Hi guys,

I am planning on ordering a crew and financing it through Ford. Do I get the rate of at the time of the order? or at the time of the delivery. Or this is negotiable? One dealer I went to told me I would get whatever the rate at the time of the delivery. The current incentive ends 4/02, so I need to know fast!

TIA

Batman
96 Maxima SE - for sale
92 Jeep Wrangler

 

Thanks for the reply. I understand what you are saying, but I doubt if I can get a better rate than Fords 2.9% APR (my credit union is 7.75% and 7.35% from Eloan.com)
I have a pretty good credit, so I am pretty sure I can get Ford's 2.9% x36 if I apply.

Batman

 

Yes. Hopefully that's true. However, that great rate is often linked with a huge "But"; "But only if you buy model X"; "but only if you're first time buying"; "buy only if you have A-positive blood" etc etc. Also, "dealer participation may affect" this. If you get a great price from them, they may not extend you the great financing too, since that is a cost the dealer helps bear (usually). Whatever the outcome, I sure wish you luck getting JUST the truck you want!

 

We bought on the X plan and got $500 rebate plus 2.9% financing as well. Most special deals are for a certain model.

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Mine:2001 1/2 F150 Super Crew, Lariat, Oxford white w/silver lower accent and Med. Gray Leather Captain Chairs,4x4 ORP, 5.4L, 3.55LS, 17" Chrome wheels w/GY AT/S LT265/70/17, auto, 6 CD,Towing package, alarm, Westin Chrome nerf bars, Seat Savers and Husky mats for hunting, bed liner, white tail light lens covers.

http://albums.photopoint.com/j/Album...1294&a=3025874
Wife: 1999 Explorer Limited,pearl white/tan leather,4.0L,4:10LS,CD,sunroof,towing pkg.,alarm. Bought new Sept. 1999

Previous: '65 Mustang 289 HiPo, '70 Chevelle SS 396, '70 Vette Conv. 350/350, 72 Datsun PU,'74 Vette TTop, '79 Blazer, '81 F150, '83 Bonneville, '84 Gran Marquis '89 TBird Super Coupe 3.8L SuperCharged, '93 Explorer 4.0L, '97 F150 SC XLT, 4x4 ORP

 

I paid 9 bucks over invoice and got the 2.9 % x 36 mnths...With average rates at the banks nearly 8%, you'd be a fool not to take advantage of Fords incentive. I bet after April 1, they will have another plan similar...

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My SCrew:
Gen III, 2001 SuperCrew Lariat, 5.4L, 4x4, 3.55 Limited Slip, Black Exterior, Med Graphite Leather Captians Chairs with "BUN Warmers", Sliding Rear Window, Power Moonroof, Class III Trailer Tow Group, Skid Plates, Bed Extender, 6 Disc CD...

<A HREF="http://members.aol.com:/webrider64/images/Truck2.jpg" TARGET=_blank> </A>

• Ordered: 1/11/01
• Built: 2/19/01
• Delivered: 3/1/01

 

I hope they continue the 2.9% incentive since my SCrew is due in the week of April 9. Be a bummer to miss it by a week, or a day. I can only hope the current slow sales will keep the incentives alive.

Now that I'm down to the last days before delivery, the wait is killing me. Also, my '90 Cherokee head gasket oil leak isn't getting any better!

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'01 SCrew Lariat, Oxford White, 5.4, LS, Tow, Moonroof, Slider, CD changer

 

it's whatever the rate Ford is offering at the time you take delivery. can't really negotiate lower APR because rate is already below market due to the factory's subsidy. with full size truck sales being off for all the manufacturers, the current incentives from Ford will probably continue past 4/02 (my .02)

 

I'm pretty sure you'll get whatever rate is available at the time of delivery.....This is almost always the case with financing incentives....Sometimes with rebates you can hold the dealers' feet to the fire and get them to give it to you after it's expired if it was in effect when you ordered the truck....Of course, the amount comes out of their pockets...But financing is almost always a factory incentive and you won't be able to get it if it's not in effect....Ford generally rolls out a new program as soon as the old one expires so you might even get a better deal @ delivery...Good luck !

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2001 Screw Lariat 4X4
Dk. Highland Green/Arizona Beige
Rear Slider
Skid Plates
Trailer Tow
5.4 Liter
Cage Extender
Limited Slip
Black Westin Nerf Bars
Ford Duraliner
Extang Soft Tonneau
Pioneer 4100 HU/Pioneer 6cd changer/Rockford Fosgate Punch 400 Amp/Polk Dx7 Speakers (4)

 

Assuming you have good credit, and you have reached the stage of the game where you are ready to buy, consider this:
Shop around locally and prequalify on a rate. Have this available for you.....ready to go.....as if you will actually finance thru the bank (or credit union!) of your choice. This should not cost you anything at all.
Then, after you've finished negotiations at the dealer on your new toy and head to the financing office, let them know you've already got financing (You do, don't you?)Undoubtedly, they'll ask what kind of rate you're getting. In EVERY case (with me, anyway) the dealer has managed to find a way to beat my "outside" deal, and usually by at least a half-point. I've always been satisfied with this tactic. I shop around for a great rate.....and get one. Then the dealer makes a better offer! Everyone wins.

[This message has been edited by sundog7 (edited 03-30-2001).]