The new Elgrand (E53), Nissan’s flagship minivan, is scheduled for release in the summer of 2026. This model, the first full model change in approximately 16 years, attracted a great deal of attention when it was unveiled to the world at the Japan Mobility Show 2025. Equipped with the latest third-generation e-POWER system and an evolved e-4ORCE four-wheel drive system, it marks a full-scale re-entry into the premium minivan market.
In this article, we will thoroughly predict the price range and grade structure of the new Elgrand, taking into account the pricing of the current model and comparisons with rival cars.
Basic specifications and features of the new Elgrand
Only the third-generation e-POWER powertrain is available
The biggest feature of the new Elgrand is that all grades will be equipped with the third-generation e-POWER system. The combination of the newly developed 1.5L inline 3-cylinder turbo engine “ZR15DDTe” and the “5-in-1 e-POWER powertrain unit” produces a maximum system output of 340ps.
Fuel efficiency at highway speeds, a weakness of the previous e-POWER, has been improved by up to 15%, with fuel economy expected to be around 19km/L. This is a significant improvement over the previous model’s 2.5L gasoline engine (10.0km/L) and 3.5L gasoline engine (8.7km/L).
The only drive system available is e-4ORCE four-wheel drive.
It is worth noting that the new Elgrand will only be available with the four-wheel drive “e-4ORCE” in its lineup. There will be no front-wheel drive (FF) model, and all vehicles will be equipped with an electric four-wheel drive system. This can be said to be a strategy that clearly emphasizes the luxury and driving performance of a flagship minivan.
e-4ORCE precisely controls the front and rear motors to suppress body shaking when starting and accelerating, resulting in a comfortable ride. Furthermore, by combining it with an intelligent dynamic suspension, we are pursuing an even more luxurious ride.
Body size is larger than the competition
The new Elgrand’s body dimensions are 4,995mm long, 1,895mm wide, and 1,975mm high. The overall height has been increased by 160mm from the previous model (4,975mm x 1,850mm x 1,815mm), significantly improving interior space.
Compared to its rival, the Toyota Alphard/Vellfire (4,995mm x 1,850mm x 1,935mm), the car is 45mm wider and 40mm taller. This larger size allows it to combine practicality and presence as a minivan.
Looking back at the price structure of the previous Elgrand
When predicting the price of the new Elgrand, let’s check the pricing of the previous model (E52).
Price range of 2.5L gasoline model
- 250 Highway Star S (7/8-seater): 4.08 million yen to 4.38 million yen
- 250 Highway Star Premium (7-seater): 4.84 million yen to 5.14 million yen
- 250 Highway Star S Urban Chrome: 4.35 million yen to 4.65 million yen
- 250 Highway Star Premium Urban Chrome: 5.03 million yen to 5.33 million yen
Price range for 3.5L gasoline models
- 350 Highway Star (7/8-seater): 4.87 million yen to 5.16 million yen
- 350 Highway Star Premium (7-seater): 5.44 million yen to 5.74 million yen
- 350 Highway Star Urban Chrome: 5.06 million yen to 5.35 million yen
- 350 Highway Star Premium Urban Chrome: 5.63 million yen to 5.93 million yen
AUTECH model
- Elgrand AUTECH (250 base): 5.2 million to 5.5 million yen
- Elgrand AUTECH (350 base): 5.85 million yen to 6.14 million yen
VIP Model
- 350 Highway Star Premium VIP (7-seater): 6.36 million yen to 6.66 million yen
- 350 Highway Star Premium VIP (4-seater): 8.07 million yen to 8.37 million yen
The previous model had a wide price range, from 4.08 million yen to a maximum of 8.37 million yen.
Expected price range of the new Elgrand
The entry grade starts at 4.8 million yen
The price of the new Elgrand is expected to increase by more than 700,000 yen from the lowest-priced grade of the previous model (4.08 million yen). The starting price is likely to be around 4.8 million yen .
The main factors behind this price increase are:
- Equipped with the third-generation e-POWER system : The newly developed 1.5L turbo engine and 5-in-1 powertrain unit require high development costs
- Standardization of e-4ORCE four-wheel drive : Increased costs due to all vehicles being equipped with an electric four-wheel drive system
- Abundant advanced equipment : 14.3-inch large screen display, BOSE 22-speaker system, intelligent dynamic suspension, etc.
- Luxury interior and exterior : Kumiko-motif grille, 64-color ambient lighting, high-quality upholstery materials, etc.
Mid-range model: 5.4 million to 6 million yen
The mid-range model with standard equipment is expected to be priced in the range of 5.4 million to 6 million yen . This model will likely include the following features:
- 3rd generation e-POWER + e-4ORCE
- 14.3-inch integrated display
- ProPilot (with hands-off function)
- BOSE 22 speaker system
- 18-inch aluminum wheels
- 3-zone air conditioning
- Indirect lighting (64 colors can be set)
High-end grade: 6.2 million to 6.8 million yen
The top grade is expected to be priced at around 6.2 million to 6.8 million yen . Additional equipment includes:
- ProPilot 2.0 (more advanced highway driving assistance)
- Semi-aniline leather seats
- Electric ottoman
- Large rear seat monitor (15.6 inches)
- 19-inch aluminum wheels
- Exclusive exterior design
- Two-tone body color (Fuji Dawn, etc.)
