Thoughts on two different Builds?
Senior Member
Joined: Dec 2020
Posts: 864
Likes: 472
From: Pittsburgh, PA
Thanks, I really like the double checking and suggestions.
For the max tow, I would normally agree with this, though for the power boost motor, you already get the 3.73 e-locker and you are limited to a 30gal tank that can't be upgraded to the 36gal. When I was looking at Ecoboost this was on my list. Though they raised the price from $645 on the 23rd and there is a delay for vehicles equipped with maxtow. Lastly as powerboost has pretty low payload, I don't think I could ever take advantage of the added tow rating.
For the max tow, I would normally agree with this, though for the power boost motor, you already get the 3.73 e-locker and you are limited to a 30gal tank that can't be upgraded to the 36gal. When I was looking at Ecoboost this was on my list. Though they raised the price from $645 on the 23rd and there is a delay for vehicles equipped with maxtow. Lastly as powerboost has pretty low payload, I don't think I could ever take advantage of the added tow rating.
Senior Member
Joined: Dec 2013
Posts: 14,975
Likes: 6,035
From: SE Michigan
You should carefully evaluate your financing options.
1) Ford often offers discounted or zero percent financing, and it's almost always better to NOT take these options, take a higher rebate from Ford Credit with a non-subsidized rate, and then refinance the following week with a credit union like PenFed.
2) You should carefully evaluate your plan to put half down and finance the rest for 60 months.
a) depending on the rate, you may be better off investing the full amount, and paying the loan off over the term of the loan, assuming you can handle some market variation. For example, put 12 months of payment in a savings account, 6 months in an 11 month No-Penalty CD, and invest the rest. Then, a year from now, pull another 6 months out of investments...
1) Ford often offers discounted or zero percent financing, and it's almost always better to NOT take these options, take a higher rebate from Ford Credit with a non-subsidized rate, and then refinance the following week with a credit union like PenFed.
2) You should carefully evaluate your plan to put half down and finance the rest for 60 months.
a) depending on the rate, you may be better off investing the full amount, and paying the loan off over the term of the loan, assuming you can handle some market variation. For example, put 12 months of payment in a savings account, 6 months in an 11 month No-Penalty CD, and invest the rest. Then, a year from now, pull another 6 months out of investments...
Thread Starter
Senior Member
Joined: Aug 2016
Posts: 824
Likes: 180
You should carefully evaluate your financing options.
1) Ford often offers discounted or zero percent financing, and it's almost always better to NOT take these options, take a higher rebate from Ford Credit with a non-subsidized rate, and then refinance the following week with a credit union like PenFed.
2) You should carefully evaluate your plan to put half down and finance the rest for 60 months.
a) depending on the rate, you may be better off investing the full amount, and paying the loan off over the term of the loan, assuming you can handle some market variation. For example, put 12 months of payment in a savings account, 6 months in an 11 month No-Penalty CD, and invest the rest. Then, a year from now, pull another 6 months out of investments...
1) Ford often offers discounted or zero percent financing, and it's almost always better to NOT take these options, take a higher rebate from Ford Credit with a non-subsidized rate, and then refinance the following week with a credit union like PenFed.
2) You should carefully evaluate your plan to put half down and finance the rest for 60 months.
a) depending on the rate, you may be better off investing the full amount, and paying the loan off over the term of the loan, assuming you can handle some market variation. For example, put 12 months of payment in a savings account, 6 months in an 11 month No-Penalty CD, and invest the rest. Then, a year from now, pull another 6 months out of investments...
2) You sound like my cousin LOL. If interest rate is less than what you can make by investing, then put money into investments.