- Nissan on Wednesday said it will offer employee pricing and discounted financing on Nissan and Infiniti vehicles to Hurricane Sandy victims who lost vehicles to flooding.
- The automaker said the special deals are available to eligible individuals in federally designated disaster and emergency areas.
- The offer is good through January 2.
FRANKLIN, Tennessee — Nissan on Wednesday said it will offer employee pricing and discounted financing on Nissan and Infiniti vehicles to Hurricane Sandy victims who lost vehicles to flooding.
"Nissan is a major player in the Northeast region with more than 225 dealers in the affected area and is eager to lend a hand to neighbors who have been left without a means of personal transportation," said Brian Carolin, Nissan North America senior vice president of sales and marketing, in a statement.
The automaker said the special deals are available to eligible individuals in federally designated disaster and emergency areas. Nissan will post more detailed information about the deals via a "disaster relief" link at InsideNissan.com starting Friday.
"Any additional incentives on vehicles are stackable on top of the Nissan employee discounts," Nissan said.
Nissan's finance arm, Nissan Motor Acceptance, will let eligible customers defer payments up to three months. It is also allowing payment extensions for up to three months for existing customers in the hard-hit areas.
The offer is good through January 2.
The superstorm took a heavy toll on cars and trucks throughout the eastern U.S. Many of the vehicles were swamped in floodwaters or destroyed by downed trees. No estimates have been made on the number of vehicles that were damaged, but numerous media reports showed submerged cars in New York and New Jersey.
Edmunds is warning used-car shoppers, including those not on the East Coast — to be on the lookout for flood-damaged vehicles that often hit the market after a major hurricane.
"Once owners of damaged cars settle up with their insurance companies, vehicles are sometimes refurbished and resold, usually to an unsuspecting buyer in a state unaffected by the disaster," said Ron Montoya, Edmunds.com consumer advice editor. "Electrical and mechanical problems can then surface long after the seller is gone, leaving the new owner with an unreliable car and no recourse against the seller."
Used-car buyers should obtain a vehicle history report from a company like Carfax or Experian's AutoCheck.
Other automakers are responding to the crisis.
General Motors said it is donating 50 Chevrolet Express cargo vans, Traverses and Tahoes to the American Red Cross for use in relief and recovery efforts following Hurricane Sandy. Ford employees and the Ford Motor Company Fund are contributing $50,000 to the American Red Cross and its local chapters for areas hit by Hurricane Sandy.
Edmunds says: Expect others to follow Nissan's lead.