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Nissan Altima Hybrid Prices Paid and Buying Experience

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

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

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#438 of 447 2009 Altima Hybrid Lease rates and residual value by vicenza Oct 15, 2009 (9:02 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. Replies to this message: meanboy2005 (Oct 15, 2009 10:11 pm) vicenza (Oct 16, 2009 10:08 pm) meanboy2005 (Oct 17, 2009 1:10 am)
#439 of 447 Re: 2009 Altima Hybrid Lease rates and residual value [vicenza] by meanboy2005 Oct 15, 2009 (10:11 pm)
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). Replies to this message: vicenza (Oct 16, 2009 10:08 pm) meanboy2005 (Oct 17, 2009 1:10 am)
#440 of 447 Re: 2009 Altima Hybrid Lease rates and residual value [meanboy2005] by vicenza Oct 16, 2009 (10:08 pm)
Replying to: meanboy2005 (Oct 15, 2009 10:11 pm) How do you know if you are eligible for the tax credit? Replies to this message: meanboy2005 (Oct 17, 2009 1:10 am)
#441 of 447 Re: 2009 Altima Hybrid Lease rates and residual value [vicenza] by meanboy2005 Oct 17, 2009 (1:10 am)
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)
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)
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. Replies to this message: nissanman2010 (Oct 27, 2009 6:36 am) ecr72 (Oct 27, 2009 7:42 am)
#444 of 447 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [ichiro51] by nissanman2010 Oct 27, 2009 (6:36 am)
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 Replies to this message: ecr72 (Oct 27, 2009 7:42 am)
#445 of 447 Re: Nissan Altima Hybrid: Prices Paid and Buying Experience [nissanman2010] by ecr72 Oct 27, 2009 (7:42 am)
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 447 Hmm by kyfdx HOST Oct 27, 2009 (3:13 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..
#447 of 447 2009 Nissan Altima Hybrids -- Good Deals by newhampster Nov 25, 2009 (7:44 pm)
Just bought a new 2009 NAH in New Hampshire, even though NH is not officially one of the 8 states. Current Nissan rebate (Oct. & Nov. 2009) for the '09 NAH is $3,500, and there may be an additional $500 Black Friday incentive. With some negotiating, dealer took an additional $3,000 off the $27,500 base sticker price (not even including their dealer-added transportation, pin-stripping and clear-cote fluff). OTD price (w/o TTL): $21,000. Deduct the $2,350 tax credit and NET = $18,650. That's a lot cheaper than a Prius or even a Civic hybrid! Yeah depreciation is a killer when buying a '09 model in November '09, but I plan to hold on to this car for a while. Standard 100,000 mile battery/EV warranty is reassuring. Although I didn't buy it there because of the distance, I recommend Marc Motors in Sanford, ME to anybody in New Hampshire, Maine or NE Massachusetts. They would have sold me an '09 NAH at an even more competitive price, and they are getting in 2010 NAHs.

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