SDMMEGT
Well-Known Member
- First Name
- Grant
- Joined
- Dec 10, 2021
- Threads
- 3
- Messages
- 48
- Reaction score
- 20
- Location
- San Diego
- Vehicles
- MME GT
- Thread starter
- #1
If this is somewhere else on the forum, I apologize, but will say I have been looking for over an hour and just said to heck with it, I'll make a post and take the "this was already posted about" comments.
Think this is a simple one, but getting ready to take delivery and looking at all my options here. Since the X-plan/Options Plan is kind of like a financing and lease hybrid, can you buy down your "lease" with Ford Options/X-plan? For example, let's say you put down $20k when you buy it and let's say that makes your payment $500, then 6 months goes by and you get your rebate for $7500 so you decide to put it down on the MME. Does that now lower the monthly payment moving forward from the original $500 to whatever it would be or does it just pay down the principal so you will basically reduce the term of the lease? I know you can't usually buy down your lease payment, but with the X-plan being a pretty new thing on the market, I just thought I would ask if anyone has done this and if it lowered the payment. Thanks!
Think this is a simple one, but getting ready to take delivery and looking at all my options here. Since the X-plan/Options Plan is kind of like a financing and lease hybrid, can you buy down your "lease" with Ford Options/X-plan? For example, let's say you put down $20k when you buy it and let's say that makes your payment $500, then 6 months goes by and you get your rebate for $7500 so you decide to put it down on the MME. Does that now lower the monthly payment moving forward from the original $500 to whatever it would be or does it just pay down the principal so you will basically reduce the term of the lease? I know you can't usually buy down your lease payment, but with the X-plan being a pretty new thing on the market, I just thought I would ask if anyone has done this and if it lowered the payment. Thanks!
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