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zrizik99

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mik06

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Off-topic:

I realize you were probably just being flippant about Ford’s high debt level, but if this topic interests you at all, you may be surprised to learn that most of that debt is at Ford Motor Credit, the company’s finance division which is effectively a huge, internal bank that finances car purchases.

A couple of months ago, Barron’s reported that Ford Motor Credit had roughly $130 billion in auto loan and lease assets and $15 billion in cash on the balance sheet. Ford Motor Credit assets, like any other bank, are loans and not plants and inventory like Ford’s automotive operations. Ford Motor Credit finances those loans using about $140 billion in total debt and $14 billion in equity.

The assets—the cash and loans—don’t balance exactly with the liabilities because there are a few other categories of assets and liabilities excluded for simplicity. Total assets at Ford Motor Credit are about $155 billion. That’s large enough to make Ford’s finance arm a top-20 bank in the U.S.

The rest of Ford has about $24 billion in debt. The car company also lists about $29 billion in cash on its books. When the car and finance company are separated, it shows the car company has more cash than debt.

TL;DR - Ford does not have a liquidity problem.

Source: https://www.barrons.com/articles/fo...hidden-value-inside-ford-motor-co-51606676484
Hey stop letting the truth get in the way of a good story!
 

Lorenzo

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Okay, California. Gross is leaving your firearm unsecured in your vehicle, but yeah, it's just a lockable drawer, calm down.
I mean FIREARMS ARE GROSS - the drawer is pretty nifty, I can put my laptop in it - because I'm "California" - where we invented the internet. - Mr Texas
 

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JesseS

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The 2.3 Ecoboost tune in the Ranger adds 45 HP and costs $825 and includes 3 yr 36,000 mile warranty when installed by Ford dealer or ASE certified shop.
Yes, but I can get the same tune from 5 Star Tune, and I already have the Ford programmer, so $300-$400 tops and do it myself, takes 5 minutes unless you're doing K&N and cold air.
 

Gamecock

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I mean FIREARMS ARE GROSS - the drawer is pretty nifty, I can put my laptop in it - becasue I'm "California" - where we invented the internet.
Seriously? You believe that? You may not be a Bronco type person then...more of a Miata/Prius dude. Sorry, keep moving.
 

Bschurr

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Thanks for sharing all this gear!

Anyone know of a solid tuner for the 2.7?
 

Ironjamzz

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Yes, but I can get the same tune from 5 Star Tune, and I already have the Ford programmer, so $300-$400 tops and do it myself, takes 5 minutes unless you're doing K&N and cold air.
Can we come over and you help us?
 

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JesseS

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Do they make a console vault that can hold rifles and shotguns?
Onlt if you have a break down, with a folding stock!
Thanks for sharing all this gear!

Anyone know of a solid tuner for the 2.7?
I have a SCT Ford tuner, seems to work well, has all of the normal functions.
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