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2003 Maxima's avg selling price is $2,000 under invoice

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JM

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Sep 25, 2003, 12:29:04 PM9/25/03
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Edmunds.com is showing the average selling price of a 2003 Maxima SE
as $2,000 under the dealer invoice price, even without a rebate or
dealer incentive payment.

MSRP=25,649

Invoice Price=23,453

True Market Value=21,436 + the delivery fee. Basically, $22,000.00

(Unlike NADA and other sources, Edmunds' price is the actual sales
price in the marketplace, not a suggested sales figure that is biased
toward the dealer.)

On the one hand, this looks interesting. On the other, it shows that
Nissan has screwed the pooch. Expect the 2003-2004 Maxima to be the
entire 5th generation!! That'll shoot resale value all to hell.

Jm

Kai Ponte

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Sep 25, 2003, 2:31:12 PM9/25/03
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"JM" <jma...@attglobal.net> wrote in message
news:de3b9c1b.03092...@posting.google.com...

> Edmunds.com is showing the average selling price of a 2003 Maxima SE
> as $2,000 under the dealer invoice price, even without a rebate or
> dealer incentive payment.
>
> MSRP=25,649
>
> Invoice Price=23,453
>
> True Market Value=21,436 + the delivery fee. Basically, $22,000.00


Where are you? In my reigion (CA) all trim levels of the '03 are selling for
$500 - $1000 over invoice.

> On the one hand, this looks interesting. On the other, it shows that
> Nissan has screwed the pooch. Expect the 2003-2004 Maxima to be the
> entire 5th generation!! That'll shoot resale value all to hell.

Isn't the '04 a 6th gen?


zzzzz

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Sep 25, 2003, 4:06:43 PM9/25/03
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Maxima depreciation is not too bad.

Compare a basic 02 Max SE to an 02 Acura TL... at around 30k miles,
each 1k miles subtracts $225 from the value of the Max and $300 for
the Acrua.

Horror stories of depreciation on the Max are overblown.

JM

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Sep 25, 2003, 6:03:24 PM9/25/03
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Yes, 6th gen. Should have taken off my socks to count properly.

Anyhow, here's the link to Edmunds for this:

http://www.edmunds.com/products/tmv/deal.html

JM

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