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Hpoe that helps.
Invoice with options is $23,686
MSRP with options: $25,455
What others are paying: $24,083
Currently, they are offering two rebates: one of $1750 for all new car shoppers and another of $500 for college students. I can get both since I am a student, but I am a bit confused how to calculate these into the equation of (Dealer Actual Cost + 3%) to get my offer price. These are both cash to customer rebates so do i get them immediately or do they come afterwards? I am assuming the dealer reimburses the dealership for these as well.
Here is what I got so far: Base Invoice $18,800 + SL Package $3501 + Power Sunroof $780 = 23,801 (Total Vehicle and Option Price) - Holdback 2% $509.10 = 22,571.90 (Total Cost to Dealer) + 3% Dealer Profit 677.16 = 23,249.06 Price I am looking to negotiate not including Tax, Tags, Title...
Does this seem about right? Can any offer any other considerations?
After rebates, the invoice turns out to be close to Edmunds' number.
Avoid Star Nissan. The guy there mailed me stating an invoice of $350-400 above Edmunds. When I pointed that out, he sent me a rude email stating that Edmunds does not build cars and does not know the invoice- must be an old school, pre internet era guy used to dealing with customers who did not have a clue about what the dealer paid and what other paid.
Anyway, I think I have a good deal and will buy this weekend.
What do you folks think- is there any further scope for bargain?
Have a eloan powercheck for 5.69%, their lowest rate for 36 months- will borrow from dealer only if I can get less.
Any experiences on financing rates if you take the 1750 rebate?
I just purchased a 2.5 s w/ special edition package and when i closed the deal in the finance office the manager said this...
"If you waive your traditionall 36K/3yr warranty I will give you and additional $1,200.00 off the car". I said no, but why would he do this? To me this is very weird, he wants to give me more money off the car if I waive the warranty on a new 06. Does anyone have some ideas? Thank you.
The only thing similar that I've heard... When they were trying to ditch the last of the Oldsmobiles, they were offering a longer warranty... but, you could take a $1000 rebate, and just have the standard 3yr/36K warranty...
But, your deal just sounds shady....
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'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
During the last few months, I have truly enjoyed reviewing the info on these boards. I appreciate all the work Edmunds has invested in this site (thank you to the HOSTS!) and value equally the forum member contributions. Hopefully, my experience will provide assistance and insight to potential Altima buyers.
We live in Hammond, Louisiana, a town about 45 minutes East of Baton Rouge and 1 hour North of New Orleans. On Memorial Day we bought an '06 Altima 3.5 SE at Bill Hood Nissan - they were fantastic. No pain, no pressure, sales staff were very courteous and knowledgeable. I never thought I'd say this, but the experience was a pleasure. We worked with two salespeople in specific whose names I will be glad to give via email. Bill Hood has 5 different dealerships in the area, and they sell everything.
Please Note: I am not related to Mr. Hood nor his employees either by blood or marriage (LOL), I do not know them personally in any way, and there are zero ulterior motives here, folks! I just know how hard it is to, um, "swim amongst the sharks", and what a relief it is when you are fortunate enough not to have to.
WE LOVE THIS CAR. Having driven a new Ford Expedition since we bought it in 2002 (totaled two months ago, OUCH) we could not imagine "squeezing" into a sedan with two kids, and were determined to get back into an SUV. But the 2006 Altima has blown us away. The Bose is amazing, the ride is superb, the interior is very, very comfortable, and the list goes ON. Below is the info on the car...
- 2006 Altima 3.5 SE Automatic in Satin White
This particular car was loaded with all SL options like leather interior, moon roof, 6 disc / 8 speaker Bose system, ground effects, heated front seats, dual climate control, etc. Only the spoiler, navigation, and High Intensity Discharge lights were not included. (we are adding the spoiler next week) Tires on the 3.5 SE are 17" while those on the 3.5 SL are 16".
