Poll: Ford Options vs Finance

How are you paying for your Mach E?


  • Total voters
    243

back_at_it_19

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Where in the country is the Options incentive $2500
It’s by zip code actually and can change but mostly CA NY FL(?) where there is significantly more competition with other EV manufacturers. It’s $1000 everywhere else including in WA (a very EV-friendly state).





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GoGoGadgetMachE

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It’s by zip code actually and can change but mostly CA NY FL(?) where there is significantly more competition with other EV manufacturers. It’s $1000 everywhere else including in WA (a very EV-friendly state).
I had it in Ohio. I don't know exactly what the logic Ford is using is; it's not clear to me at least at all.
 

generaltso

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It’s by zip code actually and can change but mostly CA NY FL(?) where there is significantly more competition with other EV manufacturers. It’s $1000 everywhere else including in WA (a very EV-friendly state).
It's $2500 in Vermont. At first, I thought it was the ZEV states, but it doesn't seem to follow that list, so I have no idea how they decided.
 

GoGoGadgetMachE

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It's $2500 in Vermont. At first, I thought it was the ZEV states, but it doesn't seem to follow that list, so I have no idea how they decided.
I've thought about it more and I think I know how they decided. there's a convenient web site they leveraged.

https://bit.ly/3wBMMxY
 

OttawaGuy

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I'll go third party financing, because of a better rate and well there is no Ford Options in Canada
 

exact33

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I received a $1k incentive from my dealer and 2.00% for 5years from my local credit union.

I tried options but the dealer quoted me 7% even though the Ford website showed otherwise.
 

HuntingPudel

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Ford’s payment calculator shows me the same interest rate for either 36 or 48 month Options. My credit unionks rate is higher than that by quite a bit for a 60 month loan. Looks to me that the Options plan then using my credit union to finance the balloon payment for a shorter period would be better for me than traditional financing or my credit union.
 

generaltso

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Ford’s payment calculator shows me the same interest rate for either 36 or 48 month Options. My credit unionks rate is higher than that by quite a bit for a 60 month loan. Looks to me that the Options plan then using my credit union to finance the balloon payment for a shorter period would be better for me than traditional financing or my credit union.
Ford Credit will let you refinance the balloon payment for up to an additional 3 years at the same rate as the initial term (currently 2.25%).
 

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