Last post on Jan 20, 2012 at 10:06 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Altima Hybrid, Nissan Altima, Car Leasing, Car Buying, Sedan
#437 of 730 Re: 09' Loaded Hybrid Paid $28725 after rebates - good deal? [gianni24]
Oct 11, 2009 (12:38 pm)
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)
#438 of 730 2009 Altima Hybrid Lease rates and residual value
Oct 15, 2009 (10:02 pm)
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 730 Re: 2009 Altima Hybrid Lease rates and residual value [vicenza]
Oct 15, 2009 (11:11 pm)
FYI, if you lease the car you won't be eligible for the Federal Tax Credit(assuming that you were eligible).
#440 of 730 Re: 2009 Altima Hybrid Lease rates and residual value [meanboy2005]
Oct 16, 2009 (11:08 pm)
How do you know if you are eligible for the tax credit?
#441 of 730 Re: 2009 Altima Hybrid Lease rates and residual value [vicenza]
Oct 17, 2009 (2:10 am)
"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."
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 730 Help Car Man
Oct 17, 2009 (9:08 pm)
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 730 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [kyfdx]
Oct 27, 2009 (12:03 am)
Owner of 09 precision Grey NHA, fully loaded! Deal of the century!
Final sold price: $31,380 - $800.00 below invoice.
CA Sales Tax $ 2356 - Tax deduction
Official fees $ 456.
Cars CFC $ -4500
Nissan Rebates $ -3250
Hybrid tax credit$ -2350
CA Sales Tax $ -2356 approx deduction
Thank you President Obama! I finally got rid of my Dodge Caravan for the full Cash for clunkers credit.
#444 of 730 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [ichiro51]
Oct 27, 2009 (7:36 am)
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
#445 of 730 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [nissanman2010]
Oct 27, 2009 (8:42 am)
One more thing. I'm pretty sure the $4,500 CFC is considered income and you'll have to pay tax on that.
Yes, it's still a good price but please direct your thanks toward your fellow tax payers for the CFC, Hybrid and State Sales Tax Rebates.
#446 of 730 Hmm
by kyfdx HOST
Oct 27, 2009 (4:13 pm)
A) No.. the $4500 rebate isn't taxable as income (it may have been subject to sales tax, before being deducted from the price).
B) A $2356 federal income deduction for the sales tax is worth about $600 to most buyers...
Still... a good deal..