Last post on May 15, 2013 at 7:09 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Altima, Sedan
#1873 of 3453 Buying experience in PA, NJ, DE area
Jul 13, 2008 (10:21 am)
I am negotiating at this time. I have received quotes from Ardmore Nissan, Allstar, and Conicelli.
Cherry Hill Toyota talked big about being the biggest Nissan dealer on the East Coast, but several phone calls later, they still hadn't simply given us a quote over the internet like everyone else. They just told us how they have our package in this color and that, and that they would match or beat anyone.
The bottom line price, quote from Ardmore is on an Altima sedan 2.5 SL and connection package is $23,742, for buying the car. MSRP $26790 . They produced our lowest offer right off the bat, and the finance guy was on the phone appearing to be very candid about the availability of this package. He said we could not get a Majestic Blue anywhere on the East Coast. We've looked and he is right so far.
The color options seem to narrow daily. Grey is ubiquitous, along with Slate, and White. Everything else is a search and transfer from some "other" dealer.
At Allstar Nissan, my initial quote on the internets went like this.. "the sale price of the $27060 has been discounted to $25458(cap cost) to prepare the quotes for the lease as well as finance using $3000 for trade... finance 3.9% by 60 months would be $414
a lease 36 months $281." In fairness, they later came down.
A 36 month lease for 15,000 miles per year using $3000 equity is $270.85 per month included taxes and tags. The MSRP price is $26790 and the selling price is $24990. The rebate cannot be used if taking advantage of the special lease, I am told by Conicelli.
I haven't signed anything yet, but I have put a $500 deposit towards getting the dealer, Conicelli Nissan, to transfer a Black colored model to their lot from another dealer. I will be in touch tomorrow and perhaps we can do a deal this week. My concern is making sure I don't get back-ended into a corner at closing with fees and a bump in the total cost, resulting in a big payoff number at the end of the lease.
We intend to do a lease to keep the monthly payment down and are keeping the options open for better mileage and technology advances in the next three years on cars, now that car makers are focusing (we hope) on moving toward the next generation of fuel efficient cars, whether it's affordable hybrids, hydrogen, or total electric with plug-in models. We currently have 2 cars that are 10 and 11 years old, but we think we are on the threshold of technological change and want to take advantage of it when it happens, while paying as little as possible for our cars in the meantime. If we planned to hold a new car for 10 years then obviously buying would be the cheapest outlay over time.
But for now, Day-care for a toddler eats up far more money ($2000 a month, so appreciate having extended family helping out. We don't have that option), so lower monthly payments are a priority, if not the most sensible financial option that Suzie Orman would approve.
#1874 of 3453 Re: Buying experience in PA, NJ, DE area [liveshot]
Jul 13, 2008 (12:25 pm)
Cherry Hill Toyota
I think you mean Cherry Hill Nissan? Don't wast your time there. They did the same thing to me...kept calling to go to their dealer but not willing to give me a quote.
#1875 of 3453 Re: Buying experience in PA, NJ, DE area [gooddeal2]
Jul 13, 2008 (9:52 pm)
OOPs.. thanks, it's Cherry Hill Nissan, not Toyota. We were looking at Toyotas, too. So they were on my mind. Thanks for the spell check.
#1876 of 3453 Great buying experience- 2008 Nissan Altima!!!
Jul 14, 2008 (6:03 am)
Bought a 2008 Nissan Altima 2.5S with
Convenience Package PLUS (includes alloy wheels,moonroof etc)
MSRP - 24090.
Price bought - 21000. (incl destination charges of 625)
Taxes and Tags extra.
Fine dealership - Faulker Nissan, Harrisburg PA.
Great salesman - Keith Cline.
Best car buying experience ever... No haggling.. Very trustworthy..
#1877 of 3453 Re: Great buying experience- 2008 Nissan Altima!!! [wannabuyavalon]
Jul 14, 2008 (5:52 pm)
nice deal grate price I no that dealer ship is good was told bye sum one will look now there and at fits Mall to thanks you should post a dealer revew in that section of edmans.com keep us updated on those altima prices payed the 2009's are cumming out real soon and the 2008's are going fast. grate car this altima is good luck everyone. thankyou so mutch for reading my posting.
#1878 of 3453 Lifetime Powertrain Warranty
Jul 15, 2008 (1:09 pm)
We are negotiating with a few dealers for a sedan 3.5SL. One dealer says they offer a Lifetime Powertrain Warranty that other do not. Is this sales-hype or something of valu.
#1879 of 3453 Re: Lifetime Powertrain Warranty [nancygirl]
Jul 15, 2008 (1:20 pm)
It's a car dealership, right? I'm sure it's at least partially sales hype I'd ask to see a copy of the warranty and read it carefully to see what maintenance/records you need to keep in order for the warrant to be valid. I've seen some of those things where, if you can't prove you had the dealership change the oil at exactly 3,000 miles every time, the warranty is void. Granted, if they're willing to match the lowest price of any other dealership, then, sure, it's an added value, even if it has a ton of stipulations.
I just got my 3.5SL for 26817 before any rebates, which I thought was a decent deal. Hopefully that's helpful.
#1880 of 3453 Re: Lifetime Powertrain Warranty [nancygirl]
Jul 16, 2008 (9:32 pm)
Do not buy an extended warranty. From Consumer Reports... Extended warranties. Not worth it for a new car that has a high reliability rating, especially with today's long factory warranties. "
"Negotiating Tips and Traps
Always bargain up from the Consumer Reports Bottom Line Price, not down from the invoice or sticker price.
Keep price negotiations separate from negotiating the trade-in price and financing terms. If the salesperson asks about a trade-in or financing before you've settled on a price for the new vehicle, explain that you haven't yet decided and continue to negotiate the new-car price.
Insist on a firm price quote on the spot and write the figure down.
Shop around, get quotes from more than one dealer.
Don't be pressured into accepting a price that's "good only if you buy today." A legitimate quote should be good tomorrow as well (although rebates and special promotions may have a cut-off date).
Don't answer questions like "How much do you want to pay?" or "What do you think I'm entitled to make?" Make the salesperson give you a quote; he or she knows the business.
Get up and leave if you get a firm price that a sales manager later rejects.
Don't give a deposit before you settle on a price. Once you settle on a price make sure to get a receipt for your deposit and a signed copy of the quote.
If a customer rebate is available, you may have a choice of cash or special low financing terms. You'll need to evaluate your other financing options before making a final decision.
Whether or not a rebate is available, ask the dealer about financing terms. Manufacturers s ometimes offer below-market loans. Always compare the dealer's terms to those offered by a bank or credit union.
Don't get too attached to one model. You'll bargain from a stronger position if you can walk away from the deal.
Watch out for.....
Be aware of any extra charges that may appear after you've agreed on a price. These items may include:
Dealer "packs." Reject items such as rust proofing, fabric protection, "pre-delivery inspection" charges, pinstripes, and paint sealant.
"Conveyance" or "document" fees. These charges for processing paperwork are sometimes negotiable.
Extended warranties. Not worth it for a new car that has a high reliability rating, especially with today's long factory warranties. "
Jul 18, 2008 (8:03 pm)
Was looking around for new Altima deals, and have been looking for a 2008 2.5s Automatic, with no other bells and whistles. I found this deal today, which seemed too good to be true and like something I should jump all over, but wanted others thoughts: link title
#1882 of 3453 Re: Help! [realbigchuck]
Jul 19, 2008 (4:27 am)
I think they forgot a line that says "Cash/Trade = $ ..." because $21940 - 1250 - 500 - 2941 != $14,308. You need to deduct another $2972 to get to $14,308.