Last post on Apr 20, 2011 at 8:41 PM
You are in the Nissan Altima
What is this discussion about?
Nissan Altima, Sedan
Jul 29, 2001 (8:37 am)
I did't say "no" discount at all. A grand off MSRP on a $30K car that has not changed much since 1999 is no great discount at all.
If the MSRP on the 2002 Altima is low enough compared to competing cars, the there will be little reason to discount further. When the Xterra came out, there was little competition in the same price range, so there were few discounts on that Nissan truck in the first year or so.
I don't see the point of having a unrealistically high MSRP just so it can be marked down back into reality. If they just price it right to start and there is no better alternative available for about the same or less money elsewhere, why would they need to discount the new Altima any further?
#697 of 4962 2002 Camry
Jul 29, 2001 (8:49 am)
The 4 cylinder Camry will have more power for 2002, but the V6 will have the same power as a 2001.
It will have sportier styling than a 2001 and a new SE model will be available with firmer handling and sport appearance trim.
It will also have a more luxurious XLE model with available navigation system.
I'm expecting the new Camry to be priced higher than the new Altima, but pricing is not announced for either the Altima or the Camry.
Jul 29, 2001 (11:40 am)
You might not expect Nissan dealers to sell the Altima near MSRP, but supply and demand might drive the dealers to that point. Nissan's only making 180,000 Altimas, which is much lower than the 400,000+ Accords and Camrys Honda and Toyota puts out. If dealers have 180,000 Altimas, but there are 200,000 people wanting to buy an Altima, chances are, Nissan won't have to make any kind of deal -- look at the Chrysler Prowler... it sells above MSRP and if you ask me, I would NEVER buy a Chrysler for above MSRP!
Jul 29, 2001 (12:23 pm)
maybe it's just me, but there's NO WAY I would ever spend MSRP on a mainstream mid-sized family sedan. If it appears they're going to have demand over 180,000 , Nissan will turn up production to meet demand. A mass-market car like this one finds its niche in selling quantity, and there are not that many consumers ready to shell out sticker for a new car. I'm definitely going to put it on my testdrive list, and if it's everything everyone hopes it is, it could be my next car!
as for a remodel, expect a few glitches in quality like any first-run car, but nothing too major (i.e. 1990 Ford Taurus!).
and PLEASE...don't let it have the horrible paint quality like all other Nissans that lead to major chipping in the paint! ARGH!!!
my vote is for the 4-banger with leather and sunroof for 21k.
Jul 29, 2001 (9:36 pm)
I've seen most of the specs, but does anyone know what the front and rear track numbers are? Also, This car looks great and I really don't think they'll be discounted for a while. Nissan has a real winner on it's hands and others are gonna have to play catch up. Just my humble opinion.
Jul 30, 2001 (5:09 am)
I think some folks need to learn what ABS is and does, it does not help you stop in a shorter distance, it is designed to maintain steering control, sometimes ABS will actually increase the stopping distance, and I know of many people, (some that have gotten in accidents on dry pavement) That freaked out when the ABS started vibrating the pedal. And why do some people think that just because XYZ car has ABS as standard that you are not paying for it? Anything that is standard is built into the base price, one way or another you are paying for ABS, why not make it an option so that people that don't want it don't have to pay for it, since the people that do want it will be paying for it one way or another, and Nissan does have a superior ABS system VS, toyota and Honda, 4 channels and it pulses more times per second. SO instead of paying for an inferior ABS system in the base price, why not spend the money on the better system if you really want it? Looks like NIssan does know safety and gives consumers more options on what they want and like.
Jul 30, 2001 (8:39 am)
This car is about moving numbers. If Nissan won't deal, everybody else will. You don't pay near sticker for a Camry or Accord, so paying MSRP on a Nissan is just plain silly. Additionally, it IS a Nissan, thus it's saddled with the company's reputation for being the third man among Japanese car companies here and abysmal resale value. Anyone look at the resale on a Maxima? Freaky. Sticker on a Max is 27k and a year later they're resold for 19k off a lot. Part of this is due to the car selling for less than invoice and the other part is that Nissan just doesn't get props the way Hondas and Toyotas do. BTW, I do own a Nissan and love it.
#703 of 4962 Resale value
Jul 30, 2001 (9:10 am)
When the car is sold for below invoice, of course the resale will appear poor compared to the MSRP.
It doesn't matter if the sticker said $27K if you paid thousands less for it new, then the 19000 for a used one is not that great of "actual" depreciation is it?
If they price the 2002 low enough that it is actually "worth" what they ask, then they don't have to mark it down futher and it will in turn have better resale value because the dollar difference between the original MSRP and the used value will not be as large.
I don't understand why you want to get a discount off of an inflated asking price instead of just having a reasonable asking price to start and little if any more discount.
Jul 30, 2001 (10:04 am)
Consider the poor sap who traded in his 2000 Max SE fully loaded that they Nissan dealer was reselling for 19k. That means that guy maybe got 17k out of them. He paid, at least 24k prior to taxes for that fully decked Max. That's a 7k hit (more with tax) on a car with only 15,000 miles in a year. Ouch!
"I don't understand why you want to get a discount off of an inflated asking price instead of just having a reasonable asking price to start and little if any more discount. "
I want next to invoice on any car I buy. The dealership deserves the holdback on the purchase. That's their profit. Beyond that, I'm insulted at the notion I should give something as useless as a dealership another 1-2k. Why would you willingly hand money over to people who exist only as middlemen-leeches?
#705 of 4962 Price
Jul 30, 2001 (10:16 am)
Suppose they were to price the 2002 Altima SE so low that the MSRP (maybe $22K) of a loaded Altima is less than invoice of a 2002 Camry with the same equipment (invoice of $24K) and suppose you test drive both and greatly prefer the Altima. The Camry was available discounted to the invoice of $24K and the Altima dealers would not discount below the MSRP of $22K. In that situation you would go buy the Toyota for more money even if you like the Altima more just so you can get it for invoice price?
It is possible that Nissan could make the difference between the invoice price and MSRP much less than is typical if they want to have a very aggressive MSRP.
Trading is a profit center for dealers. You cannot expect a good price for a trade-in. If the person had sold the car on his own, he would have got more money and perhaps the $24,000 he spent originally was too much if the value of a 1 year old model is only $17K. He would ahve been better off buying a 1 year old model instead.
Those things contributed to the high perceived depreciation. Add that to the fact the he sold after only 1 year. The heaviest depreciation is usually in the first year of any car.