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Rebates and 0% Financing

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Old Apr 13, 2011 | 09:13 PM
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Rebates and 0% Financing

Did anyone take the rebates and pass on the lower rates or get the rebate and rates as low as 0%? Picking up the new truck tomorrow and trying to figure what is best.

Andy
 
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Old Apr 13, 2011 | 09:19 PM
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Took the rebates and paid .75% over the 60 month interest rate. On a fixed income can't afford the 0% 36 month payments.
 
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Old Apr 13, 2011 | 09:23 PM
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Took the rebates and paid .75% over the 60 month interest rate.
So you paid .75% over listed Ford Credit financing at 60 months correct?
 
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Old Apr 13, 2011 | 09:33 PM
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Yes I did this month Ford is offering 2.99% for 60 months and I got 3.74% for 60 months. And I got $4500 off for the X plan and $4500 in rebates...
 
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Old Apr 13, 2011 | 09:36 PM
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Thanks for the info George!
 
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Old Apr 13, 2011 | 10:21 PM
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Glad to help, Andy, give them hell tomorrow.....
 
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Old Apr 13, 2011 | 10:36 PM
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As it was explained to me at taking the 0% would actually cost me 800-900 with the loss of the 2500 in rebate. I took 3 year at 3.24% on X plan with 2500 + 1000 + 750 in rebates. I can handle the high payment for the 3 years. that will get it paid off before I retire.
 
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Old Apr 14, 2011 | 08:51 PM
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Glad to help, Andy, give them hell tomorrow.....
Ended up going with the 0% for 36 months(2k in rebates plus $750.00 Ford coupon)since I bought this as a company vehicle. Savings overall and tax wise it works out better for me. If I took the rebates Ford Credit was at 7.9% for 60 months(almost 6k in interest!) or Bank of America 3.99% at 60 months with $2500 in rebates plus the coupon. All in all a good experience with the dealer.
 
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Old Apr 14, 2011 | 09:08 PM
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Originally Posted by AMEC Electric LLC
Ended up going with the 0% for 36 months(2k in rebates plus $750.00 Ford coupon)since I bought this as a company vehicle. Savings overall and tax wise it works out better for me. If I took the rebates Ford Credit was at 7.9% for 60 months(almost 6k in interest!) or Bank of America 3.99% at 60 months with $2500 in rebates plus the coupon. All in all a good experience with the dealer.
Hey Andy,
When I bought mine, Ford rates were 2.9 over 48 mos or something. I ended up with Citizens bank with a lower rate over 60 months...
What dealer are you buying from?
 
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Old Apr 14, 2011 | 09:13 PM
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What dealer are you buying from?

Performance Ford in Randolph, NJ. You could get the 2.9 at 60 months with Ford but only 1k in rebates....same as Ford's website shows.
 
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