Smitdog
Well-known member
- Thread starter
- #1
According to my dealer there's a $1900 rebate if going with Ford Financing, 6.99% for 48 months (yikes!). Evidently there's a $275 loan fee, so there's that right off the top, so a net $1,625 rebate.
Does anyone know for sure if there's no prepayment penalty, or any other "gotchas" if paying the loan off early? As in mailing a certified check the same day I pick up the vehicle.
Is there a minimum amount I have to borrow? Can I put down 95% to minimize 1 month of interest charges?
I can pay cash, but wanted to see if I could get the $1,900 rebate with financing, if paying only a very nominal amount in interest and finance fees.
Can't find anything online re: Ford Financing T&C's, and am getting very little info from the dealer.
Does anyone know for sure if there's no prepayment penalty, or any other "gotchas" if paying the loan off early? As in mailing a certified check the same day I pick up the vehicle.
Is there a minimum amount I have to borrow? Can I put down 95% to minimize 1 month of interest charges?
I can pay cash, but wanted to see if I could get the $1,900 rebate with financing, if paying only a very nominal amount in interest and finance fees.
Can't find anything online re: Ford Financing T&C's, and am getting very little info from the dealer.
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