- MSRP = $29,000
- Actual Price paid = $24,100 (including destination charge, but not TTL of course), a difference of $4,900.00. Of this amount $4,500 was discounted due to the competitor's ad we brought in (see below) and the other $400 was deducted because we dropped "Roadside Assistance", or something like that. (will have to check MSRP sticker in glove box)
If you are in this area (even an hour or two away, assuming the discount would be worth it to you), it is worth it to check up on this. Memorial Day sale prices may still be in effect through 5/31. (please check the ads and make a few calls before coming out, just to make sure) One dealer was advertising $5,000.00 off ANY '06 Altima on his lot. The breakdown was:
Dealer Discount: $2,750.00
Factory Rebate: $1,750.00
College Grad Discount: $500.00
We did not qualify for the (recent) college grad discount, but $4,500.00 in discounts remained which we did "qualify" for. So we took this ad to our hometown dealer (Bill Hood) and said if they could match the $4,500 off MSRP, we would be happy to do business with them. (otherwise, off to the other dealer we would have had to go) They accepted, and were great with us throughout the entire process.
Gee, that was TOO long. (LOL, oops)
I do not often shop for a new car, but I THINK I was lucky on this and got a great price. What do you think - did I?? (too, the star treatment from Bill Hood was equally fantastic)
Thanks,
FP
P.S. Bperk - THAT IS SO CREEPY, OMG. You are right. There's something stinky going on.
"Listen to the mumbling at the beginning of the radio ad", HOWLING!!!!! TEARS!!!!!!
1) No financing, car was paid in cash.
2) No trade in.
Price paid before TTL = $24,100
FP
The Nissan website is not entirely clear on whether you actually need to finance through them to receive the rebate. I called Nissan consumer affairs and got bounced around a few times until someone confirmed that yes, you do need to finance through them to receive that rebate. So beware.
I am looking for a Nissan Altima 3.5 SE with manual transmission(no leather or all that jazz) and looking to be around $19,000.00 out the door.
Possible?
invoice = $22,431
rebate = $1750
net = $20681
dealers are not too keen on going to invoice on this car (since its "tough to find"), let alone ... let's see... i don't know your taxes and dmv fees, but you're looking for them to be AT LEAST $2500 under invoice minus rebates. Ummmm... no. You're basically asking them to pay you to take the car off their hands (since you want them to sell it to you for less than they paid for it).
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Thanks.
Possibly, only possibly, your dealership got wind of this and tried to sell them "cheap" w/out warranty to avoid taking a loss. My mom got here car the 1st week of June 06-the recall came out in the paper a day prior.
I negotiated for her a 2.5 SE (special edition) CD, Sunroof.. off the lot for $21,300 in the Indianapolis area.
I also made sure her serial number was not one of the cars maufactured during the defective time period. If you did buy that car-I would check w/Nissan regarding the recall.
Angie
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Graduation within the next six months, or past two years, from an accredited U.S. two- or four-year university, college, graduate school or nursing school.
Also eligible: students currently enrolled in graduate school.
Also something on the site that might be of interest to you:
Are you a recent college graduate?
Are you a new college grad? Your achievement deserves credit. SignatureGRADUATE offers a finance choice customized for recent graduates. Make that next big step with exclusive purchase and lease plans featuring special APR and lease terms when you purchase or lease with Nissan financing. You'll enjoy:
Purchase and lease plans on all new Nissan vehicles.
Purchase plans on pre-owned Nissans less than five years old.
Security deposit waiver on leases.
A delayed payment option when you purchase a new Nissan. (Available on loans up to 60 months. Deferred interest added to principal balance and payable over the remaining term. Availability may vary by state.)
$500 "Grad Cash" may be available for college graduates to you help finance your new Nissan. Click on Finance Offers or check with your Nissan dealer for details.
