2024 Nissan Altima: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Nissan Altima costs $38,753 to own over 5 years, or $646/month. The biggest expenses are depreciation ($14,095) and insurance ($10,020).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$38,753
$646/month • $1/mile
Cost Breakdown
Depreciation$14,095 (36%)
Insurance$10,020 (26%)
Fuel/Energy$7,219 (19%)
Maintenance$2,310 (6%)
Financing$4,749 (12%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,356 | $2,004 | $1,444 | $462 | $9,266 |
| Year 2 | $2,185 | $2,004 | $1,444 | $462 | $6,095 |
| Year 3 | $2,185 | $2,004 | $1,444 | $462 | $6,095 |
| Year 4 | $2,185 | $2,004 | $1,444 | $462 | $6,095 |
| Year 5 | $2,185 | $2,004 | $1,444 | $462 | $6,095 |
Key Facts
1-Year Depreciation
19% ($5,356)
5-Year Depreciation
50% ($14,095)
Annual Repair Cost
$512
Annual Maintenance
$462
These are estimates based on state averages. Your exact rate depends on your specific profile.
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