Bronco Financing Questions

[Kenlutzintero]

Hello all,
I know on the bronco sport they ran special financing for even up to 0% finance. I know a lot prob had to do with COVID. But just wondering if anyone has heard of any special financing options for the bronco?

Thanks!

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[BroncoBill4382]

Have not heard of any, You might want to check with your bank or Credit Union.
I have 1.39% locked in for mine from my Credit union, not seen any others lower here.

Unleash the comments!!! LOL

 

[Cousin Eddie]

Nothing.

 

[MaverickMan]

I will be lucky if I get less than 10%. Never had a credit card but once had good credit from small loans for classic cars. Dayton Power and Lights screwed that for me when they wouldn't cut off my service when I moved to Hawaii. Ohh well my wife has good credit

 

[Bodge Garage]

Financing deals are akin to giving a discount with the goal of driving sales. At this point Ford has no reason to do this with the order conversation rate as it stands. I don't suspect any deals on Bronco for a number of years.

 

[BroncoAZ]

With the likelihood of inflation around the bend I can’t see interest rates staying low forever. I doubt there will be 0% deals in a year. I wish I could write the loan now and start making the payments sooner. A great strategy would be to calculate a payment now and start saving that amount monthly until the truck arrives, then use that money as a down payment to reduce the loan payments later.

 

[DeltaBravo]

Buy in cash

 

[GoldenKnight]

I don't well see zero percent, but Ford Motor Credit is generous with financing when you've got good credit. They offer 0% on most of their models, even the ones like F150/Explorer that sell very well.

 

[tyrobronco]

Financing deals are akin to giving a discount with the goal of driving sales. At this point Ford has no reason to do this with the order conversation rate as it stands. I don't suspect any deals on Bronco for a number of years.

While I agree, Ford Credit will want to get people to finance with them instead of banks, lenders, and possibly credit unions.

They need to be at least competitive. And 5% ain't that.

 

[GoldenKnight]

While I agree, Ford Credit will want to get people to finance with them instead of banks, lenders, and possibly credit unions.

They need to be at least competitive. And 5% ain't that.

I expect to see 2% or less from them.

 

[Kenlutzintero]

Buy in cash

Well that’s my plan if there aren’t favorable financing terms

 

[Kenlutzintero]

I expect to see 2% or less from them.

I’d be happy with anything under 2 percent anything over I’d prob just pay cash

 

[LarryZiegler]

Financing deals are akin to giving a discount with the goal of driving sales. At this point Ford has no reason to do this with the order conversation rate as it stands. I don't suspect any deals on Bronco for a number of years.

You are a bit wrong there. The current Fed Rate is below 1%, thus the typical loan rate of 2.5-3% make money for the lender.

 

[BroncoAZ]

I didn’t want to come in as the new guy here with the pay cash mantra, but yes I agree where possible. I hate monthly debt. I’ve taken 72 month loans on my vehicles, but the last three were paid off in 19, 14, and 1 months.

Far too many people live paycheck to paycheck and make poor decisions that keep them poor. I fell into the trap in my 20’s and paid for it in my 30’s. Now in my 40’s I could pay cash for whatever new truck I want. That last truck I paid off in a month was my 2020 Raptor.

 

[Bodge Garage]

You are a bit wrong there. The current Fed Rate is below 1%, thus the typical loan rate of 2.5-3% make money for the lender.

I guess I was un clear in my thoughts. I was speaking of the referenced 0% offer. I dont see Ford lending for nothing on this model. A discounted rate, sure I can see that.

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