Ford Financing rate?
#31
#33
#34
Wow I learned something new, I have bought many new cars/trucks and have always been told that when I ordered one that they could NOT lock in the rebate and that I would get whatever was available at the time I actually bought the vehicle. If that is the case that they can lock it in, I stand corrected, I will call my dealer and delve into it.
#35
Dealt with finance last night, and with a 738 score, the best they could give me was 8.99% @ 72. When I asked asked what the pre-pay/refinance penalty was, the finance guy was honest and said nothing but they're asking a favor. I could handle the higher payment for three months, so I took it for their honest. Will be refinancing 91 days out though.
#36
Same here. When they said the best was 7.99 for 48 months, I laughed. I just bought a car a month ago at the same place for 4.3% and then decided to pay it off. So I knew this dealership had access to lower rates. Ended up at 2.9% and I don't have to refinance. I'm happy without the $1,000 from FMCC.
#37
Just returned from the dealership and they gave me the 1K for financing and another 1K for going from a Toyota lease to a Ford. They also guarenteed that the most I would pay in interest and fees if I paid it off in 15 days was $60. I am financing 7K for 15 days. The truck will arrive in 6 weeks and the sales manager told me if there are any additional rebates before I take delivery, I get that as well. So far I got 5k in Ford rebates and $4,568 off MSRP plus a free Power Moon roof. Looking forward to this truck. You guys who already have yours seem very pleased.
#38
The ability for a dealer to lock in or guarantee rebates depends on the size of the dealerships. In general...the smaller dealers...known as select dealers...can guarantee rebates at time of purchase. The larger dealers...known as contact dealers...generally can not.
Technically...they are not locking in the rebates or low rates...they are locking in your payment...whether you're financing or not.
Technically...they are not locking in the rebates or low rates...they are locking in your payment...whether you're financing or not.
#39
#40
#41
Dealt with finance last night, and with a 738 score, the best they could give me was 8.99% @ 72. When I asked asked what the pre-pay/refinance penalty was, the finance guy was honest and said nothing but they're asking a favor. I could handle the higher payment for three months, so I took it for their honest. Will be refinancing 91 days out though.
#42
#45
Texas and 60mos, but like I said, it was a deal through the dealership. I also only financed a small amount, so I'm not sure if that makes a difference. I was going to pay the diff. between the new truck and trade, but at this interest rate, I'm tempted to just pay the small payments for a while.