Quote:
Originally Posted by labk888
Wow, thanks for posting that New Cars Pricing and Comparisons Local, Regional and National Car Price Reports at TrueCar link! That website is great!
Yes, I saw the table you created a few posts ago. When we bought my wife's altima a few years ago, this was the equation used to compute her out the door price.
* Dealer invoice
* Minus VPP discount (2.87%)
* Plus dealer added options, Security Plus, etc.
* Plus 2.5% delivery fee of dealer invoice after VPP discount has been subtracted
* Plus destination and handling charge
* Plus marketing assessment as applicable
* Minus applicable incentives
* Equals paticipant's purchase price
It looks like the only difference to that equation with Robert's plan would be the increased discount of 4.3% rather than the 2.87%. If I remember correctly, they added the dealer added options at invoice pricing.
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The -2.87% and +2.5% is called Plan D - lots of people are eligible for that depending on who you work for and if they have a partnership with Nissan. Robert is basically being given the best option of all and passing it on to his friends here. The Plan D seems to involve a 2.87% discount and then the dealer pays 5% so they split the 5% in half and you pay 2.5% and they pay 2.5%. What Robert is offering doesn't have that added 5% cost so it really is a great deal - instead of getting a few hundred below invoice (Plan D) you are getting over a thousand below invoice (Plan A/B) but you don't have to haggle to get there.
You're welcome for the link - TrueCar is a great site - I actually found the link somewhere on this site for the first time.