AUTECH models start at 6.5 million yen
A customized version by the AUTECH brand is also planned, featuring exclusive exterior parts, sporty suspension settings, and special interior colors, and is expected to be priced in the 6.5 million to 7.2 million yen range.
The VIP/4-seater version can cost over 8 million yen
The popular two-row, four-seater VIP model from the previous model may also continue to be available. This model will have special rear seats like first class, and will likely be priced in the premium range of 8 million to 9 million yen .
Expected grade composition
The grade structure of the new Elgrand is expected to be as follows:
Base grade “e-POWER S”: from approximately 4.8 million yen
- Third generation e-POWER (340ps)
- e-4ORCE four-wheel drive
- 7-seater or 8-seater available
- 14.3-inch display
- 18-inch wheels
- Professional Pilot
Mid-grade “e-POWER X”: from approximately 5.4 million yen
- In addition to the S grade equipment
- BOSE 22 speaker system
- Indirect lighting (64 colors)
- Synthetic leather seats
- ProPilot Parking
High-end grade “e-POWER G”: from approximately 6.2 million yen
- In addition to the X-grade equipment
- ProPilot 2.0
- Semi-aniline leather seats
- Rear seat monitor
- 19-inch wheels
- Two-tone color options available
Sports grade “e-POWER AUTECH”: from approximately 6.5 million yen
- Exclusive exterior and interior
- Sporty suspension
- Exclusive 19-inch wheels
- Special Color
VIP grade “e-POWER VIP”: from approximately 8 million yen
- 4-seater/7-seater selectable
- Rear seat electric ottoman
- Large monitor for rear seats
- Premium Leather
- Many dedicated equipment
Price comparison with rival cars
Toyota Alphard/Vellfire
- Entry (2.5L hybrid): from 5.4 million yen
- Mid-range model: 6 million to 7 million yen
- High-grade (Executive Lounge): From 8.5 million yen
Both Toyota cars already start at around 5 million yen, making the new Elgrand more price competitive with a starting price of 4.8 million yen.
Honda Odyssey
- Entry fee: from 4.58 million yen
- High-end grade: from 5.2 million yen
The Odyssey is priced relatively affordably, but the Elgrand ranks higher in terms of body size and equipment level.
Mitsubishi Delica D:5
- Entry fee: from 3,990,000 yen
- High-end grade: from 4.9 million yen
The Delica D:5 is a minivan with an SUV feel and is in the lower price range, but it targets a different demographic.
Why the price exceeds 5 million yen
We will explain why the entry-level grade of the new Elgrand is expected to cost 4.8 million yen, and many grades are expected to cost over 5 million yen.
1. The cost of adopting the latest powertrain
The third-generation e-POWER system is a significant evolution from previous systems. The newly developed 1.5L turbo engine achieves a thermal efficiency of 42%, and the 5-in-1 powertrain unit is an advanced system that integrates a motor, generator, inverter, reducer, and gearbox. The development and manufacturing costs of such cutting-edge technology are by no means cheap.
2. e-4ORCE four-wheel drive becomes standard
The previous model offered a choice between FF and 4WD, but all new models will be equipped with e-4ORCE. The system, which is equipped with high-performance motors at the front and rear and provides precise control, is more expensive than the previous FF model. However, this decision will enhance the brand value as a flagship minivan.
3. Enhanced advanced equipment
The new Elgrand will be equipped with the following cutting-edge features:
- 14.3-inch large integrated display (first for Nissan domestic models)
- BOSE 22-speaker premium sound system
- ProPilot 2.0 (depending on grade)
- Intelligent Dynamic Suspension
- 64-color configurable ambient light
These features increase the value of the vehicle as a premium minivan, but at the same time they also increase costs.
4. High-end interior and exterior
To embody the design concept of “The private MAGLEV (linear motor car),” the new Elgrand has significantly improved the quality of its interior and exterior.
The exterior features cost-effective finishes, such as a grille inspired by the traditional Japanese craft of “Kumiko,” a two-tone body color with no paint gaps, and precise wheel finishers.
The interior features a wide range of genuine and synthetic leather upholstery, electrostatic switches seamlessly integrated with woodgrain panels, and kumiko-pattern quilted door trim, all of which emphasize a sense of luxury down to the smallest details.
5. Price range of rival cars
The Toyota Alphard/Vellfire already starts at 5.4 million yen, and in the premium minivan market, prices above 5 million yen are the standard. The new Elgrand also needs to be priced in line with this market environment.
6. Inflation and Rising Development Costs
The cost environment surrounding automobile manufacturing has become increasingly severe in recent years due to rising parts prices, rising labor costs, and compliance with environmental regulations. The new Elgrand, the first full model change in approximately 16 years, has required enormous development costs to be recovered.
Does it feel like a good deal?
Cost performance verification
If the new Elgrand is priced at over 5 million yen, will it be considered a bargain for consumers?
