Truck order
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Joined: Mar 2005
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Truck order
Hi, I am ordering an zlt pickup after driving a chevy for 15 years
just got tired of the boring style.
do have 1 question.
the ford company offers a 1000 rebate if you finance.
if you want to pay it off in say 2 months,
are there prepayment penalties or other gimmicks?
if not its a good deal.
by the way im
glad i found this forum after getting my truck im sure i will be here often.
richard!!
just got tired of the boring style.
do have 1 question.
the ford company offers a 1000 rebate if you finance.
if you want to pay it off in say 2 months,
are there prepayment penalties or other gimmicks?
if not its a good deal.
by the way im
glad i found this forum after getting my truck im sure i will be here often.
richard!!
Super Moderator
Joined: Oct 2002
Posts: 8,547
Likes: 6
From: MA
From what I understand, there is no penalty to the purchaser to prepay. I think the dealer loses their % kickback on the financing deal if you pay it off before 3 months.
Also, welcome to FTE. Nice to see that the blue oval has won you over after 15 years of being on 'the darkside'.
Also, welcome to FTE. Nice to see that the blue oval has won you over after 15 years of being on 'the darkside'.
Senior User
Joined: Sep 2003
Posts: 432
Likes: 0
From: Whitman MASS
Thats funny because i actually just bought a new silver one today and i love it.
That is beside the point but the guy at the dealer ship said i cannot pay it of before the 4th payment.
Does anyone know if there is a minimun amount of payments or does the dealer just want more money?
Brian
That is beside the point but the guy at the dealer ship said i cannot pay it of before the 4th payment.
Does anyone know if there is a minimun amount of payments or does the dealer just want more money?
Brian
Super Moderator
Joined: Oct 2002
Posts: 8,547
Likes: 6
From: MA
For what its worth, I found this while searching through the New Buyer forum:
"There's no penalty for paying off a loan early, and there's no way Ford can make you pay back a rebate once you've used it. Don't worry about it- go ahead and pay off the loan. I'd believe FMCC before a salesperson/ F&I person when it comes to stuff like this."
Those were 1956MarkII's exact words from someone asking about a similar question.
"There's no penalty for paying off a loan early, and there's no way Ford can make you pay back a rebate once you've used it. Don't worry about it- go ahead and pay off the loan. I'd believe FMCC before a salesperson/ F&I person when it comes to stuff like this."
Those were 1956MarkII's exact words from someone asking about a similar question.
