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0% for 72 months?

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Old Mar 11, 2008 | 10:13 AM
  #1  
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0% for 72 months?

Heard a rumor Ford would be going to this soon if sales didn't pick up. Anyone else heard this??
 
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Old Mar 11, 2008 | 10:43 AM
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No, I haven't heard this but it would not surprise me. Will probably see a lot of this before the end of the year.
 
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Old Mar 11, 2008 | 10:43 AM
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Damn! That would be tempting.
 
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Old Mar 11, 2008 | 11:14 AM
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It happens and probably will continue to happen, although it is offered for limited times only so you need to watch for it. I just bought 5 new trucks in the last 2 months, 2 of them (F450 and a Ranger) I got in during the 0% so $ wise that was great but not business wise as we have no interest to write off on those 2 vehicles. The other 3 I got in at 1.9%, 3.9% and a 5.9% so this will help out with the write offs. Basically you need to get in with a sales manager and ask for a call when the 0% comes back, sometimes but not often there is 3-$5000 rebates offered WITH the 0%, other times in lieu of.
 
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Old Mar 11, 2008 | 12:11 PM
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you do have interest - you just have to impute it.
 
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Old Mar 11, 2008 | 12:24 PM
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That I leave for my accountant to do, he's always telling me we are making too much money and not enough write off so what I try to do is get the rebates and not worry about the finance rates too much.
 
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Old Mar 11, 2008 | 12:30 PM
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I see - I'm just saying that your accountant can book interest expense based on the rate a bank would charge for the same loan.

Basically Ford has the interest rolled into the purchase price.
 
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Old Mar 11, 2008 | 12:51 PM
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Thank you, I'll definately bring that up with him.
 
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Old Mar 11, 2008 | 12:57 PM
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Interest on auto loans is not deductable any longer for an individual filing a tax return.
Not sure if a business can still deduct interest on auto loans.
 
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Old Mar 11, 2008 | 02:46 PM
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I haven't heard about interest rates, but I just got an email stating $10k off every 08 super duty on the lot from a local dealer.
 
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Old Mar 11, 2008 | 03:16 PM
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If you have a choice, choose the factory rebate over ZERO % financing, in the event you sell it.
 
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Old Mar 11, 2008 | 03:45 PM
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With diesel prices soaring I'm sure you will be seeing some great deals to come.
 
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Old Mar 11, 2008 | 03:50 PM
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Private party maybe.......
 
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Old Mar 11, 2008 | 06:57 PM
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Think I could get 10k off the sticker of a ordered regular cab? And where do I go to price out under x-plan.
 
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Old Mar 11, 2008 | 07:24 PM
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Originally Posted by matt05
Think I could get 10k off the sticker of a ordered regular cab? And where do I go to price out under x-plan.
The problem with ordering a truck (This is how I buy mine) is the dealer can only give you whatever rebates or finance specials that are available when you sign the paperwork. If you order a truck and it takes 6 weeks for delivery, the rebates may have changed. Your dealer can lock in the deal once he has a VIN. You can sign the paperwork at that point and the truck is technically yours even though you may not see it for another couple of weeks.

What kind of regular cab are you looking for? I see several on the lots down here in Texas.
 
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