Current interest rates for new cars through Ford financing?

[fordhouston]

The days of 0% financing is long gone boys and girls.. it will be missed for sure

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[MDPE]

Thanks for sharing this!

This is what granger sent me today but I also ordered back in February. Just don’t be a tier 5 whatever you do
Rates:

	1-36	37-48	49-60	61-72	73-75
Tier 0-2	0.9	1.9	2.9	4.9	5.9
Tier 3	2.9	3.9	4.9	6.9	7.9
Tier 4	4.9	5.9	6.9	8.9	9.9
Tier 5	14.9	15.9	16.9	18.9	19.9

 

[wolfman1]

This is what granger sent me today but I also ordered back in February. Just don’t be a tier 5 whatever you do
Rates:

	1-36	37-48	49-60	61-72	73-75
Tier 0-2	0.9	1.9	2.9	4.9	5.9
Tier 3	2.9	3.9	4.9	6.9	7.9
Tier 4	4.9	5.9	6.9	8.9	9.9
Tier 5	14.9	15.9	16.9	18.9	19.9

I ordered from Granger on January 3rd this year and picked it up on 9/9. I got 1.9% at 60 months.

 

[Donnelly713]

I mean y'all might be right, I got 0% APR on my 2021 lariat in the fall when dealers were still crying about empty lots, chips and raceways full of unfinished trucks.

 

[Buyer2021]

Folks need to recognize a few things about Ford Financing Incentives ....

• If you place an order with a reputable / competent dealer like Granger you'll be eligible for Ford incentives in effect on the date of order confirmation OR Ford incentives in effect on the date of purchase by you (but not any that started-and-ended in between those dates); the choice is yours to make.
• You are eligible for incentives offered for your zip code, not the dealer's, and those may be different as incentives can be regional (the Smart Vincent system used by dealers to determine your offers accounts for this based on the address on the ID you provided at time of order); take care to consider this before you get excited about a rate another person in another region says they received.
• The money market is very volatile at the current moment ... rates you see today may not be available tomorrow.
• You or your dealer may be able to find a third-party rate better than a Ford incentive
• Don't write-off the possibility of far below market rates or even 0% being offered again by Ford - they've done it in the past when market rates were high and they had inventory they want to keep moving

Just because you're "eligible" for an incentive doesn't mean you'll "qualify" for a particular rate / terms; "qualification" depends on your credit-worthiness as determined by the lender.

Good Luck!

 

[Flash69]

I'm trying to find the tier breakdown. My credit took a hit with divorce.

 

[Buyer2021]

I'm trying to find the tier breakdown. My credit took a hit with divorce.

I doubt you'll be able to determine your 'tier' with Ford Financial, it's a complex proprietary algorithm based on lots of factors. It will not correlate assuredly / directly to any 'consumer credit rating' that you can get from popular online 'what's my credit score' resources or your credit card company (e.g. Fico x, Venture x, etc).

Methinks you won't know until you submit a credit app and let the banks (or Ford Financial) run their respective proprietary evaluations. Note this is a process that needs to be done when you are actually ready to close the deal / purchase your vehicle because the 'effective life' of an application / specific offer is very short in recognition of the fact that your situation could change (again) at any moment.

Good Luck!

 

[HammaMan]

I'm trying to find the tier breakdown. My credit took a hit with divorce.

Credit rating plus down payment end up determining your rate.

Keep in mind so long as finance rate < inflation, they're paying you to borrow.

 

[Flash69]

I will have a sizeable down payment. Granger sent the locked in rates from May 2022.

 

[DBL R]

I mean y'all might be right, I got 0% APR on my 2021 lariat in the fall when dealers were still crying about empty lots, chips and raceways full of unfinished trucks.

same. Got lucky my lead foot was built in time, since they discontinued the color.

 

[Happy1286]

I will have a sizeable down payment. Granger sent the locked in rates from May 2022.

What date did you order and where are you from? I ordered in March when they were offering 0% apr. My trucks in production now, so I should be taking with granger soon and I'm curious what to expect.

 

[Flash69]

What date did you order and where are you from? I ordered in March when they were offering 0% apr. My trucks in production now, so I should be taking with granger soon and I'm curious what to expect.

I ordered on May 9, 2022 and I'm from Austin, TX.
My truck should be in Kansas City right now. Hopefully getting a ride to Granger in the next week or so.

 

[Happy1286]

I ordered on May 9, 2022 and I'm from Austin, TX.
My truck should be in Kansas City right now. Hopefully getting a ride to Granger in the next week or so.

So is there a reason you don't qualify for the 0% for 60 months that was running them? pgm #21302

 

[Flash69]

So is there a reason you don't qualify for the 0% for 60 months that was running them? pgm #21302

I didn't know they were running 0% in May.

 

[Happy1286]

I didn't know they were running 0% in May.

May... Not March. Dyslexia strokes again! It ended before May. Sorry about my inability to read!

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