I got my 2023 MachE Prem with Extended Battery.
Amount Financed : $51,097.86
APR: 6.9%
Finance Charge: $10,674.91
Number of Payments: 47
Final Payment: $23,641.20
Monthly Payment: $811.31
Purchased with a 4year Ford Options plan. 15k mi/yr. I got a horrible interest rate but didn't care...
OPTIONAL EQUIPMENT STAR WHITE MET TRI COAT $795
91KWH USABLE EXT BATTERY $8,600
cars.com ad: https://www.cars.com/vehicledetail/e6acc3f9-0c4a-4971-8fd6-212224ec5f0b/
Sorry if this has been asked already but I couldn’t find it.
I purchased my MME in December using the Ford Options and I don’t understand how the interest is being calculated. My Plan was to make larger payments of $1500. Here are the Contract Details:
Amount Financed : $51,097.86
APR: 6.9%...