Urgent help needed. What's the final price to pay for Mach-e after all the paperwork?

[bharos92]

I signed the papers, but yet to complete down payment. So will it be possible to "re-verify" and create the agreement again without the extended warranty

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[shelnian]

Thanks. So I did get my paperwork done....

Can someone please cross check this and share whether this looks fine....

There are couple of things I wanted to confirm.
1. Since this is my first car, they said the best loan I can get is for 36 month at 3.9% . I put 20k downpayment. I know this is high and my credit score is above 700...what are my options to refinance easily?
2. The same happened to me, and I added 2.5k extended warranty from "MPP", for the 7 year/100k miles thing.
They kept on insisting and I added it after they said it is free to cancel within 30 days...
So should it be fine to cancel as soon as I get the car by just calling MPP ??


Please advise on the above, I'm going to pick my car tomorrow, although I have signed the documents, so any last minute adjustments, I can try tomorrow... Also, someone please go through the attached receipt (my plan although has the 2.5k extra, which makes it ~57600 which I intend to cancel and get the full waiver of 2.5k soon) ... Thanks!

You should should get a $2000 cash rebate for financing with the Ford Options plan. I believe the Ford Options plan had an interest rate of 1.4% or 1.9% back in January, so they should honor that. Ask for the incentive protection program report for your VIN.

 

[bharos92]

You should should get a $2000 cash rebate for financing with the Ford Options plan. I believe the Ford Options plan had an interest rate of 1.4% or 1.9% back in January, so they should honor that. Ask for the incentive protection program report for your VIN.

But I don't qualify currently for the X plan . My previous employer had support for the xplan, but I don't have it anymore... :-/

 

[macchiaz-o]

But I don't qualify currently for the Ford options plan . My previous employer had support for it, but I don't have it anymore... :-/

You're thinking of X-plan.

Ford Options is a type of loan.

https://www.ford.com/finance/finance-options/ford-options/

 

[bharos92]

ok, I have a basic question. I have signed the papers already. I'm yet to do the downpayment.
I signed papers today and returned as it was already late.
Is it possible to change any of these now? I'll be going in tomorrow completing down payment and taking the car, but I have "signed" already.
Can I still explore ford options / ask them to remove the additional warranty ?

 

[macchiaz-o]

ok, I have a basic question. I have signed the papers already. I'm yet to do the downpayment.
I signed papers today and returned as it was already late.
Is it possible to change any of these now? I'll be going in tomorrow completing down payment and taking the car, but I have "signed" already.
Can I still explore ford options / ask them to remove the additional warranty ?

I doubt you could make any changes without risking your good deal.

The extended service contract could be cancelled after you settle everything tomorrow, if need be. Read and follow the instructions in the contract for that.

 

[dmitry]

The deal looks fine! Good job! ?
If you signed with ext. warranty no big deal. There’s no urgency to cancel immediately and sign paperwork’s again. In most cases you can cancel it at any time, just be prepared to receive this money can take few months. If you cancel in 30 days usually they send refund to your loan account. And sometimes you need to call them few times to be sure they started refund and mailed check. Take business card of your financial manager and sales person.

 

[Mach-Lee]

This is a Premium RWD standard battery, MSRP $49,875. So OP paid sticker price.

 

[bharos92]

Apart from the extended warranty, the only problem I have is that the 500$ reservation fee is not incorporated in the billing. But the salesperson told I could discuss it with finance but somehow it fell through. But since I haven't paid my downpayment, I assume I can just ask them to discount the 500$ tomorrow as I already have the proof that I paid it for reservation... Hope that will work...

 

[dmitry]

Apart from the extended warranty, the only problem I have is that the 500$ reservation fee is not incorporated in the billing. But the salesperson told I could discuss it with finance but somehow it fell through. But since I haven't paid my downpayment, I assume I can just ask them to discount the 500$ tomorrow as I already have the proof that I paid it for reservation... Hope that will work...

If you have the proof, no problems should appear.

 

[67 Stang Convertible]

Apart from the extended warranty, the only problem I have is that the 500$ reservation fee is not incorporated in the billing. But the salesperson told I could discuss it with finance but somehow it fell through. But since I haven't paid my downpayment, I assume I can just ask them to discount the 500$ tomorrow as I already have the proof that I paid it for reservation... Hope that will work...

Yes, your down payment should be less the ($500) you already put towards the car and I'd make them redo the paperwork to reflect that. Anyway, consider yourself lucky you got this car at MSRP!!! I did as well and did an extended warranty; that hopefully I never use. Good Luck and ENJOY!!!

 

[shelnian]

Apart from the extended warranty, the only problem I have is that the 500$ reservation fee is not incorporated in the billing. But the salesperson told I could discuss it with finance but somehow it fell through. But since I haven't paid my downpayment, I assume I can just ask them to discount the 500$ tomorrow as I already have the proof that I paid it for reservation... Hope that will work...

I would also ask for the $2000 rebate and the Ford Options plan. Did you sign finance paperwork. Not sure what you signed.

 

[bharos92]

I would also ask for the $2000 rebate and the Ford Options plan. Did you sign finance paperwork. Not sure what you signed.

I did sign the paperwork...but yet to pay downpayment

 

[sukhoi_584th]

You can buy the Ford extended warranty online at likely much lower prices than your dealer from Flood Ford or Anderson and Koch. It's legit and you can use the warranty at any Ford dealer.

When I was buying my ICE Mustang the dealer finance guy couldn't believe the prices. He showed me his ordering screen and their prices literally are the dealer cost. He said they must be getting incentives from corporate on warranty sales volume because they aren't making any money on the warranty sale.

 

[MachKet]

I did sign the paperwork...but yet to pay downpayment

If you haven't provided the downpayment yet and taken delivery you can unwind it, use the options to get 2k

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