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The local Nissan dealership is having a 1% over invoice sale. *EDIT* Bought a Sentra XE

G

Gaard

Diamond Member
Any way to find out what their invoice is without having to simply take their word for what it is?

******************EDIT********************EDIT****************************EDIT*********************

Ended up buying a Sentra XE. According to carpoint.com the invoice for the car w/ the options I got is $13927. Add another 1% and you get $14066. Guess what I paid for the car...yep, $14066. 🙂 I know it's not a great price...and I'm not jumping for joy like Skoorb and his Maxima...but I'm satisfied.

Oh yeah, I had applied for financing at lendingtree.com to see who would give me the cheapest financing. After I drove the car home, I got a call from lendingtree. The lady said the cheapest she could get me was 5.9% from some bank out west. Nissan gave me 2.9% when I bought the car earlier in the day. 😉
 
Invoice isn't the same as cost. He said 1% over invoice.

The sites mentioned like Edmunds.com will give you an idea, but there are some things they don't include, like advertising charges.
 
Actually, a dealership can sell a car at cost and still make money. There are kickbacks the dealer receives for various things.
 
Actually, a dealership can sell a car at cost and still make money. There are kickbacks the dealer receives for various things
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The kickback will not cover up to the unit break price. There is fix cost overhead when running a lot.

Rain
 
The thing is what invoice are they talking about???

If i am correct, i believe colorado made the "% over invoice" ads illegal.
 
My mom got her 1999.5 Infiniti I30 Limited for $23,900 brand new. At the time that was about $2000 - $3000 below invoice I believe. They were trying to clear them out because they had a crappy year.
 
Originally posted by: PsychoAndy
Edmunds.com

Carpoint.com

Carbuyingtips.com

-PAB
Click to expand...

This is where I'd start, esp with the last and first site mentioned.

1% over invoice, I think they're BS'ing.

What year/make/model/trim/transmission car are you looking at?
 
Nissan Sentra 4dr Sedan XE

According to carpoint.com the invoice for this car is about $13,900 and there's a $750 rebate from Nissan that I assume goes to the dealership...so I submitted an offer of $12,500 and we'll go from there.
 
The rebate is for students and the recently graduated. Ended up buy a Sentra XE. See 1st post for details.
 
When I was looking for an affordable new car in 2000, I was first considering the Sentra XE. Turns out they don't make too many of these, and even the GXEs are not very popular compared to Altimas. I was close to buying an Altima but the Nissan dealers I visited were fvcking assholes. I ended up with an Accord SE, which I think is the right decision (obviously not as cheap).

I got a lousy finance rate, but that was subsequently taken care of.
 
Originally posted by: RossMAN
Congrats on the your new car and what a great rate! 2.9%

What year?
Which transmission?

Pics?
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It's a 2003, auto, CD, air, plus some misc stuff. I'll get a pic up as soon as I get things straightened out over at Paulson's site. 🙂
 
<<The kickback will not cover up to the unit break price. There is fix cost overhead when running a lot.>>

Hm... what do you think about the Honda dealers that were selling their 2002 Accords for over $4000 off MSRP? That's about betwen $1500-2000 below invoice. Is it really worth it to "lose" so much money on these 2002 models just for the sake of clearance?
 
Originally posted by: ElFenix
are you sure you got 2.9%?
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Ummm, I'm pretty sure. Let me check the contract a minute. Let's see...that's a 2. That's a period. That's a 9. And there's a % sign. Yep, 2.9%! 😉
 
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