Motor Mouth: What Nissan's low-mile leases say about buyers

United States News News

Motor Mouth: What Nissan's low-mile leases say about buyers
United States Latest News,United States Headlines
  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Why Nissan's so keen to sell low-mile leases — via drivingdotca Nissan ownership

Now as any lessee can attest, the penalty for going over your proscribed mileage limit is pretty punitive. Legion are the owners of high-mileage leased cars panicked into parking their cars in the last few months of their about-to-expire contract. Here, too, Nissan has a solution, offering you the “flexibility” to change your lease limits mid-way through the deal.

Except that in doing so you’re forgetting the first maxim of the automobile purchase process, namely that dealers always make their money before you save yours. Or, as my all-time favourite automotive-industry meme goes, “We cheat the other guy and pass the savings along to you.”/First off, knowing automotive financing business as I do, you can bet your sweet patootie there’s a very healthy per-mile profit built into your supposedly cost-savings lease.

The bigger issue, however, is that we are becoming ever more focused on monthly payments at the expense of total cost of ownership

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheStarPhoenix /  🏆 253. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nissan Introduces New 5,000-Mile-A-Year, Pay-As-You-Go Lease Option | CarscoopsNissan Introduces New 5,000-Mile-A-Year, Pay-As-You-Go Lease Option | CarscoopsThe flexible, ultra-low-mile lease is designed for a work-from-home world in which people drive less
Read more »

2023 Mitsubishi Outlander PHEV Full Pricing And Equipment Revealed2023 Mitsubishi Outlander PHEV Full Pricing And Equipment RevealedThe new Outlander PHEV offers 38 miles of all-electric range from a 20-kWh battery; the twin-motor AWD powertrain makes 248 hp and 332 lb-ft of torque.
Read more »

Agents ‘saved lives’ with seizure of ‘lethal rainbow’ fentanyl pills in the Bronx: DEAAgents ‘saved lives’ with seizure of ‘lethal rainbow’ fentanyl pills in the Bronx: DEADrug enforcement officials say there’s a new street-marketing push to lure young users while deceiving buyers about the presence of fentanyl, which could be lethal in small doses.
Read more »

Philly Bike Ride 2022: Here are the roads you need to avoidPhilly Bike Ride 2022: Here are the roads you need to avoidDaily News | Philly Bike Ride 2022: Here are the roads you need to avoid
Read more »



Render Time: 2025-03-12 16:30:51