With billions in losses and plant closures making headlines, Nissan is in a tough spot. We're breaking down the risks, the potential for great deals, and what you need to know before stepping into a dealership.
Carvia InsightCarvia InsightNissan has lost billions and is shutting down plants globally. This financial pressure stems from years of declining quality perception, particularly due to their widespread use of unreliable CVT transmissions, which has damaged buyer trust.
Carvia InsightNissan is producing far more cars than it's selling, leading to lots overflowing with unsold inventory. For a buyer, this is a huge green light for negotiation. Dealers are under immense pressure to move metal, giving you significant leverage to push for a lower price.
Carvia InsightThe company is struggling to develop new, desirable vehicles quickly. This means current models may feel dated compared to competitors, and it could be years before a truly fresh lineup arrives. This is a risk if you prioritize having the latest tech and design.
Carvia InsightDespite the corporate turmoil, the Nissan brand isn't disappearing tomorrow. This period of 'desperation' creates a prime opportunity for savvy buyers to get a great deal on a new or used vehicle. Parts and service will remain available, so the immediate ownership risk is low.
Carvia InsightUse Nissan's oversupply as your biggest negotiation tool. With lots full, dealers are motivated to make deals.
Be wary of older models with CVT transmissions. Their reputation for failure is a key reason for Nissan's current struggles.
The brand will survive, likely through acquisition or partnership, so don't worry about parts and warranty support disappearing overnight.
Carvia InsightCarvia.ai is an independent entity and is not affiliated with the video creator. The analysis and insights provided are generated by our editorial engine to help consumers make informed decisions.
Expect heavy incentives and rebates, but don't let them distract you from the out-the-door price. Focus on negotiating the vehicle's selling price first.
A pre-purchase inspection is non-negotiable, especially on used models. Have a trusted mechanic specifically check the transmission's health.