In terms of equipment , the mid-range model, which costs around 5.4 million yen, comes with the following:
- Powerful 340ps e-POWER system
- e-4ORCE four-wheel drive standard on all models
- 14.3-inch large display
- BOSE 22 speaker system
- ProPilot (with hands-off function)
Considering these features, it could potentially be around 600,000 yen cheaper than a similarly equipped Toyota Alphard grade (starting at 6 million yen).
Advantageous running costs
The new Elgrand’s predicted fuel economy of 19km/L may exceed that of the Alphard Hybrid (around 17km/L). If you drive 10,000km per year, the difference in fuel costs will be about 15,000 yen. In the long run, this excellent fuel economy will be a cost benefit.
In addition, because the engine of the e-POWER system is dedicated to power generation, the interval between engine oil changes has been extended from the previous 15,000 km to 20,000 km, providing advantages in terms of maintenance costs.
Possibility of price negotiation
It’s difficult to discount the price at the beginning of the release
Immediately after its release in the summer of 2026, it will be the first full model change in about 16 years, so discounts are unlikely to be offered. Popular grades and colors in particular are expected to have backlogs.
Price negotiations are possible after six months
After six months to a year has passed since its release, competition with rival cars will intensify, and it is expected that there will be room for price negotiations. By leveraging its competition with the Alphard/Vellfire, it may be possible to expect a price discount of around 100,000 to 200,000 yen.
Aim for discounts on options
Even if it’s difficult to get a discount on the vehicle itself, it’s relatively easy to get a discount on dealer options. By negotiating a good combination of options such as a navigation system, dashcam, and floor mats, you should be able to reduce the total cost by around 150,000 to 250,000 yen.
Important points to note when purchasing
Points to consider when choosing a grade
If you’re on a budget , the entry-level “e-POWER S” model offers the same basic performance as the third-generation e-POWER and e-4ORCE. ProPilot is also standard equipment, so it’s sufficient for everyday use.
If you’re looking for a full range of equipment, we recommend the mid-range “e-POWER X.” It comes with a BOSE sound system, ambient lighting, and other equipment that enhances the premium feel, making it a good value for money model.
If you’re looking for the ultimate in luxury, consider the e-POWER G or AUTECH. These come with top-of-the-line equipment like ProPilot 2.0 and genuine leather seats.
Option Selection Strategies
It’s important to know which options are essential and which can wait.
Options to choose from when purchasing :
- Manufacturer optional paint colors (especially two-tone)
- Sunroof (cannot be retrofitted)
- ProPilot Parking (manufacturer option)
Options that can be added later :
- Navigation
- dashcam
- Floor mats
- ETC
Test drive is a must
The new Elgrand has evolved significantly from its predecessor, so be sure to test drive it before deciding to buy. Check the following points in particular:
- e-4ORCE ride comfort : Experience the stability unique to four-wheel drive
- e-POWER acceleration : Confirming 340ps of power
- Third-row seat comfort : Check out the benefits of increased overall height
- Driving visibility : Visibility from the driver’s seat with a higher eye point
- Quietness : Check out how quiet the third-generation e-POWER is
Delivery date estimate
Possibility of long delivery times immediately after release
As the new Elgrand is the first full model change in about 16 years, orders are expected to flood in immediately after its release. For popular grades and colors, delivery times are expected to be around 3 to 6 months .
Shortened delivery times through the establishment of a production system
After about a year has passed since the product was released, production will have stabilized and delivery times will likely be reduced to around two to three months . If you’re not in a hurry, one strategy is to wait a little while before ordering.
Resale value forecast
Benefits of a full model change
The new Elgrand has not undergone a full model change for a long time, so we can expect high resale value at the time of its release. The following grades and specifications are expected to be particularly popular:
- Mid-range model : Good balance of equipment and price
- AUTECH model : Popular among customization enthusiasts
- White/black body color : A classic color with high resale value
- 7-seater model : popular with families
The resale rate after three years is around 70%.
In the premium minivan market, popular models maintain a residual value of around 60% to 70% even after three years. With the right grade and regular maintenance, you can expect to sell the new Elgrand for around 70% of the purchase price after three years.
Summary: New Elgrand price forecast summary
The new Nissan Elgrand is expected to be priced in the following range:
- Entry grade : from approximately 4.8 million yen
- Mid-range model : Approximately 5.4 million to 6 million yen
- High-end grade : Approximately 6.2 million to 6.8 million yen
- AUTECH model : Approximately 6.5 million to 7.2 million yen
- VIP/4-seater model : Approximately 8 million to 9 million yen
Admittedly, the price of over 5 million yen is not cheap, but it is a reasonable price when you consider the following points:
- Equipped with the latest third-generation e-POWER system
- All vehicles feature luxurious e-4ORCE four-wheel drive
- Fully equipped with advanced features and luxurious interior and exterior
- Price competitiveness compared to rival vehicles
- Excellent fuel efficiency reduces running costs
The new Elgrand, Nissan’s first full model change in about 16 years, is a car that puts Nissan’s prestige on the line. As a serious rival that will directly challenge the Toyota Alphard and Vellfire in the premium minivan market, it’s one to keep an eye on.
We can’t wait for the official release in summer 2026 and the official price announcement.
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