asstchief2003

Rebates on a 2013 already??? Thats were I'm sold.
No take the ford credit deal and refinance.
But make know that depending on where you go. the truck is now used not new it may change your rate a little. some give discounts on same year/model year. member checking/ direct withdraw deals. butmost will consider it a refinance on a used truck. no plently to refiance either. they dealer doesn't care either, they sold you the vehicle. They make more money on NON-ford credit loans anyway. they also stated do the same thing.

sharper4

I waited 'til I got the first payment coupon (because I didn't know my loan number). As soon as it arrived I called USAA and got a "new" loan for 3.19%.

Did the exact same thing on my last truck too. I bet your salesman would share that it's okay with you but the finance guy is probably going to tell you to wait 90 days. Mine actually told me to wait 120 days. What a load...

VThokie7

My finance guy actually told me I needed to give it at-least 3-4 months so I didn't anger Ford. That they wouldn't be as inclined to give the incentives down the road. What a crock.

The sales people there were actually awesome and not pushy in the slightest. Only complaint was the finance guy was a bit shady, but I turned down everything he was selling. But did actually end up with a 5.29% rate from Ford, but still going to refi with the local credit union and drop it down to 1.9%.

Sock Puppet

Same deal here. I have excellent credit and Ford would only do 6.29% (or, more accurately, that's what the dealership would do). I did a re-fi at my Credit Union for 2.99% in aobut 60 days or so.

dkelly701

My finance guy was the one that actually suggested doing this. He asked me to wait until I had made 1 payment to Ford before paying it off. He said that they get money for every loan and if I pay it off too quickly, they may not receive their money for my loan. Cost me a few bucks, but I did it. Take it for what it is worth.

gregsf150stx

Yeah, that's definately a crock of !&#!..........

gregsf150stx

Although not obligated to even wait 1 payment before paying it off, it might give you a good relationship with your dealer in case you use them for service for even if you purchase another vehicle there in the future.

But finance managers telling people they HAVE TO/MUST wait 3 month is erroneous information. Your contract states you can pay the loan off at ANY time without penalty.

realaxed83

I took this route as well when I bought my 11' last year. They could see me shaking my head immediately when they were explaining it to me and before I could say anything he explained that I could refinance right away with no penalty. I took the deal and refinanced about 4 days later with no problems. Financed as a new truck of course. I say go for it.

landofawe

I bought mine on August 20 and refinanced with my Credit Union last Friday the 31st. They told me that there was penalties if I refinanced before 3 months. After searching this forum and several others I said screw 'em, they lied to me. The lady at the Credit Union said they refinance these all the time. I had 6.19 and dropped it to 2.19 by refinancing. Wait about 2 days and call Ford Motor Credit, I got the number off their site, follow the prompts, enter your SS# and the automated voice will give you your account number and 10 day payoff.

The bad thing is, I would have probably stayed with them for 3 months if they hadn't lied to me and my wife.

I forgot to add that my Credit Union said that they would refinance 10,11, or 12's with less than 100k at the new car rate.

bsramzy

in the process of transferring over to penfed. have the truck for just short of a week.