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Nissan Altima Hybrid Prices Paid and Buying Experience

446 messages,  Last post on Oct 27, 2009 at 3:13 PM

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What is this discussion about? Nissan Altima Hybrid, Nissan Altima, Car Leasing, Car Buying, Sedan


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#132 of 446
Re: Just bought an 07 Altima Hybrid. Ready to Join the Club [customervalued] by occking
Mar 16, 2008 (7:26 am)
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Replying to: customervalued (Mar 15, 2008 9:15 pm)

I just purchased two (2) NAH's last week. For one got gold plus extended warranty, 6 years, 75k miles $50 deductible for $1356, and, for the second vehicle 5 years, 100k miles $50 deductible for $1400. I supposed you can purchase the extended warranty from any dealer, not necessarily the one you purchased the vehicle from.
 
We could have gotten around the same deal you did but because 08 pricing just about the same at 07 prices, the only difference was $250 on the rebate between the 07 and 08, made no sense to get an 07. Kind of surprised you would not take the rebate instead, if you credit is good real easy to get a load of around 3.99 percent. For the slight difference between 2.9 and 3.9% the additional cost no where near the $1250 rebate. Plus by taking the rebate, you would save another few bucks by saving sales tax on that amount.
#133 of 446
Re: Just bought an 07 Altima Hybrid. Ready to Join the Club [occking] by customervalued
Mar 16, 2008 (9:00 am)
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Replying to: occking (Mar 16, 2008 7:26 am)

Good point about the interest. Didnt think I would get anything close to 2.9 since the national average is hovering over 6%. We dont pick up the vehicle and til Tuesday. Perhaps I might qualify for a better rate. Thanks
#134 of 446
Re: Just bought an 07 Altima Hybrid. Ready to Join the Club [customervalued] by occking
Mar 16, 2008 (1:46 pm)
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Replying to: customervalued (Mar 16, 2008 9:00 am)

Everyone's financial situation is different. I have really good credit. On the first NAH I purchased went with my line of credit from Sovereign Bank. Recently opened a new line of credit that charges 1% less than prime, so that would not be 5%. As I am planning on paying back just the $15,000 I borrowed, the difference for a 24 month loan between 5% and 3.99 that the dealer offered was only about $9 per month less. However, since the loan on my line of credit was actually on my home equity line of credit the and that interest is tax deductible it came out to just about be a wash. For the second vehicle I purchased went with 3.99 % for 24 months.
 
If you have good credit consider using equity line of credit if you have one. For the $1500 rebate you are forfeiting, I think you could get a loan for maybe even up to 6% & still save. Just use a mortgage calculator & plug in the amount you need to finance with and without the rebate, and you will see what I mean. Even better savings if you use line of credit as that interest would be tax deductible. Don't forget, you will probably get the $2350 Tax credit next year. If you could hang on to a line of credit loan when you get that money next year you could plunk it right down to the balance on your equity loan.
 
Good luck, whatever you decide
#135 of 446
2008 Altima Hybrid black with black leather with tech package by nproszkow
Mar 16, 2008 (3:30 pm)
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MSRP was $33,325 I got it for $30,242. ($300 under invoice) Colonial Nissan in Somerville, MA. I love the car so far! Great dealership as well.
 
 
#136 of 446
State Tax Credit by emgr
Mar 16, 2008 (3:49 pm)
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You should also check your home state to see if they have a rebate program if you buy a hybrid. In PA they do and sent me a check for $500. I know many states have programs. Some are more than PA some are tax credits against state taxes. Just check out your states program
#137 of 446
Re: Just bought an 07 Altima Hybrid. Ready to Join the Club [occking] by customervalued
Mar 16, 2008 (5:22 pm)
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Replying to: occking (Mar 16, 2008 1:46 pm)

I see the point regarding the equity line of credit. Unfortunately, that is not an option for us. Still the tax credit certainly has made being "green" more affordable. Thank you for the info.
#138 of 446
Re: 2008 Altima Hybrid black with black leather with tech package [nproszkow] by occking
Mar 17, 2008 (3:55 am)
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Replying to: nproszkow (Mar 16, 2008 3:30 pm)

Well, Mine, same exact list price silver with black leather, roof, tech package purchased for $30,500. A few bucks more than yours but I think I did very well on the trade for my 06 Tribeca $15,500. Plus the double powertrain, tires for life, and got gold plus extended warranty 5 years, 100k for $1400, also 3 free oil changes. Additional cost $289 registration & other dealer fees (included full tank gas which I guess everyone gets these days) My deals were with Mastria, Raynham, MA
 
So far, after going 450 miles the trip computer reads 31.7 miles, mostly highway driving. Also purchased one for wife last week, without tech package, more city driving on hers & that seems to be averaging 30.7 mpg on computer. I realize the indications of mpg on computer's are usually inflated so real curious as I fill up what I really will get.
 
Have you noticed hour the mph is so totally inaccurate? On mine with all the highway driving I did only shows around 25 mph. Should say more like 50 or so. Same for my wife's car, it shows only 20 mph. Maybe after I reset both of them after first fill up they will be more accurate.
 
Any others out there comment on this???
#139 of 446
2007 Altima NAH Available in Jameestown, New York by emgr
Mar 18, 2008 (4:30 pm)
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I was at the dealer today and they still had a 2007 Altima Hybrid with Connection Package available at what I was told was a hot price. Let me know if anyone is interested and I will put in you contact.
#140 of 446
Re: 2007 Altima NAH Available in Jameestown, New York [emgr] by customervalued
Mar 18, 2008 (4:42 pm)
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Replying to: emgr (Mar 18, 2008 4:30 pm)

Went back to finalize the purchase today and the first thing out of the sales person's mouth was "there is a problem". Apparently the 2.9% apr offer ended on the third and blamed the manager for not updating the current offers. I was directed to speak with the finance manager who was very apologetic and genuinely wanted to make things right. When running my credit through normal financing the rate came back over 8%. Needless to say I was ready to walk out the door. He made some calls and bumped my credit to the next tier and found a bank with an interest in the low 5's (60 month). To make up the difference back to the original payments that would have been with the promotional financing they sold the 07 hybrid with convenience for 23700 and bumped up my trade. So in the end the price/payments were the same. He even sold me the extended gold plus warranty at cost. As I watched his screen the 60000 mile warranty (came up as $619 or $629) The bump up to the 75000 warranty added another $1 to my monthly payment and the 72 month 100000 mile added another $7. So we decided to get the 72 month 100000 gold warranty ($50 deductable) which came to $1063 added to the price of the vehicle. The manager said that the warranty is transferrable and if you traded it in to the dealer later they could prorate the balance of the unused portion of the warranty and refund you $. The dealership also offers oil changes for life with any car purchase.
#141 of 446
Re: 2007 Altima NAH Available in Jameestown, New York [customervalued] by redwood2
Mar 18, 2008 (7:36 pm)
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Replying to: customervalued (Mar 18, 2008 4:42 pm)

Just curious: if the 2.9% financing ended, isn't there another financing incentive in place and/or a $1250 rebate? I'm getting ready to deal this week on a NAH w/tech. So far, one dealer offered $1,000 below invoice (tech, moonroof, everything), before factoring in the rebate.

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