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Q: What type of financing is available?

A:  Most New Nissans and pre-owned vehicles with fewer than 50,000 miles will qualify for financing up to 72 months.  Leasing is available on all new Nissans from 24 months to 60 months depending on your needs.  Grand Strand Nissan offers financing through several different lenders.  This allows our customers to choose from the best financing packages available.

NMAC (Nissan Motor Acceptance Corporation) is offering the following rate specials.  Click here

These special rates are available in lieu of any Nissan rebates.

Q: How are trade-in values determined?

A: All trade-ins are evaluated by an actual cash value (ACV).  When the staff at Grand Strand Nissan evaluates a trade the goal is to put a value on the vehicle that it will sell for at auction less any fees associated with the sale (transportation and fees).  Trading a vehicle and loosing money when selling it is not a good business decision.  On the flip side appraising vehicles below market value will lead to lost sales for the dealership due to competition in the market.  The goal at Grand Strand Nissan is to break even on the whole sale of trade-ins.  This allows us to make every transaction that makes sense and offer fair values to our customers. 

Late model trade-ins (1-3 years old) with low miles may be appraised higher than market value based on resale demand on the lot, condition and reconditioning needs.

All trades are adjusted based on mechanical condition, paint and body condition and interior appearance.  We use online databases of current vehicle sales history as well as vehicle value guides to determine current actual cash value.

Q: Should I buy or Lease?

A: Leasing allows you to purchase a new vehicle for the same or lower payment for a short term rather than financing for 72 months.  This is a good way to get into a more expensive vehicle with minimum cash outlay and lower payments.  The risks of having negative equity and costly repairs are eliminated. 

If you meet the following criteria you should strongly consider the benefits of leasing your next automobile.

·        You like to purchase a new vehicle every 3 to 5 years.

·        You normally drive 15,000 miles per year or less. (The average driver drives 15,000 miles per year).

Traditional Financing is probably your best bet if the following apply:

·        You normally drive 18,000 miles per year or more.

·        You like to trade vehicles every year or two.

Q: Should I consider purchasing an extended service contract on my vehicle?

A: Yes. The average driver will run out of the Basic 3-year/36,000 mile coverage in 27 months.  With the average loan term of 64 months that leaves over 3-years of ownership with no warranty coverage.  For a small amount each month the Nissan Basic Warranty can be extended out to 100,000 miles eliminating the added expense of costly repairs down the road.  The Nissan Service contract can be cancelled if the vehicle is sold and the unused portion is refunded.  This is an inexpensive way to guard against unexpected repair bills.

Nissan Security Plus offers an extended service contract, with a 12-month 0% interest offer, to all current Nissan owners still under the Nissan Basic Warranty.  For more information call Brian or Terry at Grand Strand Nissan.