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August 2021 edited August 2021 in Nissan
Hello,
I am currently in quite a sticky situation. My 2014 Sentra, which I still have about $1.4K left on financing, recently had its transmission quit.
At almost 150,000 miles the value of the car with a good transmission is less than what it would be to fix and am asking for some advice/what would you do?
I travel heavily for work and need a car ASAP. I have an offer for an older 03 Honda Accord with approx 126k miles on it for around $2500 (and have had great experiences with an 02 accord in the past, ran great until a tree fell on it at about 210k miles). Fixing the Nissan would be $3500 minimum (with a one year warranty).
Here’s what I see my options are (and any other ideas are greatly encouraged!)
-fix the Nissan and drive it until it’s paid off then go from there (I’d probably drive it as long as I can).
-buy the Honda and sell the Nissan for parts once it’s paid off.
-try and get a trade in and Finance something else. (At first glance the value of my Nissan seems to foreshadow a very small return for the car)
I know I’m upside down on the loan and am taking the mistakes I’ve made to heart, but appreciate any and all insight!
Thank you kindly
Options
jmonroe1 Member Posts: 7,817
Hello,
I am currently in quite a sticky situation. My 2014 Sentra, which I still have about $1.4K left on financing, recently had its transmission quit.
At almost 150,000 miles the value of the car with a good transmission is less than what it would be to fix and am asking for some advice/what would you do?
I travel heavily for work and need a car ASAP. I have an offer for an older 03 Honda Accord with approx 126k miles on it for around $2500 (and have had great experiences with an 02 accord in the past, ran great until a tree fell on it at about 210k miles). Fixing the Nissan would be $3500 minimum (with a one year warranty).
Here’s what I see my options are (and any other ideas are greatly encouraged!)
-fix the Nissan and drive it until it’s paid off then go from there (I’d probably drive it as long as I can).
-buy the Honda and sell the Nissan for parts once it’s paid off.
-try and get a trade in and Finance something else. (At first glance the value of my Nissan seems to foreshadow a very small return for the car)
I know I’m upside down on the loan and am taking the mistakes I’ve made to heart, but appreciate any and all insight!
Thank you kindly
If you truly have a solid one year warranty on a new transmission, I’d get that and keep the car until it dies from something else. Hopefully that will be a few years down the road and you’ll be better prepared by then to get another car.
There is no way I’d go back more than 10 years for a few less miles even if it is a Honda.
Good luck with however you decide to go.
jmonroe
'15 Genesis Ultimate just like jmonroe's.
'18 Legacy Limited with 3.6R (Mrs. j's)
Options
oldfarmer50 Member Posts: 22,937
August 2021 edited August 2021
It depends on your finances. Can you afford the Honda while you pay off the Sentra? Can you afford to fix the Sentra? No matter what, that Sentra is going to be an albatross around your neck until you can get rid of it.
My advice.
Get a car that is reliable for work. If the Honda checks out with a mechanic (and definitely get it checked) buy it so you keep your job and cash flow. Then devote all your spare money to paying off the Sentra. When it’s paid off you can either sell it for scrap or get it fixed although spending that kind of money on a 150k mile car that’s worth less than the repair cost seems a waste.
No matter what, keep your job and keep paying your car bill or your credit will get trashed and you’ll be paying 22% interest on everything.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Options
Thank you kindly for the responses.
With too many unknowns about the Honda, the rest of my Nissan in great shape, and a newfound knowledge on caring for a Jatco CVT I think I will fix the Nissan and drive it till it’s end unless I can find a good private deal once paid off.
One thing is for sure though, with all of the research I’ve done on Jatco CVT’s and my experience with Nissan Customer Service I will never be buying from them again.
Again thank you for the help!
1
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FAQs
The existing powertrain warranty coverage of 5 years/60,000 miles will be extended at no cost to you, for CVT repairs, replacements or related towing, to 10 years/120,000 miles, whichever comes first. This extension is effective immediately and requires no action on your part.
How much does it cost to replace a CVT transmission in a Nissan Sentra? ›
Nissan: The average replacement cost for a Nissan CVT transmission is between $3,500 and $8,000. Nissan's powertrain warranty covers the transmission for 5 years or 60,000 miles.
Can I sue a Nissan for CVT transmission? ›
In addition to extending vehicle warranties, the Nissan CVT settlement provides cash reimbursem*nt for owners or lessees who had to pay for transmission repairs out of pocket after their warranty expires. If the repairs fell within the new warranty time period, Class Members can collect up to $5,000.
