Nissan Altima Hybrid Prices Paid and Buying Experience

730 messages,  Last post on Jan 20, 2012 at 10:06 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#437 of 730 Re: 09' Loaded Hybrid Paid $28725 after rebates - good deal? [gianni24] by primemover_nah

Oct 11, 2009 (12:38 pm)

Replying to: gianni24 (Oct 11, 2009 6:13 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 730 2009 Altima Hybrid Lease rates and residual value by vicenza

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] by meanboy2005

Oct 15, 2009 (11:11 pm)

Replying to: vicenza (Oct 15, 2009 10:02 pm)
FYI, if you lease the car you won't be eligible for the Federal Tax Credit(assuming that you were eligible).

#440 of 730 Re: 2009 Altima Hybrid Lease rates and residual value [meanboy2005] by vicenza

Oct 16, 2009 (11:08 pm)

Replying to: meanboy2005 (Oct 15, 2009 11:11 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] by meanboy2005

Oct 17, 2009 (2:10 am)

Replying to: vicenza (Oct 16, 2009 11:08 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 730 Help Car Man by vicenza

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] by ichiro51

Oct 27, 2009 (12:03 am)

Replying to: kyfdx (Jun 02, 2007 8:11 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 730 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [ichiro51] by nissanman2010

Oct 27, 2009 (7:36 am)

Replying to: ichiro51 (Oct 27, 2009 12:03 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] by ecr72

Oct 27, 2009 (8:42 am)

Replying to: nissanman2010 (Oct 27, 2009 7:36 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..
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