- First Name
- Reimund
- Joined
- Sep 29, 2020
- Threads
- 8
- Messages
- 555
- Reaction score
- 1,136
- Location
- Three Hills Alberta
- Vehicle(s)
- 2016 Rav-4, 2005 F-150 Lariat, 2005 PT GT Conv
- Your Bronco Model
- Big Bend
- Thread starter
- #1
It is official. I no longer have a pony in this race. Despite several promised build dates, I was unable to secure any kind of guarantee I would see my Bronco in 2021, and if I did, the price was already going up.
Now before you ask, YES I had a deposit (now refunded) and a signed Order Agreement - BUT I was financing the Bronco. Our American friends have plenty of access to third party financing, but in Canada the banks donāt like financing vehicles. They Will do it, but not at the same (relatively) low rate as the manufacturers. When I had my first build date in June, I was quoted 3.2% financing by Ford. As of Tuesday that rate had climbed to 4.49%. Yes, Ford will honour the sales price offered at time of order, but at a higher interest rate to recoup costs / profit on the sale.
Donāt beat me up too bad. I am in mourning over my decision to cancel. In the end I did it because I do want a vehicle this year, and I have lost all faith in Fordās ability/intent to deliver. I am working with a local Jeep dealer on a 2021 JL (with factory White Hardtop - a dual top model, actually) but would have gladly taken my Bronco even at the higher rate if I could have.
anyway folks, itās been a helluva ride. I wish you all the best with your Broncos, and hope to see you out on the trails.
Now before you ask, YES I had a deposit (now refunded) and a signed Order Agreement - BUT I was financing the Bronco. Our American friends have plenty of access to third party financing, but in Canada the banks donāt like financing vehicles. They Will do it, but not at the same (relatively) low rate as the manufacturers. When I had my first build date in June, I was quoted 3.2% financing by Ford. As of Tuesday that rate had climbed to 4.49%. Yes, Ford will honour the sales price offered at time of order, but at a higher interest rate to recoup costs / profit on the sale.
Donāt beat me up too bad. I am in mourning over my decision to cancel. In the end I did it because I do want a vehicle this year, and I have lost all faith in Fordās ability/intent to deliver. I am working with a local Jeep dealer on a 2021 JL (with factory White Hardtop - a dual top model, actually) but would have gladly taken my Bronco even at the higher rate if I could have.
anyway folks, itās been a helluva ride. I wish you all the best with your Broncos, and hope to see you out on the trails.
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