Truck delivered to dealership. Should I start the Ford Financing application now or wait?

[Maverick2023]

Truck has been delivered but still waiting on the dealer to contact me. Should I start the application with Ford or wait until the finance geek to call me?

Sponsored

 

[Fibrepunk]

Call them, just so they don't accidentally "SOLD" your truck to someone else and get confirmation from the dealer. You should start your finance apps with 3rd parties now, and you can deal with the Ford finance app when you are at the dealer, when closing the deal. Compare finance options(best 3rd party vs Ford) and use whichever is best for you.

 

[Timothyd]

Truck has been delivered but still waiting on the dealer to contact me. Should I start the application with Ford or wait until the finance geek to call me?

Go over there and get in their face. The sooner the better.

 

[Jerseysteve68]

My dealer says that Ford financing isn't giving the best rates right now. So I would wait.

 

[Maverick2023]

i'm looking to get the rate that was offered last year which is 0% for 36 months when I ordered the Maverick and not the current rate.

 

[s.ober]

Call them, just so they don't accidentally "SOLD" your truck to someone else and get confirmation from the dealer. You should start your finance apps with 3rd parties now, and you can deal with the Ford finance app when you are at the dealer, when closing the deal. Compare finance options(best 3rd party vs Ford) and use whichever is best for you.

Starting other applications will probably lower your credit score so I wouldn't do it.

 

[bautek_mn]

Starting other applications will probably lower your credit score so I wouldn't do it.

Any auto finance requests within 30 days get lumped together into one hit on your credit. If you have decent credit history it probably won't be more than 5-10 points.

Definitely hit up the local credit unions, Capital One auto finance, etc. If you walk into the dealership with pre-approvals you have the advantage, otherwise they're going to do their best to rake you over the coals because they get higher back-end bounties the higher your interest rate is.

 

[jsus]

My dealer says that Ford financing isn't giving the best rates right now. So I would wait.

Of course they'll say that.

And, normally, Ford Credit rates aren't the best.

That said, many people ordered when they had promo rates available (as low as 0% for 36 months, 0.9%/48, 1.9%/60, etc. Even though the promo ended, it's locked in alongside your order, if it was valid when you ordered.

Otherwise, a credit union is generally your best bet.

 

[Vols44]

i'm looking to get the rate that was offered last year which is 0% for 36 months when I ordered the Maverick and not the current rate.

I applied when the sales person phoned me it had arrived. When the LM finance person called to go over the numbers I had him look up my $750 CPO and 0/36 in the Smart VINCENT. I told him how much I was putting down and what to finance. We did the paperwork electronically via Route One software. The process gave each party time to do things right and without an in office pressure atmosphere.

 

[JamesC]

I applied when the sales person phoned me it had arrived. When the LM finance person called to go over the numbers I had him look up my $750 CPO and 0/36 in the Smart VINCENT. I told him how much I was putting down and what to finance. We did the paperwork electronically via Route One software. The process gave each party time to do things right and without an in office pressure atmosphere.

You got the $750 & 0/36? I thought it was one or the other only.

 

[ATL_Mav]

Hmmm, my dealership just received a truck load of mavericks and bronco sports. Maybe one of them is yours.

Truck has been delivered but still waiting on the dealer to contact me. Should I start the application with Ford or wait until the finance geek to call me?

 

[Maverick2023]

Hmmm, my dealership just received a truck load of mavericks and bronco sports. Maybe one of them is yours.

which dealership?

 

[ATL_Mav]

Angela Krause

 

[Maverick2023]

Angela Krause

nope.

 

[ATL_Mav]

Dang, well good luck, hopefully you can pick it up soon.

Sponsored