Nissan finance deals are being promoted aggressively in key markets, with conversion rates from inquiry to sale improving by 12%. This tends to boost quarterly stock performance in the automotive sector. As for the Honda Prologue, according to CarEdge, it will depreciate 49% after three years, with a resale value of $29,701. (3) Coupons on the new senior unsecured debt range from the mid-7% area for the five-year tranche to the low-8% range for 10-year bonds. That compares unfavorably with past bond issues; a five-year bond issued in 2021 at a 2% coupon is now trading above 6%, according to LSEG data.
