Ford Finance Incentive-Worth it?
12-04-2013, 01:13 PM
#11
IT nerd geek DORK NERD
I talked to my credit union ahead of time and they told me ford can't hold you to it if it's not in contract. Credit manager started with 3 month line and I asked him to point out exactly where it was stated in paperwork bc I didn't believe him. He then changed his tune and said it isn't stated but they would greatly appreciate me eating 3 months of interest before refinancing so they get their check. I laughed a bit and signed the paperwork.
12-04-2013, 01:31 PM
#12
12-04-2013, 02:09 PM
#13
IT nerd geek DORK NERD
12-04-2013, 04:22 PM
#14
Senior Member
Hmmm my dealer gave me an extra 1,500 on my trade not to finance with fmc..i thought it was weird but hey i got 500.00 plus a better rate with bank of america.im still going to refi with my credit union but i have to wait 6 months for some reason..
12-04-2013, 07:23 PM
#15
Mine was an extra 1500 off to finance with Ford Credit. Did it. Refinanced within next week with my credit union. Done. 1500 dollars off.
12-04-2013, 11:09 PM
#17
i financed with FMC also to get the incentive, but stupid me believed the dealership credit person who said I had to keep it with FMC for at least 3 months before refinancing (my credit union had much better interest rate). Fortunately I only made two payments before looking into it and finding out that wasn't true - the only reason the dealer wanted me to stay for at least 3 months was so they wouldn't lose money (takes that long to break even apparently - make up for the incentive with the interest money). they were probably just unhappy they lost money on your deal... crooks