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  #26  
Old 11-01-2011
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I would probably have to finance through them to qualify for those incentives, right? I was just one there site and they do offer a law enforcement discount of $500 and I qualify for that.

EDIT: That being said those offers dont add up to alot. Plus I dont want to finance more then $20,000 and a new F-150 Supercrew start at about $38,000. Even with my trade/cash and the few thousand dollars in incentives that I might get if I finance through Ford dont make up enough.

Last edited by Lord Of War; 11-01-2011 at 02:36 PM.
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  #27  
Old 11-01-2011
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I don't think you have to finance through them to get those. They just want to sell trucks. They don't really care how they get there money they just want it.
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  #28  
Old 11-01-2011
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I don't think you have to finance through them to get those. They just want to sell trucks. They don't really care how they get there money they just want it.
Thats good to know...
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  #29  
Old 11-01-2011
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You will usually get a better interest rate on a new vehicle then a used.
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  #30  
Old 11-01-2011
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You will usually get a better interest rate on a new vehicle then a used.
Agreed.
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  #31  
Old 11-01-2011
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If you know someone who works for Ford they can give you an X plan number. That's usually a few thousand off a new vehicle. I get them as an affiliate, but only for family.

Also, Ford gives a $500 law enforcement discount and $500 student discount if you take any college courses. If you join AQHA for $40 you get another $500 discount.

So with the incentives, discounts available, and lower financing for a new vehicle that is the smart way to go.
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  #32  
Old 11-01-2011
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If you know someone who works for Ford they can give you an X plan number. That's usually a few thousand off a new vehicle. I get them as an affiliate, but only for family.

Also, Ford gives a $500 law enforcement discount and $500 student discount if you take any college courses. If you join AQHA for $40 you get another $500 discount.

So with the incentives, discounts available, and lower financing for a new vehicle that is the smart way to go.
The ford dealer i used to work at gave discounts for being a member of a Credit union. ask that also.
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  #33  
Old 11-01-2011
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Would getting $5000 worth of incentives and price reduction through bargaining seem like a far stretch?

That combined with a great interest rate if I can qualify for it is probably the only way I can get a truck payment of $400.
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  #34  
Old 11-01-2011
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Originally Posted by Lord Of War View Post
Would getting $5000 worth of incentives and price reduction through bargaining seem like a far stretch?

That combined with a great interest rate if I can qualify for it is probably the only way I can get a truck payment of $400.
Should be doable.
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  #35  
Old 11-01-2011
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Hell yea bargain. if they really want to sell you a truck, you have all the power.
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  #36  
Old 11-01-2011
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If you buy from a Ford dealer using Ford credit, new or certified used and you have excellent credit you will get 1.9% on a 48 month or less loan and 2.9% on a 60 month loan. I highly doubt any credit union will be able to beat that rate. You should check into it.
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  #37  
Old 11-01-2011
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Originally Posted by RazorsEDGE View Post
If you buy from a Ford dealer using Ford credit, new or certified used and you have excellent credit you will get 1.9% on a 48 month or less loan and 2.9% on a 60 month loan. I highly doubt any credit union will be able to beat that rate. You should check into it.
I dont have excellent credit. I have ok/good credit.
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  #38  
Old 11-01-2011
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I dont have excellent credit. I have ok/good credit.
Well if you do end up buying an eligible vehicle from a Ford dealer it would be worth asking about. I'm not sure what the credit threshold is.
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  #39  
Old 11-01-2011
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I'm going to ask reguardless. I would bet the threshold is at least 725 if not more.
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  #40  
Old 11-03-2011
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You definately do not get that good of an interest rate on a certified used vehicle, it won't be anything less than 7%..

one thing to keep in mind if you trade your truck in you only pay tax on the difference owed, in your case I would just go into the dealer tell them what your able to offer, do not keep your trade in a secret and make THEM bend Over backwards to meet your demands, if not you walk
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  #41  
Old 11-03-2011
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Originally Posted by BLK02 View Post
You definately do not get that good of an interest rate on a certified used vehicle, it won't be anything less than 7%..

one thing to keep in mind if you trade your truck in you only pay tax on the difference owed, in your case I would just go into the dealer tell them what your able to offer, do not keep your trade in a secret and make THEM bend Over backwards to meet your demands, if not you walk
I got 6.5% interest when I bought my ranger and my buddy who bought one last year has a 6% interest rate....both trucks were used.

And believe me... they WILL bend over backwards. I am going to hammer them on every angle possible... any buyer should.

Last edited by Lord Of War; 11-03-2011 at 02:50 AM.
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  #42  
Old 11-03-2011
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Originally Posted by BLK02 View Post
You definately do not get that good of an interest rate on a certified used vehicle, it won't be anything less than 7%..
Bought my Expedition certified used from a Ford dealer using Ford credit with an interest rate of 2.9% for 60 months. 48 months or less would've been 1.9%. You definitely can get a rate that good.
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  #43  
Old 11-03-2011
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Originally Posted by BLK02 View Post
You definately do not get that good of an interest rate on a certified used vehicle, it won't be anything less than 7%..

one thing to keep in mind if you trade your truck in you only pay tax on the difference owed, in your case I would just go into the dealer tell them what your able to offer, do not keep your trade in a secret and make THEM bend Over backwards to meet your demands, if not you walk
Quote:
Originally Posted by Lord Of War View Post
I got 6.5% interest when I bought my ranger and my buddy who bought one last year has a 6% interest rate....both trucks were used.

And believe me... they WILL bend over backwards. I am going to hammer them on every angle possible... any buyer should.
Quote:
Originally Posted by RazorsEDGE View Post
Bought my Expedition certified used from a Ford dealer using Ford credit with an interest rate of 2.9% for 60 months. 48 months or less would've been 1.9%. You definitely can get a rate that good.
Yeah you can get a lot lower then 7%. 7% is actually pretty high.
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  #44  
Old 11-03-2011
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Yeah 7% is pretty high, my credit union is doing 4.25% right now for a used car.
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  #45  
Old 11-03-2011
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Mine is doing 3.49%. I should see about a lower interest rate! hmmm
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  #46  
Old 11-03-2011
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I'm talking about financing through a dealership, I had 3.99% through my bank when I was financing my truck but that's not always an option for people
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