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391 Posts
I'll start from the beginning...
I purchased my 2005 LE new in August of 2005 for about $39k OTD. It has been in the shop over 20 times for numerous problems (as of today it has 31,XXX miles).
I contacted Nissan Consumer Affairs about 20 days ago and they have since reviewed all of my service records and today actually offered me $4500 cash
plus I keep the Armada. I told them NO, I would rather Nissan just purchase it back, as $4500 would not be enough for me to settle. With the problems I have experienced and if I planned on keeping it, it would cost me a ton just to maintain once my warranty expires. I asked if Nissan could buy it back or replace with '07 model. The rep stated they don't usually do that but he will contact their "Arbitration Commitee" and let them know I turned down the $4500. He stated most likely they will either counter offer a higher amount or agree to purchase the Armada back from me minus a "usage charge."
The way they calculate "usage charge" here in CA is they take your current mileage and divide by 120,000 and then multiply by the "purchase price" which would mean an estimated $32k to me.
I am hoping they counter offer with at least $8k so I can just go out myself and trade the Armada in and put the $8k down. I will definetely buy another Armada...either an '07 which Nissan is offering a $4k rebate or an '08 which has $2k rebate. Either way I will be happy just to start fresh with a new Armada. I will keep everyone posted.
Thanks.
I purchased my 2005 LE new in August of 2005 for about $39k OTD. It has been in the shop over 20 times for numerous problems (as of today it has 31,XXX miles).
I contacted Nissan Consumer Affairs about 20 days ago and they have since reviewed all of my service records and today actually offered me $4500 cash
plus I keep the Armada. I told them NO, I would rather Nissan just purchase it back, as $4500 would not be enough for me to settle. With the problems I have experienced and if I planned on keeping it, it would cost me a ton just to maintain once my warranty expires. I asked if Nissan could buy it back or replace with '07 model. The rep stated they don't usually do that but he will contact their "Arbitration Commitee" and let them know I turned down the $4500. He stated most likely they will either counter offer a higher amount or agree to purchase the Armada back from me minus a "usage charge."
The way they calculate "usage charge" here in CA is they take your current mileage and divide by 120,000 and then multiply by the "purchase price" which would mean an estimated $32k to me.
I am hoping they counter offer with at least $8k so I can just go out myself and trade the Armada in and put the $8k down. I will definetely buy another Armada...either an '07 which Nissan is offering a $4k rebate or an '08 which has $2k rebate. Either way I will be happy just to start fresh with a new Armada. I will keep everyone posted.
Thanks.