Has anyone taken advantage of the 0%
financing??

We have a really good credit rating, (806), NO trade-in, as I'm selling my truck out right.

What are the limitations on that interest rate??

Thanx,

Sherlock

P.S. We're supposed to set down with the dealership tomorrow, the 24th.

 

Sometimes if you take 0% you don't get the cash back rebates. That's the only downside that youlll see

Just work the math of rebates vs what you would pay if you had an interest loan. Pick whichever is better financially for you

 

0% means that you get all of your savings at the end of the loan.

Discounts at the year end are all of those savings at the purchase of the vehicle.

The difference between savings is that on your finance rate, if you trade or sell before the loan is mature, you lose on the savings.

0% can only be 100% effective if 100% of the 0% payments were already made, and that's why I always get the year end discount on a left over truck rather than a 0% finance.

 

I got 0% financing several years ago from Ford Credit on a 36 month new vehicle loan. I also got the other rebates available at that time. It was not an either / or for me.
The only possible down side to the loan was a penalty for early pay off. I made the 36 payments and appreciated the free $$$'s.

 

O.K., thanx for the replies.

Will see how it goes tomorrow.

I am a FORD employee, so I know that I get "D" plan. Am curious to see how much, I can save.

I priced out a 2017 Platinum, a week ago. Sticker is $63,890
MY price is $52,242.04, for a savings of $6,647.96.

Then there are $2,000.00 in rebates right now,

SO, I'm curious about ordering one, and seeing what "I" would pay for it.

 

You ALWAYS lose Ford Credit rebates with 0%. Take regular rate and refi the next week.

 

In recent times, I've never heard of an early payoff penalty, especially from Ford Credit. I thought such loan terms were a thing of the past or confined to suspect loan originators.

 

That's the one good thing here in Canada. We get 0% financing up to 72 months and get to keep the rebates (I think we call them delivery allowance here).

 

Yep. 0% up to 72 was just plain standard when I bought my truck (in canada), there were no more or less rebates to be had with a different finance rate.

 

Not true. I still got a rebate.