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dannon025
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dannon025
Posts: 7
Registered: ‎03-19-2008
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Info on Nissan
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‎04-30-2008 06:59 PM

My work has a special price program w/ Nissan.  We get factory pricing on all Nissan and Infiniti cars.  I'm looking to buy an Altima and was wondering what they pull.  Anyone know? 
 
Also, how tough is it to get financed through NMAC?  I know that I can get financed but I'm worried at what interest rate.  Anyone know of what beacon scores qualify for what rates? Thanks in advance.
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1111mel
Posts: 1,060
Registered: ‎02-13-2008
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Re: Info on Nissan
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‎04-30-2008 08:06 PM

When I bought my car in Nevada in January they ran all 3 reports of regular scores, not Auto Enhanced.

The car is financed with NMAC.
Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
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dannon025
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dannon025
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Re: Info on Nissan
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‎04-30-2008 10:52 PM

Which Nevada dealership was it?
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1111mel
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Registered: ‎02-13-2008
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Re: Info on Nissan

[ Edited ]
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‎05-01-2008 07:42 AM - edited ‎05-01-2008 07:46 AM

United Nissan.  They were desperate and gave me a great interest rate.
 
Although they have the fancy "dealer invoices" where they add $2k to the price and call it a Desert Package.  As soon as I told them that I wouldn't discuss anything but MSRP they gave in.  I ended up buying the car for Invoice ($2k under MSRP and $4K under their Dealer Invoice)


Message Edited by 1111mel on 05-01-2008 07:46 AM
Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
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edrenjr
Posts: 18
Registered: ‎03-04-2008
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Re: Info on Nissan
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‎05-01-2008 11:07 AM

What fico's are you currently at?  We are looking at a Nissan Altima and just got a fantastic price.  I was wondering if it would be best to just go through the dealer or get pre app'd.  My wife's credit is better than mine, but I am just curiuos as to what rates and FICO's everyone is getting with Nissan.
 
 
3/5/08 EX 542 - EQ 587 - TU 589
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1111mel
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Registered: ‎02-13-2008
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Re: Info on Nissan
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‎05-01-2008 11:46 AM

At time of purchase my scores were all above 750.  I didn't let them run my credit until after I made the complete deal.  They took me on my word that my scores were high and I negoitiated 5.99% for 72 months. They started out with offering me 7.25% for 84 months....
Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
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edrenjr
Posts: 18
Registered: ‎03-04-2008
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Re: Info on Nissan
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‎05-03-2008 10:16 AM

We just negotiated an 08 Nissan Altima 2.5 S with the SL package and the Connection package for $20183. 60 months at 11%.  We love it!  I personally would never, ever finance a car for anything longer than 60 months and certainly not something like 84 months!
3/5/08 EX 542 - EQ 587 - TU 589
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1111mel
Posts: 1,060
Registered: ‎02-13-2008
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Re: Info on Nissan
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‎05-03-2008 02:06 PM

I'll have my Xterra paid off in 2 years. I went with a 72 month loan because it lowered the monthly minimum payments....I plan to purchase a house this fall.

Financing a car for anything more than 48 months and less than 20% down will leave you upside down in the car for the entire loan.
Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
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marty56
Posts: 5,794
Registered: ‎10-06-2007
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Re: Info on Nissan
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‎05-03-2008 05:26 PM


1111mel wrote:
I'll have my Xterra paid off in 2 years. I went with a 72 month loan because it lowered the monthly minimum payments.

I plan to do the same thing between now and Sept.  Gppd idea to go for 72 months but pay it off as soon as you can.  Less pressure and less interest if you can.
 
Tough part is to know what car to buy.
10/13/2017 FICO: EQ 829 TU 816 EX 826
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wufibug
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wufibug
Posts: 2
Registered: ‎02-21-2008
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Re: Info on Nissan
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‎06-12-2008 10:17 PM

We just got my wife a new loaded Infiniti EX35... great little car btw We cosigned on a lease with Nissan Credit, they pulled both of our EQ scores - 730 for her, 711 for me. Got 1.8% for 39 months, $1500 down Not sure how they price Nissans, but thought I'd share
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