Question for the dealers

cmancha003

So I know that Nissan has 0% offers every now and then. My wife and I are going to try to take advantange of one of these offers. The idea is that we can get good deals on a Z and a Murano, put enough down on the Z and then roll the rest into the Murano to basicly have one car payed in full and the other with 125% LVT but 0%. Is this possible (thinking the dealer could just say thy had a big dealer addon increasing the Murano's amount while "refunding" us the amount to finish paying the Z down). It seems like it is really no skin off a dealer's back since it is Nissan fronting the money for the 0% and really is just pushing numbers around. Thanks in advance.

poorazn

This would be a nightmare for the loan underwriters. The only collateral the loan has is the vehicle. but since the loan is greater than the vehicle they are basically giving away real $$$.

Say they were to "help you out", the dealer would have alot to answer for. Instead of doing 2 cars, why not 4 cars, 3 on 133% LVT and 1 fully paid. Then you decide, f* it, I dont pay for the 3 cars on loan. You just walked away with a FREE car paid in full. If the dealer goes for it, let me know, I might be in for a GTR

cmancha003

hah i guess i put it incorrectly. This is done all the time but in a more common way. This is done when one has negative equity in a vehicle and one trades it in. The amount that one owes versus what the vehicle is worth has to be paid by someone once the car is traded in. The dealerships roll that amount into the cost of the new vehicle. The usually amount that this is allowed is around 120-125% of msrp. What i am talking about is just about the same thing but in a different manner.

cmancha003

Update. Went to a dealer and asked directly and they said as long as it was under 125% then it is doable. Just thought I would update anyone who cared.