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new 2016 SV Model

just purchased a new 2016 Altima SV
Gun metallic exterior
Charcoal leather interior
Options: Moon roof, body color side molding, Carpet floor mats

Purchased from RT46 Nissan Totowa NJ

MSRP $30,620
Paid $21,321 + tax/DMV fees

They do hit you with a high 4% APR to get all of the Nissan cash back incentives, but there is no prepayment penalty so I will will just refinance it next month at a much lower rate.
 

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just purchased a new 2016 Altima SV
Gun metallic exterior
Charcoal leather interior
Options: Moon roof, body color side molding, Carpet floor mats

Purchased from RT46 Nissan Totowa NJ

MSRP $30,620
Paid $21,321 + tax/DMV fees

They do hit you with a high 4% APR to get all of the Nissan cash back incentives, but there is no prepayment penalty so I will will just refinance it next month at a much lower rate.
Congrats on your new ride. Sounds like you got a great deal. The 2017's are hitting the lots so there will be good deals on the remaining 2016's. I was going to pay cash for mine but financed it for the Nissan discounts at about 4% and then paid it off the next month.
 

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30.6K MSRP? It would have to have every package plus a bunch of extras. Are you sure that's correct?



just purchased a new 2016 Altima SV
Gun metallic exterior
Charcoal leather interior
Options: Moon roof, body color side molding, Carpet floor mats

Purchased from RT46 Nissan Totowa NJ

MSRP $30,620
Paid $21,321 + tax/DMV fees

They do hit you with a high 4% APR to get all of the Nissan cash back incentives, but there is no prepayment penalty so I will will just refinance it next month at a much lower rate.
 

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Purchased four 2016 Nissan Altima SV's in NJ.

8/16 - Base SV with Body Colored Side Door Moldings, Splash guards, Floor Mats/Trunk Carpet, Rear bumper/trunk Guard - MSRP - 26,995 - Car Price; 17,064 - OTD $19,376.48

8/16 - SV w/ Convenience package and Chrome Door Moldings, Splash Guards, Floor Mats/Trunk Carpet - MSRP - 28,230 - Car Price - 19,014 - OTD $21,360.30

9/8 - SV w/ Convenience package, Navigation Package, Body Colored Door Moldings, Splash Guards, Floor Mats/Trunk Carpet -28,830 - Car Price - 18,994 - OTD $21,543.18

9/13 - SV w/ Convenience Package, Body Colored Side Moldings, Splash Guards, Floor mats/Truck Carpet, MSRP - 28,220 - Car Price - 19,514 - OTD $21,860


Deal 1 and 3 got all dealer installed options thrown in (700 and 600 dollars respectively). Deal 4 was more of a struggle so cost roughly 500 bucks more. Interest ranged from 3.89-3.99%. Dealer marked up the rate to make up for the loss on cars. However, cars will be paid off within 6 months so the interest will be a few hundred bucks. NJ is 7% sales tax.
 

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2015 Nissan Altima 2.5SV. Bought it as a CPO with only 3600 miles on it. $19579 OTD, NYC sales tax is almost 9%, 3.95% APR for 72 months financed through NMAC with $4000 down. FICO is unfortunately in the mid 600s (CreditKarma/CreditWise lied to me with mid 700s), but beggars can't be choosers. Dealer wanted to sell prepaid maintenance and extended warranty for extra $3700, even though I told him to shove it. I signed the paperwork for $23279, went back home, called Nissan directly and canceled everything and getting that money refunded to my principal in 60 days' time. Looking to refi next summer once I build up my credit.
 

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Hi!
Could you please explain how manufacturer rebates work. Is it deducted from a dealer profit or dealership still has its profit untouched after applying all manufacturer rebates?
I saw some people in US droped the price down 8000-9000$ from MRCP. Is it possible in CA Ontario?
Looking for a good deal for 2018/17 Altima 2.5SV.
TIA
 

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I bought my 2014 Altima SL (with Nav, Moonroof, etc..) in March of 2014 for $50 over invoice ($25k and change), put $8000 down, and financed for 5 years @ 0.9% through NMAC. Just made my final payment this past March. The car now has just under 65k miles on it.

Roughly 2 weeks ago, I bought a used Pearl White 2013 Altima SV with 111,000 miles on it for $8000.
 
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