0% to 7.9% finance rates..overnight..what gives?!
02-09-2009, 11:50 PM
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0% to 7.9% finance rates..overnight..what gives?!
Hi folks...I'm a Canadian '06 F150 owner and am (or should I say was) in the market for an '09 F150 until Ford Canada raised their rates to 7.9% across the board. When looking at the Toyotas I balked at the 4.9% offered by Toyota Canada but now it's looking kind of good?! How is it looking in the US for finance/lease rates?? Any goofy increases like this?
I would think this will bring F150 sales to a grinding halt...not exactly what I thought Ford would want in these economic times.
I would think this will bring F150 sales to a grinding halt...not exactly what I thought Ford would want in these economic times.
02-10-2009, 11:45 AM
#2
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You certainly wouldn't think so, but it's all based on supply vs demand. If everybody is rushing out to buy these new F150's then Ford is going to raise the rate, but I just don't see how in these economic times (as you pointed out) everyone is rushing out to purchase a $40k truck.
