Will NEVER see any incentives (rates/rebates) on Bronco until there is a healthy supply on dealer lots looking to move. NEVER.
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I was told today that the price guarantee is only if you created your reservation prior to March 19th. Everyone else afterwards has no said guarantee, which I think is a shame since Ford is unable to deliver the Bronco in a timely manner. My opinion is that if you put in the reservation, your price should be set....Period!!!!Inflation is going up, consider yourself lucky if Ford doesn't raise the price with some trickery negating their price guarantee. The rates may be a lot higher than you think, zero chance Ford Credit comes up with numbers like you suggest. Even with fuel and loan costs going up, the lack of Broncos will keep the demand above supply, just might go to more financially secure folks then the original reservation holders in some cases. Last time inflation jumped (in the late 1970's), stock market lost 40% of value over two years and took ten years to get back. In a year or two, the people in the market for a $55k, 17 MPG vehicle may be different then some of the folks who are in it now. My belief that the past is a map to the future may be wrong, hasn't been yet, but... YMMV
This is boomer thinking brought to you by the group that refuses to use credit cards even if they offer cash back.If you have to finance longer than 48 months you should be looking at a less expensive vehicle.
I do not intend to go through Ford for financing. I intend to do my homework and research beforehand and come to the dealership with pre approval letter in hand. Just as I arranged my cost with my dealership, I want zero surprises when I pickup my BroncoFrankly, 5% APR is insulting to those who have stuck it out. Bought my wife a new Telluride, which was hard to find and procure, at 1.9% through Kia. I have reached out to banker in town to see what financing rates are available, to avoid 5%.
You're really asking why finance?Just pay cash. Why finance.
I plan to open up a cash back CC with $1000 signup bonus, swipe $5K, then throw a cashier’s check into finance manager’s ugly face then GTFO with a Bronco.
At this point, my standard reply is almost requiredWE NEED TO START A PETITION ASKING FORD TO OFFER FINANCING INCENTIVES DUE TO THE COMPLICATIONS THEYVE HAD CONCERNING THE PRODCUTION AND DELIVERY OF THE NEW FORD BRONCO. ZERO PERCENT FOR 60 MONTHS, 1.9% FOR 72 MONTHS AND 3.9% FOR 84 MONTHS. YOUR THOUGHTS?
Not this stupid financial philosophy again....If you have to finance longer than 48 months you should be looking at a less expensive vehicle.
That is 100% correct. However if you cannot afford to pay it off in under 48 months you can't afford it. The 2020 Audi I bought last year was $62K. I was able to get .9% for 36/mo. I could have paid cash. I chose to finance half at .9% and invested the other $31k. So far I am making more than the depreciation and putting money in my pocket. The end game is time vs money. If you extend your loan duration too long the depreciation will eat up your investment profits.This is boomer thinking brought to you by the group that refuses to use credit cards even if they offer cash back.
Use the banks cheap money and invest your own.
Educate me oh wise one.Not this stupid financial philosophy again....
No you educate us with your knowledge of the car buying process for millions of Americans.Educate me oh wise one.
SecondI vote for zero percent for 120 months.