"Ford Options" Mach-E Lease vs standard lease - similarities and differences

[hybrid2bev]

I'm in the same boat here. My GT is scheduled to be delivered in early May, But my dealer has no clue about Ford Options. The Finance Manager is old-school and doesn't understand how it works. Can I find out who his Ford Credit dealer representative (BDM) is and connect them? Or is there a better approach? I've heard many of their customers have been frustrated at not being able to arrange Ford Options financing through them.

If you or @hybrid2bev have any advice, I'd appreciate it very much!

Can you talk to the BDM, no. But your dealer can and should.

Typically I recommend having the dealer attempt their own research (the training materials are readily available). It's a bit early to engage the Ford Credit rep at this point. In the month between now and May the dealer will just forget what was done/said. Normally I recommend engaging closer to the actual delivery, like the week before or after the car actually arrives.

But if you want you can DM me and we can get the ball rolling now.

Sponsored

 

[BluePony]

Is Ford Options based on where you register the car? Not where you purchased?

I see $2500 bonus cash on the website and I'm in Maryland. However will be purchasing the car from a dealer in Pennsylvania

 

[macchiaz-o]

Is Ford Options based on where you register the car? Not where you purchased?

I see $2500 bonus cash on the website and I'm in Maryland. However will be purchasing the car from a dealer in Pennsylvania

The incentive is based on your residence zip code, not the dealer location.

 

[roz]

Does anyone know what the current APR is for traditional financing? I hope to be taking delivery soon and want to compare in case dealer does not allow me to do ford options or gives me a crappy rate.

 

[hybrid2bev]

Does anyone know what the current APR is for traditional financing? I hope to be taking delivery soon and want to compare in case dealer does not allow me to do ford options or gives me a crappy rate.

If you go to the Ford website and pretend to order a Mach-E you can see the current programs. Click on the calculator button in the upper right. Programs for all non-GT trims are the same, so either a Select or GT trim would work.

 

[roz]

If you go to the Ford website and pretend to order a Mach-E you can see the current programs. Click on the calculator button in the upper right. Programs for all non-GT trims are the same, so either a Select or GT trim would work.

Thanks! When I tried it, it gives me the option to enter whatever APR I want, but I assume since it defaulted to 2.49% then that's the current best rate?

 

[Triggerhappy007]

Thanks! When I tried it, it gives me the option to enter whatever APR I want, but I assume since it defaulted to 2.49% then that's the current best rate?

I find that you can use a dealer's website in your area that has a Mach-E in stock. It should show the current rates for the Mach-E on the page of the car.

 

[generaltso]

No, you selected Finance, select the 2nd one that says Ford Options Plan.

But they're asking about traditional financing.

 

[Triggerhappy007]

But they're asking about traditional financing.

Lol, my bad. Now you know why I'm Triggerhappy.

As for me, I bought my car last Saturday and it was the first time the finance guy did Ford Options. He said he would have to email online docs for me to sign on Monday. I signed them and I got a call yesterday. He said I didn't qualify for the $1000 rebate. I told him I did for financing using Ford Options. He said he would email me so I can send him a screenshot of the Ford Options $1000 rebate. He hasn't emailed me yet so hopefully he figured it out. At least they priced it with the rebate when I signed the paperwork.

 

[GregL]

You should be eligible for the option plan available when you ordered the car.

Having the option to go with a Ford Credit finance option in effect at the time you placed your order would be great but it is my understanding the existing Ford Credit finance option at time of delivery is your only finance option. Any clarity on this issue much appreciated.

 

[kennethjk]

Having the option to go with a Ford Credit finance option in effect at the time you placed your order would be great but it is my understanding the existing Ford Credit finance option at time of delivery is your only finance option. Any clarity on this issue much appreciated.

I can only tell you what my dealer told me

all options available at time of order are good until time of purchase and I could choose the better of time Of order or what was available at time of purchase

 

[GregL]

all options available at time of order are good until time of purchase and I could choose the better of time Of order or what was available at time of purchase

That is very good news! Thanks

 

[Dancefreak]

Yes, the residuals are quarterly. So they are good through 3/31/2022.

Would you happen to know the Q2 residuals on options?

 

[Neil4Real]

Thanks! When I tried it, it gives me the option to enter whatever APR I want, but I assume since it defaulted to 2.49% then that's the current best rate?

If you're in San Diego, I haven't heard of any dealers out there refusing Ford Options, but just reach out now... in California, it makes no sense to get traditional financing since you get the $2,500 Ford Options rebate.

 

[roz]

If you're in San Diego, I haven't heard of any dealers out there refusing Ford Options, but just reach out now... in California, it makes no sense to get traditional financing since you get the $2,500 Ford Options rebate.

Thanks! I do plan on using Ford Options, just wanted to compare in case they tell me it’s not an option. My car just got delivered so fingers crossed that everything will go smoothly!

Sponsored