"Ford Options" payment option

benboy12 · 2019-11-18

The program rules state that the "Maximum Down Payment on Ford Options contracts is 30% of the cash price." $11,400 was max down when I tried to put $30k. But can I pay off loan on second payment and save on interest or do they not offer an early pay off discount?

Thread starter benboy12
Start date Nov 18, 2019
Watchers 9

hybrid2bev

Well-Known Member

Oct 28, 2020

Yes, that could work, later after delivery. You could pre-pay any number of the 35 or 47 monthly payments that you wanted. The contracts are handled like standard retail contracts which are simple interest (not precompute).