Hi all -
Curious your thoughts on how I did here:
2024 Nissan Ariya Engage AWD (not the + longer range model)
MSRP: 46,150
Selling Price: 39,982.42 (~13% off MSRP)
Incentives: $8,500 (7,500 EV incentive + 1,000 loyalty)
Acq Fee: $695
Dealer Fee: $799
DMV Fee: $150 (plate/reg transfer)
NYS/NYC Taxes: 8.875%
Monthly: $275/mo 18/mos (10k allowance) including taxes
Due At Signing: $0 (a true sign and drive)
Link to calculator below (I’m off by $2 for some reason):
Was there a option for 1 pay?
I didnt even explore one-pay options given the low dollar monthly. Preferred to keep my cash available rather than save ~$30/month. But, sure, that would have made it a bit of a cheaper route if they offered one-pay, but I chose not to go that route.
Yea i get it, is this a one time thing. Does your dealer have more of these? Im in long island
FYI- NY does not tax the monthly payment streams. They tax the sum of the contractual lease payments…
Are you absolutely sure that this is a true sign and drive where the fund provider waives the 1st payment? It looks like the dealer either capped the 1st payment or, most likely, added it to the sell price.
Given the info you provided, I’m calculating a true sign and drive payment of 259.05. I’ll spare you the details. NY tax calculations are complex. However, if you’re interested, let me know.
Good call on NY tax. I’m not sure how the dealer worked it out but in the end I walked out with the car with no money out of pocket and my monthly payment is $275.
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