What is the class action lawsuit against the Nissan Sentra CVT transmission? ›
2022-2024 Nissan CVT Class Action Settlement
The most recent lawsuit alleged that the Japanese automaker knowingly sold vehicles with defective CVT transmissions. Nissan agreed to pay over $277 million as part of the settlement to resolve certain defective transmissions claims.
How do I get Nissan to pay for my transmission? ›
Class Members who believe they are eligible to receive reimbursem*nt for transmission repair or replacement (described in FAQs 6-8) must fill out and send to the Settlement Administrator a Claim Form. The Claim Form may be obtained here or by calling the Settlement Administrator at 1-855-222-6841.
Did Nissan extend the warranty on CVT transmissions? ›
Nissan has extended the warranty coverage on the CVT assembly including: internal CVT components, gaskets, and seals, CVT control valve body, torque converter, cooler kit (if applicable) Page 4 ALTIMA, SENTRA AND VERSA CVT WARRANTY EXTENSION | REVISION 1 Page 4 of 9 and reprogramming of the Transmission Control Module ...
What is the life expectancy of a Nissan CVT transmission? ›
How long do Nissan CVT transmissions last? This can vary depending on several factors, such as driving habits, maintenance history, and environmental conditions. Generally, however, a well-maintained Nissan transmission can last up to 100,000 miles or more.
Are Nissan CVT transmissions repairable? ›
Yes, CVT Transmissions can be repaired, but the most effective way to avoid having to repair them is to make sure that you replace the fluid at Nissan's (or your own manufacturers) recommended Intervals and avoid putting unapproved load or stress on your CVT vehicle (towing or trailering).
Is there a recall on Nissan Sentra transmissions? ›
Nissan announced the transmission recall for the Sentra due to significant issues reported by many owners. The recall affected Sentra models from 2013 to 2017, which showed consistent problems with their continuously variable transmissions (CVT).
How do I know if my Nissan CVT is bad? ›
Overheating, Burning Smell, and Limp Mode
When the transmission overheats, it can produce a noticeable burning smell while you drive. A bigger problem though is high transmission temperatures sending the vehicle into limp mode.
Gears Slipping
Other culprits include wear and tear, poor maintenance, filter blockage, and inadequate or substandard transmission fluid. You should have your transmission checked the moment you notice gears slipping. If the problem isn't quickly rectified, it can cause serious damage to your CVT.
What usually fails on a CVT? ›
Another classic sign of a CVT transmission malfunction is a noticeable hesitation for the transmission of the car to engage a gear when you put the gear shifter in “D” or “R.” Issues like low transmission fluid, a loose belt, or a failing clutch pack of an internal transmission seal can cause the delay in gear ...
What year are Nissan CVT transmissions bad? ›
2013-2016 Altima: In 2016, Nissan issued a recall for certain 2013-2016 Altima sedans equipped with CVT transmissions. The recall was issued due to a defect that could cause the transmission to fail, which could result in a loss of power and increase the risk of a crash.
Did Nissan do away with the CVT transmission? ›
Nissan's XTRONIC CVT continues to evolve in its third generation with D-Step Logic Control. Nissan is a forerunner in Continuously Variable Transmission technology and its latest models are now equipped with its third-generation XTRONIC Transmission with D-Step Logic Control.
Why not to buy a CVT? ›
Too much torque and the belt can slip, causing the wheels to lose power. This can lead to deterioration of the belt or chain can be damaged, the transmission fluid can be contaminated by the debris. As for the driving experience, many find it an odd experience as the sensation is different than that in other cars.
How long will Nissan CVT transmission last? ›
How long do Nissan CVT transmissions last? This can vary depending on several factors, such as driving habits, maintenance history, and environmental conditions. Generally, however, a well-maintained Nissan transmission can last up to 100,000 miles or more.
Is there a recall on Nissan CVT transmission? ›
Nissan CVT Transmission Recall
According to the information we have, to ensure the safety of drivers, a number of Nissan models have been recalled to handle errors: 2012-2017 Sentra: In 2018, Nissan issued a recall for certain 2012-2017 Sentra sedans equipped with CVT transmissions.
Has Nissan fixed the CVT transmission problems? ›
An expert consulted by the APA for this action said that technical changes made by the manufacturer in 2020 have probably fixed the weaknesses in Nissan CVT internals. So the message is clear: it is better to choose a more recent used Nissan which is still under the original manufacturer's warranty.
Does Nissan have a lifetime warranty on transmission? ›
Here are the facts:
Our Lifetime Limited Powertrain Warranty covers the engine, cylinder block, intake manifold, oil pump, water pump, transmission, engine control computer, front and rear wheel drive, and much more...
