I am considering purchasing a 2000 Explorer XLT and have been qualified for a Ford X plan price.

Can anyone tell me if the X price is a good deal for the buyer or can I do better buying an Explorer with a $$$ over invoice as these vehicles are in abundant supply and Ford offers rebates.

Appreciate any insights.

email: alcanpr(No Email Addresses In Posts!)

 

Here is some info for you if you're still wondering:
X-Plan = A-Plan + 4%

A-Plan = invoice - holdback + $25

A-Plan factory order = invoice - holdback + $25 - wholesale assistance

holdback = (invoice - freight) x 2%


Here's Ford's description of the plan:

Friends and Neighbors Program

Plan Description

The intent of the X-PLAN is to introduce our products to potential customers
who are considering the purchase of competitive
products, and to strengthen loyalty for Ford products among current Ford
consumers, including former X-PLAN customers. In
all cases, X-PLAN sales must be in the best interests of the Company and
should not substitute for normal retail sales.
X-PLAN requests must be approved for individuals only and not for companies
or organizations. Active employees may
approve their own X-PLAN requests using the X-PLAN System; no other
approvals are required.

Employees are encouraged to seek out competitive vehicle owners and solicit
X-PLAN purchases; however, current Ford
owners are also eligible. Active employees of the parent Company and certain
subsidiary companies in the U.S. may sponsor
up to four X-PLAN requests per calendar year.

Eligibility

Potential X-PLAN customers include:

Former X-PLAN customers.

Those individuals who would reasonably be expected to purchase a
competitive vehicle if not offered this incentive.

Excluded from eligibility are:

Government employees and officials whose use of the plan may be
construed as influencing a public official.
Employees of Ford, Lincoln. Mercury, Jaguar, Mazda, Land Rover or
Volvo dealerships.

Note: Only employees and retirees who have access to the X-PLAN System
via the Ford Intranet or the Internet
(www.fordvehicleprograms.com) are eligible to sponsor X-PLAN customers

Pricing

X-PLAN pricing for Ford and Lincoln-Mercury products is 4% over
the Ford A-PLAN price, which is the
dealer's net price. For Land Rover, the formula is 4% of MSRP
(excluding freight) added to the invoice price
(freight included) and for Volvo 2% over A-PLAN.

X-PLAN sales are also eligible for any applicable retail
incentives.

A-PLAN prices are available on the A-PLAN System.

Leasing for Ford, Lincoln-Mercury and Volvo products is available
through Ford Credit Red Carpet Leasing and Volvo
Leasing only, no other leasing sources are allowed.

Model Availability

With the exception of Jaguar, all domestically marketed current
model vehicles available on the A-PLAN may be
purchased on the X-PLAN.

The Company may, at its discretion, exclude certain high demand
models from the X-PLAN.

Mazda products are available under the S-PLAN.

New, prior model year vehicles are also available, up to March 31 of
the current model year.

Retention

Vehicles purchased under the X- PLAN must be titled in the name of the
eligible participant and kept in their possession
for 6 months.

Process

X-PLAN purchases require the employee sponsor to generate a Personal
Identification Number (PIN) for each sale.
PINs are available only through the X-PLAN System. To obtain a PIN, the
customer's full legal name, address and
Social Security Number are required.

As soon as the system generates a PIN, the employee sponsor may give
the PIN to the customer to take to the dealer if
they wish; however, within 48 hours of a PIN being generated, a letter
is automatically mailed to the customer with their
PIN, instructions for completing the transaction and thanking them for
their consideration of a Ford Motor Company
product. No other action or approval is required on the part of the
employee sponsor.

SURVIVING SPOUSES ARE NOT ELIGIBLE TO SPONSOR X-PLAN CUSTOMERS.

Note: Canada has its own Friends and Neighbors Program similar to, but
exclusive of, the U.S. Program.

This comes to a price that is ALWAYS a few hundred bucks below invoice. Not only that, these Plans also qualify for any cash/rebate/financing incentives (from FORD, not dealer rebates). That could be a few hundred or thousand bucks more below invoice. SVT vehicles (Lightning, Cobra, etc.) are NOT eligible.

This information was gathered from www.f 1 5 0 world.com, posted by members registered to the site.