NISSSAN FINANCE post-wide
Nissan Finance is the division of Nissan that offers help to customers looking to finance the sale or leasing of a new or used Nissan car, truck or van. Some of the most common questions include :
The attraction of obtaining dealership finance for many people is that it makes the process of buying or leasing a car simpler and easier because they are obtaining the finance for paying for it at the same time. Some people mistakenly think that in some way applying for finance from the dealership makes either the finance or the sale price of the car either simpler and cheaper.
In practice it doesn’t. If anything it can make it slightly more completed, as it blurs the lines between the two processes.
Nissan Finance – Sales
Nissan, and any Nissan dealership, want a potential customer base to really like the vehicle they have bought, and to have the financial means to pay for it without getting into any difficulties. To that end, it is important to realise that buying or leasing any Nissan vehicle is a fairly hefty financial investment and should be done after careful and thorough research. This research should apply both to the car or vehicle itself, and to the various means of financing it. The main decisions to make when deciding what type of car or vehicle to buy normally relate either to the type of vehicle itself, or to the price.
Nissan Finance – Loans
People either tend to decide that they want a particular model and then decide whether or not they can afford a new one when they need to buy second-hand or used, or they decide how much they can afford to spend and then look around to see what type of car fits their price bracket. Whichever way an individual decides to approach the process, it is important to go through a careful process and work out how much they can afford to repay for the loan or lease agreement.
Some people like to account what a loan is going to cost them on a monthly basis and then budget around that figure, whilst other people prefer to work out the overall cost of the loan over the loan agreement period, including interest, and approaching their finances and this angle. Nissan Finance is a term that can apply to either leasing the vehicle, or buying it outright either new or used.
Nissan Finance – Leasing
The option of leasing a Nissan vehicle has become a much more attractive one for a number of people over recent years. This in part is because Nissan, like other manufacturers, have started to push this as a sales option, aimed at people who would like to essentially own a new car but are unable to afford it. When someone releases a Nissan car or truck they are essentially renting it for a fixed period of time, like a hire car but with a number of important differences.
The individual effectively gets to own the car for a period of months/years with fairly strict conditions as to modifications they can make to the car, and financial penalties for excessive wear and tear or exceeding an agreed mileage allowance. The application process in terms of applying for Nissan Finance when leasing a vehicle is pretty much the same as when applying for credit generally. The main difference in terms of costs comes with what are known as lease end costs, which are the costs that can occur and be charged to the individual when the lease period expires and the car has to be returned.
Nissan Finance – Lease End Costs
When someone takes out a lease with Nissan, it will be for a fixed period of years, with the lease agreement specifying certain things such as the size of the down payment, the size of the monthly repayments and certain conditions regarding mileage and wear and tear. At the end of the lease period, or a few weeks beforehand, the vehicle will be independently inspected and a report produced as to its condition.
If there is excessive wear and tear or damage to the exterior interior that needs to be repaired, then this will be costed. The customer will then have the option of either paying for this when the lease expires, or having the work done themselves and returning the car with that work having been completed. The lease agreement will sometimes have a clause allowing the individual the option of purchasing the car from Nissan. If this clause is enabled, then the final sale price will take into account the costs of the work that needs doing.
Nissan Finance – Vehicle Protection
One of the attractions for many people off buying or leasing a new Nissan car or truck is the belief that with it comes a level of reliability that should mean there are no mechanical or structural problems with the vehicle. Of course there can occasionally be problems, but generally speaking this is true. In addition to the reliability of a new car or truck there will also be a long-term warranty that should give peace of mind concerning any potential problems they may be. If someone is buying a second-hand or used Nissan, then it is equally important to make sure that the warranty gives a high degree of peace of mind in the event of any mechanical breakdown, regarding costs of parts and labour. This needs to apply to all of the car including tires and wheels.
Nissan Finance – Loyalty Offers
Loyalty offers are in effect discounts which are aimed either at one off customers or recurring customers, or at certain groups of society such as those currently serve or have previously served in the military, students or college graduates, people with mobility problems and one or two other groups. Loyalty offers can also include special discounts either for certain other groups of people, or unspecified models at certain times of the year.
If someone has time on their side and can either wait, or has time to shop around, then there can be significant price differentials on a number of different models throughout the year. Research can easily show which models gives and what times of year best to buy them. It is also worth differentiating between loyalty offers that Nissan offer as a company, which should be available at all Nissan dealers, and offers that are made by individual dealerships as a way of attracting customers. Sometimes they will both overlap, but it is worth being clear as to which is which.
Nissan Finance and Insurance
Depending on whether you buy or lease a Nissan vehicle, there will be different insurance requirements imposed by the lender, in addition to whatever legal requirements there may be. A Nissan dealership may have arrangements from time to time with certain insurance companies who may offer preferential rates to Nissan owners.
Gap insurance is different from normal auto insurance and is intended to cover the difference between the final sale price of the vehicle, and its insurance value if it is written off or badly damaged in any way. In such an event its insurance value will be based on its current market value as determined by the insurance company, which is likely to be significantly less than the final sale price.
Nissan Owners Portal
This is a great facility Nissan offer online , where once you have registered your vehicle, you can access a wide range of information and facilities. You have access to an online Nissan e-store, which gives detailed information on genuine Nissan accessories and parts, and also provides a number of manuals and guides for vehicles as well Videos and other useful information. There are also sections on insurance, and how to find a Nissan certified repair shop in the event of a collision damage.
Nissan Finance and Refinance
Refinancing a car loan can make a lot of sense at any time of the loan, and can often result in significant savings, given the nature and structure of most car loans, where the interest element is often the largest part of the finance deal.
Nissan Vehicles – Reviews TBA
Nissan Versa Sedan
Nissan Versa Note
Nissan 370 Z Coupe
Nissan 370 Z Roadster
Nissan GT – R
Nissan Rogue Sport
Nissan Titan XD
Nissan NV Passenger