This could end up being more costly than you though. Does your current loan have a prepayment penalties?
Is Nissan going to look for not only a payoff of the loan, but also a percentage of the remaning interest since the loan is so new?
This could end up being more costly than you though. Does your current loan have a prepayment penalties?Hi All!
Quick question I'm hoping someone might have an answer to. I bought my 2013 Versa the other day and did the Nissan Financing to get the $500 rebate. I want to use my credit union as it has a much lower rate, and the salesman told me to make 4 payments to NMAC and then to refinance it. I just want to check to see if I need to make the 4 or if I can refinance it sooner. My refinance approval is valid for 1 month and I can drop my rate from 4.99 to 1.74. Does anyone know how long I really have to keep NMAC to keep my rebate? I also don't want to screw over the dealership as they gave me a heck of a deal.
Thanks!
-Justin
Good question. I just looked at the finance paperwork from Nissan and it says there is no prepayment penalty. I wonder how this all works. I just don't want to loose that $500 rebate lol any other ideas?This could end up being more costly than you though. Does your current loan have a prepayment penalties?
Is Nissan going to look for not only a payoff of the loan, but also a percentage of the remaning interest since the loan is so new?