I can believe this. I was looking for a second vehicle, something reasonably priced, and I considered a used Frontier to compliment my Xterra. Even several years old and with a good deal of miles, the prices were still on up there. I just couldn't justify spending nearly as much as I spent on my Xterra which was barely broke in when I got it for a Frontier that had been around a while.
Now if I had been looking for another nearly new main vehicle, it would have been a good buy.