To qualify for the SignatureGRADUATE program, all you have to do is provide proof of:
Graduation within the next six months, or past two years, from an accredited U.S. two- or four-year university, college, graduate school or nursing school. Also eligible: students currently enrolled in graduate school.
Present employment, or future employment beginning within 90 days of financing approval.
Sufficient income to cover normal living expenses and car payments.
Auto insurance.
Approved credit.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I did drive the Altima and found that the room was better. I can get more options (Bose; sunroof, leather) all for cheaper than the Volvo.
Question is, what would be a good deal on the Nissan 3.5 SE w/ leather, Bose, XM, and sunroof?? How much off MSRP/Invoice could I get it down to?
I'm pretty confident I can get the Volvo down to around $24,5 to $25,5.
They also gave me a offer on a recalled car, $17,850 drive-out, but I refused. The whole procedure was smooth and pleasant. It just took me about an hour in the showroom.
What's you guys opinion, is this a good deal?
Originally I wanted the Silver or Smoke color, the only color they had that I liked was Dark Blue. I had the quote from that dealership of $16,995, but when I was at the dealer they stated it would be 17,000 plus $600 destination fee. The destination fee was included in the internet special quote I originally received, I declined the $17600 quote offer and will go back to the dealership tomorrow to speak with the internet managers that I originally worked with. M`Lady Nissan also offers to change tires on the car for the life of the vehicle as long as I service the car there, and this is the 1st time I’ve ever heard of a deal like that .
The McGrath Nissan however offered a quote of $16,695, well, without the life time free tire changes.
The reason I'm on the market for a car is because I totaled my 98 Civic, luckily nobody got hurt. Allstate declared that frame was damaged previously, before my purchase of the car and that they will only pay for what happened to the car in this accident.. don’t know what they are talking about the frame wasn’t damaged before I bought the car
After they pay me 964 minus my $500 deductible it would approximately cost me another $1300 or $1800 (don’t remember which it was) after the visual estimate which likely will change as the works starts on the car . I’m contacting the attorney on Monday as talking with Allstate fro the past 3 weeks didn’t get me anywhere.
Anybody knows of any frame repair shops in Illinois/NW Chicago land area?
A WORD OF WISDOM: STAY AWAY FROM ALLSTATE!
To get the best deals on any new car, request the online quote from at least 3 dealerships and ask to be contacted via e-mail. Then keep on exchanging e-mails between the dealers. This dealer gives me that, can you give me a better price? an so on.... until every dealer will get tired of replying to your messages and will give you the absolute lowest price on the car! LOL
Thanks guys and good luck to all of you.
Will keep you updated.
I am about to close the deal tomorrow for a 2006 Nissan Altima 2.5 S Special Edition, with 16" Alloys, Splash Guards and Floor/Trunk Mats. The final price is $19500 with all taxes, title and fees and minus $1750 rebate and $500.
Is that a good deal or not...any suggestions...I am in Montgomery County of PA.
I purchased the same car except not w/ alloy wheels for $16,500 final price out the door. Put 1K down & financed $15,500 at 5.9%. Located in Feasterville, Bucks county, PA
Thanks in advance,
Dave
I've been offered it @ $26,000(after $1750 cash back). With that starting price, what is a good counter offer to go to? What will I be able to get the price down to?
Thanks
Frank
Now that 2007 is out in stores, do you think the discounts offered will be more.
Thanks in advance
Just wanted to share my horrible experience trying to buy a 2006 Altima at Family Nissan in Rancho Santa Margarita.
They had it advertised in the Orange County Register as "Your Price: $13,988" after all rebates. They said they had 5 available at that price.
The ad is
http://www.familynissanrsm.com/frame.jsp?dfsp=t&url=5635.pdf
We went, filled out all the paperwork, and the dealer came back saying the price would be $1000 more because they put a pro-package on the car with some kind of finish on the paint and some other stuff. We assumed this was only on the car/color we chose, so we said we wanted the ones in the ad. They then told us that all the cars they had have this propack finish and there was nothing they could do about it. This propack finish was a dealer add-on.
