Thanks for the reply, trust me..it is bottoming out. If the bushings/sway bar links were bad, it would be making a clunking noise, or something along the lines of that and/or getting a swaying feeling in the rear. We had them go bad on our xterra, had a camry that had the same problem and a lincoln town car with the same issue. Rear links and/or bushings were the issues for those three cars. This bottoming out issue only happens when there are people sitting in the back. If there's just a driver or just a driver+front passenger, the vehicle drives absolutely perfect. But when there's a load on the back, it makes a loud banging noise when going through dips. Normal bumps in the road and its fine. I'm 100% positive its bottoming out because when alone, its fine and feels nice and firm but when people are sitting in the rear, it feels all soft and kind of mushy in the rear. I had a 1998 pathfinder that did the same thing a few years ago except the noise wasn't as loud, same type of feeling/noise from the rear. The shocks that we took out from this car were pretty much dead, don't know about the springs because they weren't cracked or broken...we just assumed they got soft over time and replaced them as well. My uncles 2001 pathfinder doesn't do this when there are 2 people sitting in the rear of his so it's a bit confusing as to why ours is doing it after new shocks and springs. I will definitely check out the parts you suggested though. Thanks!