First Time Buyers Program

 


This program is a payment plan designed for our prospective clients with limited or no credit so that they cannot only drive away in a new Nissan, but also build a credit history with it.

Eligibility
  • Applicant has no previous automotive finance or lease credit history on his/her bureau
  • Have a minimum of $500 down payment if financing
  • Provide first payment if leasing
  • Minimum full time employment equal to or above 3 months
  • Proof of Income (POI) required
  • No prior derogatory credit
  • Total Debt Service Ratio (TDSR) equal to or less than 35%

Eligible Vehicles
  • Versa Sedan
  • Versa Note
  • Sentra
  • Juke
  • Rogue
  • Altima Sedan
  • Altima Coupe

Terms & Conditions
  • Maximum finance term of 72 months
  • Maximum lease term of 60 months- no security deposit required
  • Maximum advance on lease and loan: 100% MSRP (can only include Nissan Added Security Plan [ASP], NCESI products, lien registration, licensing, freight & PDE and applicable taxes)
  • Maximum amount financed cannot exceed $30,000 (including Nissan Added Security Plan [ASP], NCESI products, lien registration, licensing, freight & PDE and applicable taxes)
  • Non-Nissan products cannot be added to a "First Time Buyer Program" finance or lease contract

If you can meet the requirements listed above, you will likely qualify for financing under Nissan's First Time Buyer program. You can establish your good name with the credit reporting services under our program. By making your payments on time, you will make it much easier to obtain financing for all manner of purchases in the future. By the time you successfully take full ownership of your Nissan, you will have earned a good credit history.




Questions

Contact

McDonald Nissan

3608 - 4th Avenue South
Directions Lethbridge, AB T1J 4Z5

  • Finance: (403) 328-9651

Hours

  • Monday 8am - 6pm
  • Tuesday 8am - 6pm
  • Wednesday 8am - 6pm
  • Thursday 8am - 6pm
  • Friday 8am - 6pm
  • Saturday 9am - 5pm
  • Sunday Closed