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Nissan finance deals the uptick in Nissan finance deals this
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The uptick in Nissan finance deals this season coincides with yen depreciation, making vehicles more attractive to overseas buyers. This currency-driven demand may bolster Nissan Motor’s equity performance by late 2024, according to consensus targets. But those restrictions didn’t apply to vehicles owned by commercial entities, creating a clever loophole for leases. Leasing companies could claim the credit and pass it on to lessees, bringing down the initial cost and monthly payment. Thus, you'd think that most, if not all, EV purchases would be leased, right? Nissan also plans to raise another $4 billion through senior unsecured U.S. dollar- and euro-denominated bonds, according to a company filing. The fresh capital will be used to refinance debt and invest in electrification and software-defined vehicles, the company said. Recent auto loan default data remain stable, indicating Nissan finance deals are not increasing credit risk significantly. Low delinquency rates are favorable for sustainable stock growth.