Nissan slashing prices on 7 new cars
Discounts range from 2.7 to 10.7 percent off current sticker prices.
The price cuts range from 2.7 percent ($580) for its bestselling Altima sedan to 10.7 percent ($4,400) for the beefy Armada SUV, according to a report from The Associated Press. Nissan spokesman Steve Oldham told MSN Autos that slightly higher prices may have blocked its cars from appearing on comparison lists on major shopping sites.
Nissan is also reducing prices on the Sentra, Maxima, Murano, Rogue and Juke.
"Collectively, these vehicles represent over 65 percent of Nissan’s U.S. sales volume," Nissan said in a statement provided to MSN Autos. "In conjunction with this effort, Nissan will also revise its incentive strategy to maintain similar transaction prices on these models."
The price discounts are as follows (two models have varying discounts depending on the trim; for these cars, we compared the MSRPs for the lowest and highest available trims):
- Altima - 2.7 percent ($580)
- Sentra - 4.6 percent ($730)
- Murano - 4.8 to 6.1 percent ($1,460 to $2,410)
- Juke - 6.4 percent ($1,290)
- Maxima - 6.8 to 7.8 percent ($2,270 to $3,030)
- Rogue - 10.2 percent ($2,300)
- Armada - 10.7 percent ($4,400)
Car buyers won't see the cuts until Friday and will likely wait a lot longer; models on dealer lots will keep their prices until Nissan decides to make "allowances," the AP said. The new prices will be applied immediately for cars on order, although some of the current model incentives and rebates may go down or disappear.
The move comes shortly after Nissan cut the base price of its all-electric Leaf by $6,400 -- an 18 percent drop over 2012 -- to spur that car's sluggish sales.
After a strong first quarter that saw new car sales gain 6.3 percent year-over-year, Nissan was one of only five automakers to post year-over-year declines. Total sales dropped 1.3 percent through March, compared with big rises at Toyota (8.7 percent) and Ford (10.4 percent). Four Asian brands, including Hyundai-Kia, Mitsubishi and Mazda, saw greater drops.
[Source: AP, Nissan]
UPDATE, 5/1 4:01 p.m. This story was updated to reflect the pricing of five additional models.
Just look at how they have treated all of their customer base regarding the radiator, transmission issue foryears 2005, and up. What this is all about is money. Nissan is taking a beating on that one. For those who don't know, they knowingly used defective parts on those year models so radiator fluid got into the transmission fluid creating a toasted transmission. Most if not all customers are screwed. Averager cost of new transmission $10,000. Don't want to believe it, look it up.
See what Nissan trhinks of its customers.
Just look up and see how Nissan is "TAKING" care of their customers with regard to the having known defective parts in their radiators, causing leaking into the transmission and totally destroying the owners car, then read about how the are dealing with it.
Talk about having repect for their customer. Average cost is 9000-10000 dollars.
Don't believe it, just do a search 2005 up
Simplify, Simplify, Simplify,
Some buyers may not like it but perhaps all of the automakers ought to simply return to some sanity regarding accessories and trim levels in their cars. The majority of new car buyers end up having to pay for a dozen or more accessories that are 'bundled' into the auto's trim package ... many of these items are not really wanted or used, but are big profit-generators for the manufacturer.
Does the average driver really need heated or cooled seats, 3 cigarette lighters, 18-speaker audio systems or DVD players sticking out of seatbacks and consoles? Add in all of the other choices like 23 color schemes, 5 engine options, 4 transmissions and 9 interior materials packages and the entire buying process borders on the rediculous...all adding to the unneccessary high expense of a new automobile.
The car makers need to reign in the absurd costs by getting back to square one and build cars that meet most of the basic needs of the motoring public...not rolling computers or interplanetary space ships.
Peace to all ~
GM, Ford and Chrysler should follow suit because cars and trucks are way over priced. A truck I would like to buy is more $$$$$ than any of the homes (3) we bought over the years...
and I never owned a Nissan, Toyota, Honda etc., etc...
Everyone has their views on cars whether bias or not. I have owned a large number of autos American brands and Foreign. Some of each were good and some bad. Nissan wise I had a pickup that turned out a piece of junk but on the other hand I had a Pathfinder that was as good as any compared to it. My ex'es Jeep had nothing over the Pathfinder.
One will find more parts that are foreign on American autos then American. If one doesn't believe it go check it out. If one was to take the parts off an American car or truck that were foreign not one American auto would be able to run. That goes not just for autos but most transportation and other items. One is buying the American name and that is about all. Buying American sounds good and I wish it was that but facts are facts. But it's up to each to decide what type and style of an auto they want.
EXPLORE NEW CARS
MORE ON MSN AUTOS
ABOUT EXHAUST NOTES
Cars are cool, and here at MSN Autos we love everything about them, but we also know they're more than simply speed and style: a car is an essential tool, a much-needed accessory to help you get through your day-to-day life. What you drive is also one of the most important investments you can make, so we'll help you navigate your way through the car buying and ownership experiences. We strive to be your daily destination for news, notes, tips and tricks from across the automotive world. So whether it's through original content from our world-class journalists or the latest buzz from the far corners of the Web, Exhaust Notes helps you make sense of your automotive world.
Have a story idea? Tip us off at email@example.com.