Nissan Hoping to Sell Auto Loan Bonds

Nissan’s attempt to sell a whopping $500 million in auto loan bonds is the first sale of bonds since U.S. Treasury Secretary Henry Paulson moved off of his focus of the auto industry rescue package. Nissan is taking matters into their own hands, it seems, and will hope to raise $500 million with the sale of the bonds in order to assist in their own personal bailout process.

Bloomberg is reporting contact with an official at Nissan that has some “insider information.” According to this individual, “a top-rated debt portion of the Nissan issue will mature in July 2012 and is expected to yield 400 basis points more than benchmark interest rates.” For the record, a basis point is 0.01 percentage point.

Top officials at Nissan are banking on the sale and many believe that this indicates the Paulson’s unlocking of consumer-related credit markets may be working. If this frees up more capital for consumers and dealerships, the end of the economic struggles may be drawing near. Companies like Nissan may try similar procedures in hopes of freeing up some of their own cash and avoiding government/taxpayer bailouts and bankruptcy proceedings.

How this will impact local area Nissan dealerships remains to be seen, but Nissan 2008 models are still moving relatively well and the company continues to do well in most markets.

The 2008 Nissan Altima Hybrid

The hybrid Nissan Altima continues to gain popularity among buyers. Due in part to rising gas prices, hybrids overall have increased greatly in popularity over the last few years. The Nissan Altima’s features stand out among the pack, and offer buyers a high degree of quality, style, and luxury that they just can’t find among many of the other hybrids.

Underneath the hood of the Nissan Altima Hybrid is a 4-cylinder 2.5 liter DOHC engine. The engine is paired with a CVT (continuously variable transmission). The 158-horsepower gas engine and the 40-horsepower electric motor work together well, and the change from electric to gas is almost unnoticeable. The Altima hybrid is able to reach speeds similar to other cars in its class, making it an especially high-performing hybrid vehicle.

The Altima hybrid utilized the same kind of regenerative braking system that you can find in Toyota hybrids. This system utilizes the breaking procedure to channel energy into the batteries, meaning that the batteries never have to be charged manually.

The Nissan Altima gets amazing gas mileage. The EPA estimates put the city driving numbers at 42 miles per gallon, while the Altima hybrid will get about 36 miles per gallon when on the highway.
In addition to using less gas, the Altima hybrid is extremely environmentally friendly. The Altima hybrid achieved the AT-PZEB classification, which stands for “Advanced Technology Partial Zero Emissions Vehicle. What this means is that the Altima hybrid releases many fewer evaporative emissions, making it a much cleaner vehicle than others on the road.

These environmental specifications mean that the Altima hybrid qualifies for the Alternative Motor Vehicle Credit, which helps make it a very attractive option from a cost perspective.

The Altima hybrid has plenty of safety features, as well. Driver, passenger seat, and side headrest airbags are standard on the Altima Hybrid.

If you’re looking for an economical car with plenty of room and style, look no further than the Altima hybrid.

Looking at the 2008 Nissan Rogue

The 2008 Nissan Rogue has taken the place of the Nissan X-Trail in Canada (the X-Trail was never sold in the United States), but the common factors between the two vehicles doesn’t provide that long of a list. Instead, the Rogue is a model that can play hardball with just about any and all semi-SUV crossover types across the market lines.

The 2008 Nissan Rogue comes in two basic trimlines: the S and the SL. Both models use a 170 horsepower 2.5-litre four cylinder engine worth plenty of power. Both trimline types are available in front-wheel drive, with the SL coming in all-wheel drive configuration as well.

According to reviews, the engine is powerful for the vehicle type and the shifting is smooth and easy, with very little interference between gears. It is a smooth ride all around, with plenty to enjoy during normal driving speeds. There are two basic transmission modes, too: the Sport mode, which keeps the gear selected in hold position until the driver makes the next move, and the Drive mode, which allows the driver to shift gears using the paddles.

The 2008 Nissan Rogue is, by all accounts, an attractive and compelling model from the car company. Nissan cars are often considered to be very reliable and it looks as though the new Rogue is no exception. For more information and the best indication as to if the Rogue will work for you, drop on by your 2008 Nissan dealer today for a test drive.