V8 Nissan Patrol prices set to surge

Nissan Oceania’s managing director has fired a shot that will resonate with 4x4 enthusiasts nationwide: grab the current Y62 V8-powered Nissan Patrol before it disappears in late 2026.

“I think the residual values of that [V8 Patrol] are going to go through the roof, because I think that’s what people are going to want. A lot of people are going to want that,” predicted Nissan’s regional chief, Andrew Humberstone.

“Okay, I can’t [always] say stuff I really want to say but personally, selfishly, this is the car to buy now, because that’s the one I would keep and not sell,” he declared.

“And if I’m into any sort of boating or any sort of camping or any sort of off-roading… [it’s perfect],” he added.

Just as the LandCruiser 300 Series V6 replaced the LandCruiser 200 Series V8 and demand for that model exploded (with second-hand prices nearing $200,000), desire for the last V8-powered SUV from Nissan is expected to boom.

“The [new V6-powered] Y63 is an amazing vehicle. But I’m old school so I have to manage my conscience by having one electric car and then one V8, then I can say I’m neutral,” added Humberstone.

Does that mean when the new-generation Y63 Nissan Patrol arrives, powered by a downsized but more muscular twin-turbo 3.5-litre petrol V6 (317kW/700Nm), it will struggle for traction among Aussie buyers?

“Not at all,” said Humberstone.

Despite confirming he is “fighting like hell” to get as many Y62 Patrol V8s (298kW/560Nm) into Australia before manufacturing ends in Japan, he remains confident about strong interest in the new and more powerful Y63 Patrol.

“There’s a year waiting list for Y63 in the Middle East and we’ve already taken orders for Y63,” he said.

At present, “hundreds” of orders have already flooded in for the new-look V6 Patrol, though Nissan insists it’s not officially taking orders because pricing for the imposing new 4x4 SUV hasn’t been announced.

That hasn’t stopped Nissan dealers from working behind the scenes with customers to secure spots at the front of the queue.

As demand for both Patrol models heats up, Humberstone hinted at a possible scenario where both vehicles could be offered simultaneously for a limited period.

“The reality is we’re managing customer demand, so that’s why I’m spending a lot of my time on this. Like saying, okay, is there elongation? Is there opportunity? Can I build more stock? Where’s the customer order bank on that going forward? And where do we expect it to be?

“The optimum is to have almost nothing [of the old Patrol] when you exit and plenty [of the new Patrol] when you start.

“The reality is, how does that manifest itself? It’s not an absolute science and it will depend on whether we see a surge in V8 passionate customers, because there’s definitely a surge in the new vehicle and I think you’re going to see both of those [in play].”

Currently, the V8-powered Y62 Nissan Patrol is moving approximately 8000 units per year. Humberstone believes it’s “feasible” the new Y63 Patrol could reach 10,000 units annually, potentially challenging the turbo-diesel V6-powered Toyota LandCruiser 300 Series – the longtime king of this market segment.

“I think it’s quite feasible. I don’t want to predict the future, I’m not good at that,” he said.

“But I do think that there’ll be massive demand and I do think there’ll be a waiting list to start with when we start communicating it, I have no doubt.”

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