Since Production Ended, 2009–24 Nissan GT-Rs Aren’t Getting Cheaper

G, T, and R. Those three magic letters were familiar to many an American auto enthusiast back in the late 1990s and early 2000s, but Nissan never shipped its famous Skyline GT-R our way. With very few exceptions, the only Godzilla sightings we could hope for were on a TV or computer screen. Then, starting for the 2009 model year, the latest Nissan GT-R (model name “R35”) made its American debut. Brutally fast, technologically advanced, forgiving to drive and relatively affordable to buy, it made a massive splash on its debut and remained one of the fastest cars money could buy.

Nissan just kept on building the R35, with few major revisions, all the way up until 2024. Its impact on the car world faded as newer and better vehicles inevitably came out, as its MSRP gradually increased, and as its design got longer and longer in the tooth. But now that it’s gone, the R35 GT-R certainly isn’t forgotten. Looking at sale prices and price guide values, this Nissan definitely isn’t depreciating like your sister-in-law’s Altima. Since production ended, prices aren’t dropping. For some models, they appear to be increasing. See the graph of high bids at live and online auctions in North America below.

Rumors of the model’s cancellation started around 2022. Nissan officially announced the end of the GT-R in the U.S. last summer, ending the car’s surprisingly long 15-year run. In the Hagerty Price Guide, 2009-24 GT-R values did dip a few percent in the first half of 2024, but have held steady since. Auction prices, meanwhile, have been steady as well, and in the later months of 2024, three examples of the high-performance NISMO model were bid to over $300K. The MSRP for this model never got over $225K.

None of this is to say that the GT-R never depreciated. Base model R35 GT-Rs (included in the “Other” category in the graph) carried an MSRP very close to or above $100,000 for almost its entire production run, and they have definitely come down from that. The current #2 (“excellent”) condition value in our price guide for a base GT-R is $59,500. But, now that the GT-R is finally gone and with no real successor (the R36 is several years off, and will be electric, anyway) to look toward, it appears to be done depreciating, and high-spec models like the NISMO may already be considered collectible.