Wouldn't that be invoice "minus" $1500 in rebates? Great price btw.
Wouldn't that be invoice "minus" $1500 in rebates? Great price btw.hmm i wonder why that is! I got my car at invoice plus 1500 in rebates so I was satisfied!
If you go with Ford Financing to get that extra $500 off, the APR is 4.9%. You can then refinance through your bank after 90 days. Most banks I believe have about a 1.99% rate so it's worth it. The dealer actually mentioned this scenario while I was talking with them and crunching numbers. Check with your dealer though as it varies as to where you live. In SoCal, they can get $2000 off instead of the $1500 where I live on the East Coast. This includes financing through Ford. So their rebate is $1500 without financing. My dealer said Ford gives better incentives to larger volume dealers/areas. If true, this doesn't make sense to me as it would help with sales in smaller towns with less disposable income compared to SoCal. Ugh.If I am taking the cash rebate, what would be the APR. That's the question. Trying to figure out which one is cheaper.
Now I will let the grape ferments ...
Sorry if this is a dumb question, but what is the 1 month sitting period?For those who care enough to follow my process, I m doing the 1 month sitting period. I always do that. If I still want FiST in late February, I ll get it.