If you’re looking for a good deal on a new family vehicle, the 2024 Nissan Armada is waiting for you on dealer lots. Like, right now, you could walk into a dealer and drive one home. Plus, you’ll probably get up to 15% off.
According to an Automotive News article, Nissan is letting its dealers advertise vehicle prices below invoice. Why? Because dealers currently have more than three months’ supply sitting on lots.
What’s the deal?
With a glut of supply, Nissan told dealers it could market nearly the entire 2024 model year lineup oat 10% below invoice beginning May 1. This is via memo obtained by Automotive News. The 2024 Nissan Armada, which is a little long in the tooth, could be advertised at up to 15% below invoice.
This forces dealers to eat the cost, rather than incentives, which would move the responsibility back to the factory, and therefore Nissan itself.
While some dealers are unhappy with the move, others are embracing the ability to simply move vehicles and get more traffic into the dealerships. The likely tactic will be to discount slow sellers like the Armada but keep at- or above-invoice pricing for better sellers like the Frontier or Pathfinder.
So, if you don’t want to do the math, this means you could get a base Armada SV for as low as $48,042 or go all in on a top-tier Platinum 4X4 for $60,851. That’s more than a $10k discount on the most expensive model.
About the 2024 Nissan Armada
The Nissan Armada was last redesigned in 2017, but it got a refresh in 2021. That being said, this three-row SUV is old and due for a new generation. It’s near-luxury sibling, the Infiniti QX80 is getting redesigned for 2025, and we expect Armada will be as well. Especially since there’s nothing really new about the 2024 model.
Upgrades it received with the last refresh include a 12.3-inch infotainment screen and wireless Apple CarPlay (but wired-in Android Auto) as well as USB-C and USB-A ports. The 2024 Armada also offers standard blind spot monitoring and lane-keep assist as well as available 360-degree cameras and automatic reverse braking.
The big thing that might attract people to this large and lumbering SUV: 2024 will likely be the last year that gets a V-8 engine. Equipped with a 5.6-liter V-8, the 2024 Nissan Armada delivers 400 horsepower and 413 pound-feet of torque. It has a max tow rating of 8,500 pounds. If QX80 is anything to go by, the likely engine replacement will be a twin-turbo V-6.
The bottom line
If you are looking for a good deal from Nissan, now is the time. We’ve recently covered the 2024 Nissan Rogue, which is an excellent vehicle and will also likely receive some discounts. We aren’t sure what accounts for this large oversupply of vehicles, but it’s to your benefit. Take advantage.
