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Nissan Altima Hybrid Prices Paid and Buying Experience

446 messages,  Last post on Oct 27, 2009 at 3:13 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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#441 of 446
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 446
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 446
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 446
Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [ichiro51] by nissanman2010
Oct 27, 2009 (6:36 am)
Reply

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
#445 of 446
Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [nissanman2010] by ecr72
Oct 27, 2009 (7:42 am)
Reply

Replying to: nissanman2010 (Oct 27, 2009 6:36 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 446
Hmm by kyfdx HOST
Oct 27, 2009 (3:13 pm)
Reply
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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