Current Finance Rates

[VegasWeezy]

Anyone actually take delivery on their MME and close financing in the last 7-10 days? If so, I'm curious what the current interest rates are that you are being offered. It seems many auto makers have increased their financing rates by up to 1.5% in the last month or two.

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[RickMachE]

You can get the rates from the time of ordering, which would be lower, in the Ford Options plan.

 

[TonyaE]

If this helps, I got quoted 2.79% up from 2.49% at coastal federal credit union. I have 2 months to go, not sure if that will hold up.

 

[TonyaE]

You can get the rates from the time of ordering, which would be lower, in the Ford Options plan.

I wish we had that option in NC

 

[connoisseurr]

You can get the rates from the time of ordering, which would be lower, in the Ford Options plan.

Exactly this.

I know many on the forum who have elected for Ford Options, if there was a finance incentive for their state, and then refinanced with their preferred lender should a lower rate have been available.

 

[VegasWeezy]

If this helps, I got quoted 2.79% up from 2.49% at coastal federal credit union. I have 2 months to go, not sure if that will hold up.

What was the term length on this? Just checked out their website and it shows 2.79 to 4.38% on terms of 67 to 84 months. But the 2.79% also falls inside the ranges given for terms of up to 48 months and 49 to 66 months.

 

[TonyaE]

60 months

 

[VegasWeezy]

Exactly this.

I know many on the forum who have elected for Ford Options, if there was a finance incentive for their state, and then refinanced with their preferred lender should a lower rate have been available.

If I'm not mistaken, I believe the Ford Options plan is not available to me in Nevada.

 

[Younger8027]

I picked up my MME last Friday. Dealer offered financing through a local credit union. 2.29% for 51 months. FMC was at 2.79.

 

[Tngo23]

If I'm not mistaken, I believe the Ford Options plan is not available to me in Nevada.

I am in CA and used the Ford Option @1.4%, 48 mo. plan when I picked up my MME on 3/31/22 with Folsom Lake Ford.

Curious on why would Ford not offer the same option plan for all States?

 

[wkf94025]

In early December I ordered an F-350 CC Powerstroke 4x4 and a Mach-E GT from Tom Hillier Ford in central California. Took delivery of the F-350 yesterday. Golden 1 credit union gave me 3.04% for 72 months. Stoked. Would I have liked for the rate to start with a 2? You bet. Am I bummed? Not in the least. Hoping to get something close to that when my Mach-E GT arrives June-ish. Being built now.

By the way, I highly recommend Brian Orr at Tom Hiller Ford, whether ordering a Mach-E or truck. He honored early December pricing, and kept me updated all along the way. #CustomerForLife.

 

[TonyaE]

I am in CA and used the Ford Option @1.4%, 48 mo. plan when I picked up my MME on 3/31/22 with Folsom Lake Ford.

Curious on why would Ford not offer the same option plan for all States?

Probably my stupid state, not Ford. I’m just guessing.

 

[mep1952]

I am in CA and used the Ford Option @1.4%, 48 mo. plan when I picked up my MME on 3/31/22 with Folsom Lake Ford.

Curious on why would Ford not offer the same option plan for all States?

1.4% was the special rate on GTPE's only. I think some states don't allow the option financing because of the balloon payment. That's how it was on mortgages in certain states.

 

[Amato]

Anyone actually take delivery on their MME and close financing in the last 7-10 days? If so, I'm curious what the current interest rates are that you are being offered. It seems many auto makers have increased their financing rates by up to 1.5% in the last month or two.

Picked up a MME premium yesterday. Ford Motor credit was 2.74% for 72 mths. I believe this is only valid through May 2, after that the May financing deals will apply. I have excellent credit and PA dealer told me this rate was better than any other options they had.

 

[MW1515]

You can get the rates from the time of ordering, which would be lower, in the Ford Options plan.

Wow that would be great. Is this documented somewhere so we can show the dealer? Or is it in the fine print on Ford's site about Options?

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