Best interest rate from Ford

[saurez7777]

anyone has any idea about the interest rates provided by Ford for MME? my dealer is quoting 3.99 for 72months and 4.99 for 60months...looks expensive...

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[benk016]

When I took delivery there was 0.9% and 1.9% depending on term length.

They first tried telling me ford was offering 14% and I should use one of their other banks to finance at 7%. Then they "found" the better rates from Ford when I said ford's site said otherwise.

 

[eltonlin]

When I took delivery there was 0.9% and 1.9% depending on term length.

They first tried telling me ford was offering 14% and I should use one of their other banks to finance at 7%. Then they "found" the better rates from Ford when I said ford's site said otherwise.

0.9% is for Tier 0/1 and for terms 36 - 48 months.... though this is for the US. Not sure abooouuuut Canada

 

[GoGoGadgetMachE]

0.9% is for Tier 0/1 and for terms 36 - 48 months.... though this is for the US. Not sure abooouuuut Canada

yeah, you need to translate those to metric Canadian percentages. Don't know what the conversion rate off the top of my head.

 

[benk016]

0.9% is for Tier 0/1 and for terms 36 - 48 months.... though this is for the US. Not sure abooouuuut Canada

Ahh, I replied on my phone and didn't see OP is in Canada. My bad.

 

[silverelan]

When I took delivery there was 0.9% and 1.9% depending on term length.

They first tried telling me ford was offering 14% and I should use one of their other banks to finance at 7%. Then they "found" the better rates from Ford when I said ford's site said otherwise.

14%?? That's loan shark territory.

 

[MachE2021]

My credit score was 840 and I had the option of 0.9% 48 months finance or Ford options 2.25% with $2500 credit for 36 or 48 months. They were unable to go any lower than those rates.

 

[machefan]

My credit score was 840 and I had the option of 0.9% 48 months finance or Ford options 2.25% with $2500 credit for 36 or 48 months. They were unable to go any lower than those rates.

It’s the current rates, expires 3/31 with the next quarter unknown.

I posted the exact Ford docs in another thread but as CC noted it’s not for CA.

not sure what is offered there but think it’s similar.

 

[JuliaSWMME]

anyone has any idea about the interest rates provided by Ford for MME? my dealer is quoting 3.99 for 72months and 4.99 for 60months...looks expensive...

I just picked up yesterday and financed through CIBC through the dealer. Going through the actual dealer only offered 4.99/5 yrs. CIBC could have done 3.99 for up to 8 yrs. For an idea on numbers, I put 15 down and will pay 483 biweekly inclusive of taxes, interest and extended warranty on a 5 yr term.

 

[machefan]

I just picked up yesterday and financed through CIBC through the dealer. Going through the actual dealer only offered 4.99/5 yrs. CIBC could have done 3.99 for up to 8 yrs. For an idea on numbers, I put 15 down and will pay 483 biweekly inclusive of taxes, interest and extended warranty on a 5 yr term.

Sounds about right, US is the following.

 

[saurez7777]

My friend bought tesla MY last week and he got 1.9% for 6yrs from scotia bank.... I don't know why MME is expensive interest rate wise..

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