Nmac 3.99%

FuszNissan · 10-30-2009, 11:09 AM

NMAC has an equity program that will run Oct. 30th- Nov. 30th

If you are a Tier 0-1 at 80% LTV you can get 3.99% for up to 63 months.

Just a heads up.

Matt · 10-30-2009, 12:03 PM

Good looking out, Lou!

JungleB · 10-30-2009, 12:56 PM

Through October 30th? That's today and a short lived incentive!

FuszNissan · 10-30-2009, 12:59 PM

Opps...thanks. Nov. 30th

LiuTangClan · 11-01-2009, 12:16 PM

I went to a local dealership here in the Bay Area. We were all squared away with the price and as I sat down w/ the Finance person, they quoted me 6.75% on my loan! My wife and I have great credit (780, 806 respectively) and they wouldn't give us the 3.9%. According to their Finance and Sales Manager, that special from NMAC wasn't in their systems. I told them about this forum post as well as another dealership offering the same 3.9% in the local newspaper but they still wouldn't do anything. He said that it was all "ploys" to get people into their dealerships. I highly doubt that...

Unfortunately, I had to walk away. Man it was hard to walk away from that car. Looks gorgeous in person! Pics don't do it justice!

Matt · 11-01-2009, 12:23 PM

Quote:

Originally Posted by LiuTangClan

I went to a local dealership here in the Bay Area. We were all squared away with the price and as I sat down w/ the Finance person, they quoted me 6.75% on my loan! My wife and I have great credit (780, 806 respectively) and they wouldn't give us the 3.9%. According to their Finance and Sales Manager, that special from NMAC wasn't in their systems. I told them about this forum post as well as another dealership offering the same 3.9% in the local newspaper but they still wouldn't do anything. He said that it was all "ploys" to get people into their dealerships. I highly doubt that...

Unfortunately, I had to walk away. Man it was hard to walk away from that car. Looks gorgeous in person! Pics don't do it justice!

Good for you!!!!!

I bet you'll get a call soon saying they can get that financing.

If not, check out PenFed online. 20 min app process for 3.99% financing. You deserve at LEAST 3.99% with that credit. Good luck!

FuszNissan · 11-02-2009, 09:48 AM

There are just trying to hold gross on you in the backend. The dealer probably has a buy rate of 4.75 and are holding 2 points on you.

There is 3.99 if you are at 80% LTV. So, depending on that you could be in the mid 4's

LiuTangClan · 11-02-2009, 12:34 PM

Thanks Fusz. I figured they were trying to make money on the loan since they were giving me such a great price on the car. At this point, I took Matt's advice and searched rates at my local credit union. I just submitted an application for a loan at 4.24%. It's not 3.9% but close enough.

I felt really insulted at the dealership and wont go back there (even though they had the car w/ all the options and color I wanted). I was really trying to be as professional as possible with them. I even asked them to call the other local dealerships to confirm the 3.9% special. They wouldn't do it. I guess I'll be searching nissanusa.com again....

XwChriswX · 11-02-2009, 05:00 PM

Fusz, I'm no math genius so I wouldn't know where to begin with all that, can you break it down in lamens terms how to figure out if I'd fit into that bracket?

Thanks.

FuszNissan · 11-02-2009, 05:19 PM

NMAC bases retail advances on MSRP. So if you are 80%(Loan) below MSRP and a 750+ becon Score you will qualifiy for the Specail 3.99% rate up to 63 months.

Hope that helps.

XwChriswX · 11-02-2009, 05:29 PM

Quote:

Originally Posted by FuszNissan

NMAC bases retail advances on MSRP. So if you are 80%(Loan) below MSRP and a 750+ becon Score you will qualifiy for the Specail 3.99% rate up to 63 months.

Hope that helps.

So if I understand you correctly, as long as my credit score is 750+, and I can front 20% of the OTD cost as down payment, I qualify?

LiuTangClan · 11-02-2009, 05:30 PM

So I have some great news! I went to another local dealership here in San Jose. Although they didn't have the car I was looking for (Base Silver w/ 6MT & Sport), they were able to do a dealer-find while still matching the earlier deal from the previous dealership. Not only did I get the same great price, I was able to get better than 3.9% financing because I bought the maintenance package (he was able to get me 3.49% financing).

They're in the process of driving the car back and detailing the Z. It should be ready in a few hours!! I can't wait!! Is there anything I should be looking for during the inspection (outside of the normal stuff like chips & dents)?

XwChriswX · 11-02-2009, 05:34 PM

Quote:

Originally Posted by LiuTangClan

So I have some great news! I went to another local dealership here in San Jose. Although they didn't have the car I was looking for (Base Silver w/ 6MT & Sport), they were able to do a dealer-find while still matching the earlier deal from the previous dealership. Not only did I get the same great price, I was able to get better than 3.9% financing because I bought the maintenance package (he was able to get me 3.49% financing).

They're in the process of driving the car back and detailing the Z. It should be ready in a few hours!! I can't wait!! Is there anything I should be looking for during the inspection (outside of the normal stuff like chips & dents)?

Make sure it actually has a spare in it... Wouldn't say it if I didn't buy a car one time without it having a spare...

LiuTangClan · 11-02-2009, 06:24 PM

Thanks for the heads up Chris! I wouldn't have thought of looking for that!

