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Nissan Altima Hybrid Prices Paid and Buying Experience

447 messages,  Last post on Nov 25, 2009 at 7:44 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#435 of 447
Re: My New Ride [kale] by langjie
Sep 24, 2009 (6:13 am)
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Replying to: kale (Sep 21, 2009 5:48 am)

3,750 miles....but I don't get my oil changed even that frequently. I do about 7,000 miles (using synthetic though).
#436 of 447
09' Loaded Hybrid Paid $28725 after rebates - good deal? by gianni24
Oct 11, 2009 (5:13 am)
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Hey All,
 
I bought a fully loaded '09 Altima Hybrid on 10/9/09 which stickered for $34,900; I paid $28,725 before taxes, licenses and fees. I am in union county NJ. That was the Edmunds TMV and what I shot for. However, when the sales manager wrote up the contract I saw that he included $4500 in rebates instead of the $3500 Edmunds had in the TMV.
 
Ever since I walked out of the dealership I have been feeling like I got taken for a little ride. At a minimum, I paid $70 more in taxes (since rebates are taxable). But, I am also feeling like there was $1000 more wiggle room that I did not take advantage of. Out the door from the dealiership I eneded up paying $31,637.15. with the Tax incentive I am solidly under 30k.
 
what do you guys think? Should I return the car (I have until tomorrow) or be happy with the deal I got?
 
BTW - Valuable lessons learned;
 
1. ask friends and family what dealerships they like for buying whatever make you decide on. after i closed my deal i found out that a nissan dealership not to far away offered free oil changes and loaner cars for life on cars purchased from them.
 
2. take back control. ask the dealer what the rebates and incentives are available when you sit down. then you right down your numbers and present your numbers to them. i can not tolerate the "let me go ask" process. I need to buy another car in about a month. I am actually contemplating showing up with a cashiers check for the exact amount i am willing to pay out the door so that i can cut down on the BS.
 
3. check the dealer's website before going to see if they have any special incentives. the dealership i bought from was offering a $250 gas card but i needed to present the coupon upon walking into the dealership. a scam i am sure, but i feel like i still missed out.
#437 of 447
Re: 09' Loaded Hybrid Paid $28725 after rebates - good deal? [gianni24] by primemover_nah
Oct 11, 2009 (11:38 am)
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Replying to: gianni24 (Oct 11, 2009 5:13 am)

I just bought a fully loaded 2009 Nissan Altima Hybrid for $27,320 in the SF/Bay Area.
 
I used the internet (edmunds) for my purchase and am satisfied w/ the process. I negotiated remotely with several dealers in my area and nailed it down to a 1 dealer w/ the best price.
 
After we finalized the price, I asked for the "out the door" (OTD) price and prepared my own spreadsheet. When I got to the dealer I had my spreadsheets, my e-mails confirming the negotiated price and stating the out the door price. I made it very clear that "any" deviation from the purchase price and OTD amount will NOT close the deal.
 
Here are the final numbers:
 
Dealer Price: $32,075.00 (Invoice)
Less Rebates: $4,500
Less Dealer Incentive: $255
Purchase Price: $27,320
Add: Taxes + Reg: $3,625
Out the Door Price: $30,945.00
Financed w/ Nissan 4.34% (60 mo. term)
 
Color: Dark Slate
Packages: Convenience, Connection, Technology, Kick Plate, Moon Roof (fully loaded)
 
Regards,
-Prime
#438 of 447
2009 Altima Hybrid Lease rates and residual value by vicenza
Oct 15, 2009 (9:02 pm)
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Looking at a 2009 loaded Altima Hybrid which I want to lease for 24 months with 18k miles per year (will Nissan allow that?) in California. What's the current money factor rate using a Tier 0 or Tier 1 and what's the residual value for that car for that many miles and term.
#439 of 447
Re: 2009 Altima Hybrid Lease rates and residual value [vicenza] by meanboy2005
Oct 15, 2009 (10:11 pm)
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Replying to: vicenza (Oct 15, 2009 9:02 pm)

FYI, if you lease the car you won't be eligible for the Federal Tax Credit(assuming that you were eligible).
#440 of 447
Re: 2009 Altima Hybrid Lease rates and residual value [meanboy2005] by vicenza
Oct 16, 2009 (10:08 pm)
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Replying to: meanboy2005 (Oct 15, 2009 10:11 pm)

How do you know if you are eligible for the tax credit?
#441 of 447
Re: 2009 Altima Hybrid Lease rates and residual value [vicenza] by meanboy2005
Oct 17, 2009 (1:10 am)
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Replying to: vicenza (Oct 16, 2009 10:08 pm)

"The credit is available only to the original purchaser of a new qualifying vehicle. If the qualifying vehicle is leased the credit is available only to the leasing company."
 
http://www.irs.gov/newsroom/article/0,,id=107766,00.html
 
You should talk to an accountant to see if you are eligible for the tax credit. I believe those subjected to ATM will lose some if not all of the credit.
#442 of 447
Help Car Man by vicenza
Oct 17, 2009 (8:08 pm)
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Car Man I'm looking at a 2009 loaded Altima Hybrid which I want to lease for 24 months with 18k miles per year (will Nissan allow that?) in California. What's the current money factor rate using a Tier 0 or Tier 1 and what's the residual value for that car for that many miles and term.
 
Also, do you have any of the same info available for a 2010 loaded with an MSRP of $35k?
#443 of 447
Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [kyfdx] by ichiro51
Oct 26, 2009 (11:03 pm)
Reply

Replying to: kyfdx (Jun 02, 2007 7:11 am)

Owner of 09 precision Grey NHA, fully loaded! Deal of the century!
MSRP: $34,975
 
Final sold price: $31,380 - $800.00 below invoice.
CA Sales Tax $ 2356 - Tax deduction
Official fees $ 456.
                     -----------------
                        $ 34192
Cars CFC $ -4500
Nissan Rebates $ -3250
Hybrid tax credit$ -2350
CA Sales Tax $ -2356 approx deduction
                       --------------------
                        $ 21,736
 
Thank you President Obama! I finally got rid of my Dodge Caravan for the full Cash for clunkers credit.
#444 of 447
Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [ichiro51] by nissanman2010
Oct 27, 2009 (6:36 am)
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Replying to: ichiro51 (Oct 26, 2009 11:03 pm)

Okay, Read this POST with a caution. the writer has double dipped on the tax credit part. One is a federal credit and the other one is sales tax on the state return. NOT the same credit. Although Overall a Good Proce Paid, not an unusual situation I must say

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