-year and ten-year mark, using the aggregate depreciation curve for this model. Retention rupees are approximate and assume a 25,000–50,000 km at five years / 75,000–1,00,000 km at ten years usage pattern with a clean service record.
| Variant | Fuel | Gearbox | Ex-showroom (₹L) | 5-yr value (₹L) | 10-yr value (₹L) |
|---|---|---|---|---|---|
| XE | Petrol | MT | 5.97 | 2.51 | 1.31 |
| Magnite Geza Edition | Petrol | MT | 7.39 | 3.10 | 1.63 |
| XV RED EDITION | Petrol | MT | 7.87 | 3.31 | 1.73 |
| XV CVT | Petrol | AT | 8.28 | 3.48 | 1.82 |
| XV PREMIUM TURBO (O) | Petrol | MT | 8.55 | 3.59 | 1.88 |
| XV TURBO | Petrol | MT | 8.99 | 3.78 | 1.98 |
| XV PREMIUM TURBO (O) CVT | Petrol | AT | 9.45 | 3.97 | 2.08 |
| XV PREMIUM TURBO DUAL TONE | Petrol | MT | 9.66 | 4.06 | 2.13 |
| XV TURBO CVT RED EDITION | Petrol | AT | 10.00 | 4.20 | 2.20 |
| XV CVT TURBO KURO EDITION | Petrol | AT | 10.66 | 4.48 | 2.35 |
City-wise price variance
Resale values for the Magnite vary by 3–5 percentage points across Indian metros, driven by supply-demand tightness, RTO transfer friction, and CNG infrastructure. Numbers below are deltas against the all-India mid.
What drives the Magnite's resale value
The Magnite launched in December 2020 on the Renault-Nissan CMF-A+ platform, the same architecture underpinning the Renault Kiger, and was Nissan's first serious attempt at a value-focused compact SUV built specifically for India and other emerging markets. It is offered with a 1.0-litre naturally aspirated petrol engine on base trims and a 1.0-litre turbo-petrol on higher trims, with a 5-speed manual or CVT gearbox depending on variant.
Nissan's feature-for-price positioning on the Magnite, undercutting rivals on equipment like ventilated seats, a 360-degree camera, and wireless charging at launch, won it strong initial reviews, but Nissan's comparatively thin dealer and service network in India has weighed on resale confidence relative to Maruti, Hyundai, or Tata equivalents with denser service footprints.
Because the Magnite and Renault Kiger share a platform and most mechanical components, used buyers frequently cross-shop the two, and pricing tends to move in step between them. Neither currently commands the resale premium seen on more established nameplates in the same price bracket.
A 2023 facelift refreshed the Magnite's styling and infotainment without changing its core mechanicals, and resale data since then shows little differentiation between pre- and post-facelift cars once trim and km are matched, suggesting buyers value the Magnite primarily for its features-per-rupee rather than any specific generation.
How TheResaleValue calculates these numbers
Resale bands aggregate wholesale transaction prices across Indian metros, refreshed monthly. Age is calculated in whole years from the manufacturing date on the RC. Kilometre bands are self-reported and rounded to the nearest band. City adjustments apply an RTO-level multiplier on the all-India mid.
Note: These are informational fair-market bands, not offers to purchase. For a binding valuation, use the valuation tool. Read the full methodology.
Frequently asked questions
What is the resale value of a Nissan Magnite in India?
A well-maintained Magnite retains roughly 65% of its ex-showroom price after two years, 56% after three years, and 42% after five years, as of September 2026. For a 2022 petrol XV with 25,000-50,000 km, the current fair-market band is approximately ₹5.25–6.04 lakh.
Does the Magnite hold value as well as the Renault Kiger?
The two trade within a very narrow band of each other given they share a platform and powertrains, with neither consistently commanding a premium. Buyers typically choose between them on dealership proximity and feature packaging rather than resale strength.
Why does the Magnite resell for less than Maruti or Hyundai compact SUVs?
Nissan's smaller dealer and service network in India makes some used buyers more cautious, which is reflected in a five-year retention of about 42%, roughly 4 points below the compact-SUV segment average of 46%.
How much does a Magnite depreciate per year?
The Magnite depreciates roughly 23% in year one, a further 12-13% in year two, before settling into a steadier 7-8% annual decline through year five. Ten-year retention sits at around 22%.
Which city gives the best resale price for a Magnite?
Hyderabad and Kolkata currently trade at +1% to +2% above the national mid, reflecting strong value-conscious demand. Delhi NCR, Mumbai, and Ahmedabad trade slightly soft at around -1%, where buyers tend to favour more established badges.
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