FuszNissan · 11-02-2009, 11:22 PM

Quote:

Originally Posted by LiuTangClan

So I have some great news! I went to another local dealership here in San Jose. Although they didn't have the car I was looking for (Base Silver w/ 6MT & Sport), they were able to do a dealer-find while still matching the earlier deal from the previous dealership. Not only did I get the same great price, I was able to get better than 3.9% financing because I bought the maintenance package (he was able to get me 3.49% financing).

They're in the process of driving the car back and detailing the Z. It should be ready in a few hours!! I can't wait!! Is there anything I should be looking for during the inspection (outside of the normal stuff like chips & dents)?

Great Job!

10-30-2009, 11:09 AM	#1 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	Nmac 3.99% NMAC has an equity program that will run Oct. 30th- Nov. 30th If you are a Tier 0-1 at 80% LTV you can get 3.99% for up to 63 months. Just a heads up. __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012 Last edited by FuszNissan; 10-30-2009 at 01:00 PM.

10-30-2009, 12:59 PM	#4 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	Opps...thanks. Nov. 30th __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

11-02-2009, 09:48 AM	#7 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	There are just trying to hold gross on you in the backend. The dealer probably has a buy rate of 4.75 and are holding 2 points on you. There is 3.99 if you are at 80% LTV. So, depending on that you could be in the mid 4's __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

11-02-2009, 05:00 PM	#9 (permalink)
XwChriswX WFLYIDNNE Join Date: Jul 2009 Location: In The Fastlane Posts: 50,648 Drives: 02 GDB WRX Rep Power: 452	Fusz, I'm no math genius so I wouldn't know where to begin with all that, can you break it down in lamens terms how to figure out if I'd fit into that bracket? Thanks. __________________ Bonnie - Stage 2, Audio build coming this fall! R.I.P. Abby 3/29/10 - 3/30/14

11-02-2009, 05:19 PM	#10 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	NMAC bases retail advances on MSRP. So if you are 80%(Loan) below MSRP and a 750+ becon Score you will qualifiy for the Specail 3.99% rate up to 63 months. Hope that helps. __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

10-30-2009, 12:03 PM	#2 (permalink)
Matt A True Z Fanatic Join Date: Oct 2009 Location: Augusta, GA Age: 42 Posts: 1,680 Drives: 2010 Avalanche LT Rep Power: 19	Good looking out, Lou!

10-30-2009, 12:56 PM	#3 (permalink)
JungleB Base Member Join Date: Jun 2009 Location: PA Posts: 76 Drives: 96 VW Passat GLX Rep Power: 16	Through October 30th? That's today and a short lived incentive!

11-01-2009, 12:16 PM	#5 (permalink)
LiuTangClan Base Member Join Date: Jun 2009 Location: Bay Area, CA Posts: 21 Drives: 09 Base BS 6MT Sport Rep Power: 16	I went to a local dealership here in the Bay Area. We were all squared away with the price and as I sat down w/ the Finance person, they quoted me 6.75% on my loan! My wife and I have great credit (780, 806 respectively) and they wouldn't give us the 3.9%. According to their Finance and Sales Manager, that special from NMAC wasn't in their systems. I told them about this forum post as well as another dealership offering the same 3.9% in the local newspaper but they still wouldn't do anything. He said that it was all "ploys" to get people into their dealerships. I highly doubt that... Unfortunately, I had to walk away. Man it was hard to walk away from that car. Looks gorgeous in person! Pics don't do it justice!

11-02-2009, 12:34 PM	#8 (permalink)
LiuTangClan Base Member Join Date: Jun 2009 Location: Bay Area, CA Posts: 21 Drives: 09 Base BS 6MT Sport Rep Power: 16	Thanks Fusz. I figured they were trying to make money on the loan since they were giving me such a great price on the car. At this point, I took Matt's advice and searched rates at my local credit union. I just submitted an application for a loan at 4.24%. It's not 3.9% but close enough. I felt really insulted at the dealership and wont go back there (even though they had the car w/ all the options and color I wanted). I was really trying to be as professional as possible with them. I even asked them to call the other local dealerships to confirm the 3.9% special. They wouldn't do it. I guess I'll be searching nissanusa.com again....

11-02-2009, 05:30 PM	#12 (permalink)
LiuTangClan Base Member Join Date: Jun 2009 Location: Bay Area, CA Posts: 21 Drives: 09 Base BS 6MT Sport Rep Power: 16	So I have some great news! I went to another local dealership here in San Jose. Although they didn't have the car I was looking for (Base Silver w/ 6MT & Sport), they were able to do a dealer-find while still matching the earlier deal from the previous dealership. Not only did I get the same great price, I was able to get better than 3.9% financing because I bought the maintenance package (he was able to get me 3.49% financing). They're in the process of driving the car back and detailing the Z. It should be ready in a few hours!! I can't wait!! Is there anything I should be looking for during the inspection (outside of the normal stuff like chips & dents)?

11-02-2009, 06:24 PM	#14 (permalink)
LiuTangClan Base Member Join Date: Jun 2009 Location: Bay Area, CA Posts: 21 Drives: 09 Base BS 6MT Sport Rep Power: 16	Thanks for the heads up Chris! I wouldn't have thought of looking for that!

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