Metal_Horses
Well-Known Member
- First Name
- Dave
- Joined
- Jul 23, 2020
- Threads
- 15
- Messages
- 251
- Reaction score
- 373
- Location
- Cleveland, OH
- Vehicles
- 2022 GTPE, 2022 Bronco 2D SAS, 1985.5 Mustang SVO
Compare that to a 48 month loan straight buy loan at .9% (Still get the $2,500 rebate):With the $2,5000 Incentive that is a pretty good offer.
If I calculated right, when you make the 48th payment (balloon) you will have paid $51,343 or about exactly the selling price of the vehicle.
So the $2,500 Incentive covers the interest cost.
My zip area shows only a $1,000 Incentive for the Option Plan though.
About $752 in interest paid over 48 months. Higher monthly payment but MUCH lower interest paid (If one can swing it)
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