Sweet car. Very nice choice you made.Technically the Foothills Rec lot next to DRHS
In the last post before this you wrote “Same down payment with financing for 36 months at 1.9 has total payments of 50,544.”
Well, I had to change the math to reflect changes in duration of paying off the vehicle. As I'm looking at it...if I refinance the balloon the best way to compare apples to apples is compare total cost spent over the same duration whether financed or using options plan as I did above either financing for 36 months at 1.9 and paying balloon at end, or paying a longer duration on finance to reflect the longer duration utilizing options.
Haven’t bothered doing any until I know what the options are at the time my vehicle gets here which will hopefully be this year. As long as my bank keeps offering me 1.89 to finance directly it’s going to be tough for Ford options to be worth it based on having to finance the balloon at the end unless the $2500 incentive sticks. And, complicating things more, negotiating the trade in value may be easier with Ford Options, or it might be better to just sell to carmax before I walk into the dealer. No point in doing it until I have real numbers to look at.
My plan for trade in is to see what the dealer offers - if reasonable take it. If not, keep current vehicle and sell to Carmax (or similar) afterwards. I will likely get less on the trade in, but you get the sales tax offset which is worth about $2k on its own (Edit - for me in NY with our trade)
Where'd you get it done?
That's interesting. I wonder if it had to do with the fact I was putting zero money down. He had the same 12000 miles/year. I don't have the exact numbers because I didn't keep the paperwork, but I do have written down that the balloon payment would be $36730. That seems high compared to yours. My MSRP was $64440...perhaps yours is different with putting the money down? Or maybe he gave me the wrong amount? And I was able to get a 2.9% for 72 months, so that will sway things also.
Well...if I kept it as it was it wouldn't really make any sense in my mind.
I’m not interested in starting an argument with you especially when you continuously shift the goal posts. Now you are concerned about the monthly payment but really the options requires you to save that $800 that you aren’t spending to have it for the balloon payment. Whether you are paying ford $600 and then saving $800 or paying $1400, that money still needs to go into the car.
Why would we be arguing? I'm showing the math in different ways. I'm not moving goal posts I'm changing up the potential options.
Im happy to hear your dealership experience was better than others. My Premium is scheduled to arrive between this upcoming Friday the 15th - Thursday the 21st. ( ????) Super excited ?! I join mustang of America back in May when I placed the order. How early did you request your X-Plan pin? Does it expire?
I requested it the morning the dealer called me...took all of 2 minutes on the website to do it. I didn't look at the expiration of it, so I'm not sure if there is. Then all they did was ask for an ID or paystub while I was there. Good luck with yours!
approximately how much do you save with x plan? Thanks
