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Anyone else get a Pre-Approval notice on their Bronco Reservation?

wilmerfjohnson

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I have 2 reservations, a FE and Base. Both of them show the same pre approval amount. Anyone from FoMo Credit lurking, and can tell me if that pre approval is for each reservation, or if it is the total that I can spread across both reservations? (Yes, I am going to buy both.)
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Trailrunner

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Got 110,000 but will use cu, pre-approved but most likely change to base Sasquatch with 2.7 from BD. Got tired of the cyber orange and will most likely go for velocity blue.
 

Cheshire

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Got bored and logged into my account on Ford site and noticed a Pre Approval from Ford Credit on there. Anyone else one else see these yet? Sorry if this is a repost.

pre approval.PNG


pre approval 2.PNG
If you're not seeing $110,000, then your credit rating needs work. If your credit rating needs work, you're probably better off not buying an expensive new vehicle on credit.

Being debt free may be the best way to increase happiness and decrease stress!
 
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j_marinelli

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If you're not seeing $110,000, then your credit rating needs work. If your credit rating needs work, you're probably better off not buying an expensive new vehicle on credit.

Being debt free may be the best way to increase happiness and decrease stress!
Okay Dave Ramsey ?
 

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subshooter

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I got $110k preapproval. I've never had an auto loan and never bought Ford (or frankly an American car). FICO score of 810 though and a $35k limit on the card that I used for my reservation. Maybe that's it?
 

Grooticus

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So yeah this is interesting. Thanks for the heads up. I think it is Ford just trying to get people to use Ford Financing.

Ford Finance.JPG
Are you guys all in Canada? $73,000 and $110,000? Those shouldn’t be USD
 

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Yep. Just checked mine. Pre-approved. In the US.

For those of you that got the Pre-approval notice, when did you get your reservation in? I got in at 4am on 7/14/2020.

Just wondering if the prescreening is being done in order of reservation time.
 
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subshooter

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Unless you’re buying two I don’t see how anybody could get to $110,000. Unless Ford rate is like 15%
I only reserved one vehicle on July 22nd. It's in USD. It must be an algorithm they used since there is no way anybody is paying $110k for a Bronco. It also must have a cap of $110k as I can afford a much more expensive car.
 

Ronco96

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Yep. Just checked mine. Pre-approved. In the US.

For those of you that got the Pre-approval notice, when did you get your reservation in? I got in at 4am on 7/14/2020.

Just wondering if the prescreening is being done in order of reservation time.
I also got Pre-Approval I have a 7/19 resorvation.

Also in the mail today I got a “Special Offer” for the FordPass Rewards Visa Card.
 

BroncoJay

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If you're not seeing $110,000, then your credit rating needs work. If your credit rating needs work, you're probably better off not buying an expensive new vehicle on credit.

Being debt free may be the best way to increase happiness and decrease stress!
Ur joking right? Not sure because this is a pretty funny- well stupid statement..
I have amazing credit and a 825 credit score and I didnt get approved for $110k
I didn’t authorize a credit check on my assets and this was most likely a BS approval that far too many people are taking too serious...
 

RunNGunArk

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jlj4660

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It's pretty standard with ford credit. Own a business that runs Fords and buy them personally. Get letters for both about every 4 months
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