HunterSmitty

Whats their price with the lower interest rate? At 49650 loan at 3.99, you pay $6262 in interest over 72 months. At 1.99% you'll pay 3064 in interest over the same period. So if the rebate is under 3200, you'll be better off taking the lower interest rate.

HunterSmitty

Also, do you have the sticker price on this truck? It just seems too high overall.

magblue10

If your rt which it seems you are then they are trying to squeeze everything out of him. I think it's 3500 in rebates so he is not getting much from them at all. I would shoot for 10% off the sticker plus rebates. It's not coming out of there pocket for rebates. If not shop around. It's the end of the month I'm sure they want to move inventory. If he doesn't ask the answer is always no. Start low and squeeze them

vic_s197

Original sticker price is 49500 if I buy it for that price I can get it for 1.9% but my payment would be higher . At 3.9 % at 45000 for 776 a month. If I do rebates they said my interest would be higher roughly around 10% which I don't want.

magblue10

They are full of ****. Like I said earlier if you have good credit which you must if they are giving you 1.9 then have them shop banks. Chase and bank of America have rates in the 3s for 72 not 10% unless I read what you said wrong. I got mine with the rebates for 72 from chase mine stickered about 4 less but I was upside down too trading in a 2010

HunterSmitty

Ya this isn't a good deal at all in my opinion. I'd think somewhere around 42k at 1.99% financing, and 29k for yours. This would mean you finance around 45000 at 1.99% for a payment of 663.57 over 72 months.

Their invoice on that truck is probably around 45k minus rebates. So they'd definitely be making money on this deal.

What state is this so someone can verify some numbers with rebates offered?

vic_s197

What r u guys paying monthly if u dont mind me asking? They were originally gunna give me 0% but at 950 a month which I don't want. What do I gotta tell them so I can get it down from 45000? And keep that low interest rate? Besides shopping around banks cuz there goin through ford credit right now

vic_s197

The ford dealership is in Greeley, colorado

HunterSmitty

Sorry vic, its so hard to compare for me in Canada. You should go to truecar.com and price up the truck with your exact options. That will give you the invoice cost of the vehicle, and then you should subtract the rebates from that. From what I can tell, you quality for 1500+1000 in rebates.

magblue10

There finance guy or floor manager should be searching banks for you it's there job you are not required to use ford credit. You should get all applicable rebates accept for the ford credit rebate. I think your dealer over there isn't working with you. They know u like the truck so they aren't helping you out much. Keep dealing or tell them your going to go to Denver and get the deal there or tell you spoke to manager at a dealer and you have the same truck for 1500 less and equal trade. You've love to do business with them if they match but if not you going to dealer x.