jennabo
Well-Known Member
- Joined
- Jan 7, 2022
- Threads
- 1
- Messages
- 105
- Reaction score
- 56
- Location
- Riverside, CA
- Vehicles
- 2022 MME Premium ER AWD
- Thread starter
- #796
@Bigfeets I actually felt a little guilty posting this because I was thinking about how long you’ve been waiting.
Picked her up from dealer yesterday. Our experience was mostly good, except for finance. The finance guy kept making comments about how he didn’t understand why anyone would want to do Ford Options. When I explained that it was basically a safeguard that guaranteed that we could get at least $25k (amount of balloon) for our car if we decided not to keep it at the end of the term, He tried to tell us that it didn’t work that way. He said if the car is worth less than the balloon payment (let’s say $15k for the sake of the example), they would only apply $15k to the loan & we would still be responsible for the rest. I politely told him that he was wrong & invited him to read what Ford’s own website says. He was surprised to see that I was right. It’s so disturbing to me that customers know more about this stuff than many dealers.