I’ve recently seen fairly aggressive EV deals in NJ. I was hoping to sell my Frontier and get into an EV; preferably a Tesla. However, it’s been very difficult to get a reasonable appraisal on the truck. Nissan dealers aren’t willing to purchase it back and 3rd party car buying services aren’t offering nearly enough to payoff the truck and walk away.
Original deal: 2023 Nissan Frontier S Crew $37k MSRP $265/month w/ $1250 DAS
Current payoff: $37k
I don’t think I can hold off till April (maturity) to try and get into an EV since the NJ EV funds tend to run out around late March.
What are my options? I would appreciate any suggestions. Thanks!
max_g
July 18, 2023, 2:01pm
2
You can place an order, for example with Tesla, and lock in your rebate.
find out your nmac early term penalty. sometimes it’s dispo.
And I can take delivery in late March?
Thanks! Do you know if this will have any impact my credit?
max_g
July 18, 2023, 2:04pm
6
You’d have to time your order based on delivery estimates for the particular model/trim. If it’s, say, 4 months then you’d want to order in December
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Got it. Thank you! I think this is probably a good way to go about it
no, you call NMAC and ask “how much is my early term option?”
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forbs
July 18, 2023, 2:21pm
9
Isn’t this one of those 99% RV leases? If so, walk away. No one will buy it for 99% RV
I spoke with Nissan. I have to wait another 3 months for early termination, but it’s a percentage of remaining payments + disposition fee
Thanks everyone for the suggestions. It was very helpful!
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system
Closed
September 16, 2023, 2:49pm
11
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