Needless to say, we felt quite deceived. Even the salesperson felt bad, as he knew it was deceptive business practice. The manager of the dealer claimed that there was a disclaimer at the bottom of the add saying that "Does not include added accessories". The dealership was very nasty and was not willing to try to appease the customer at all. He did not offer to split the difference with us or anything. We did not have a good experience at this dealership and I would suggest you find your nissan elsewhere.
Family Nissan called the next day and offered to sell me the car for $750 above the ad, rather than the $1000, but I was not impressed. OC register replied back and agreed it was shady advertising, and the head guy went to talk to the dealer and tell them they weren't too happy, but ultimately he couldn't force them to sell the car for that price.
Nissan Customer Relations sent back a letter saying they would forward the letter to the dealer and to the regional office, but the dealers are individually owned.
Well, I got Cerritos Nissan to almost meet the price (within a few hundred dollars) and we acccepted and purchased the car today for approx $16,500 out the door. New 2006 Altima 2.5S Automatic in white. Unfortunately, the battery was dead when we went to drive it home, so they will replace that and detail out a few blemishes, but overall I'm thrilled with the car and the price we paid. I did all the negotiating with the internet department and was very satisfied. Cerritos Nissan is a big dealer and sells a bunch of cars and obviously knows how to treat customers, unlike Family Nissan in Rancho Santa Margarita.
I purchased the car at McGrath, as I didn't appreciate beeing treated with ignorance and being yelled at. The internet manager at M`Lady Nissan of Crystal Lake, IL was one ignorant, arrogant moron.
This took place in august, I received a price of 16,800 on 2.5 SE or something like that as an internet special. When I stopped by at the dealer to test drive the car, the Internet Manager and his other associate wasn't there, so I dealt with the regular salesman. I provided a printed e-mail with the quote and after a test drive, I was told that I can have the car at that price but will have to pay a destination fee of $600.00 additionally (that actually was already included in that e-mail quote I received and I wasn’t about to shell out an extra 600 bucks for no reason).
I left and found an ad in the paper the next morning with their weekend specials, 2006 Altima 2.5S was priced at 16,300. I called the dealer to verify that they do in fact have this car at that price, and I was told that the car is there and availably for immediate delivery. When I came in, the Internet Manager met me outside and walked me into his office looked at the ad and stated that ad price doesn't include the $500.00 Nissan royalty rebate as well as $500.00 College Grad rebate and that I don't qualify for either one although my wife would qualify but he just didn’t care to listen about it. That same car advertised at $16,300 was allof a sudden $17,300. There was nothing in the ad to indicate the College Grad or Nissan Royalty rebates would have to be applied and the guy I spoke on the phone with stated that the car was available at that price and nothinig else to it. So, I told the internet manager, that I wasn't interested and that if M`Lady wanted my business they would have to sell the 2.5S Altima priced as listed in the ad – $16,300
At this point, conversation turned into something else, I felt like I was being grounded as a kid ..The internet manager turned red and started talking down on me and my wife, he raised his voice, but there was no swearing, yet, he was acting like a real jackass. I could’ve easily reach out and pull him across his desk as he was a short looser, but instead per my wife’s suggestion we just got up and walked out. As we were walking out, the internet manager kept trying to keep us in his office. He was saying: “what even if McGrath charges you more, you won’t buy form me???” So, I replied: “ even if I have to pay twice as much, I won’t buy from you!”
The same day we bought a 2.5SE Altima at McGrath of Elgin, IL with the exact color and package we wanted. I have some minor repair issues at McGrath, but hopefully they willget squared away and I don't have to return the car back to the dealer...
Cheers
Just a basic automatic altima with carpets and splashguards.
MSRP 20,995
price paid: 16,888
-$2000 rebate
final price = 14,888
+ taxes, titles, license, etc.