2023 Mavericks - Interest rates?

[fordluvr44]

Howdy, sorry if this is already posted somewhere!

What sorts of offers/interest rates is Ford offering on 2023 Mavericks?
My local CU is offering about 5% on a 5 year loan.

Sponsored

 

[jsus]

Ford Credit is usually only competitive when they have promotional/incentive/"subvented" (basically subsidized) interest rates. Otherwise, a competitive credit union will typically be much lower. Near me, they don't seem to be much lower than 4.24% at 60 months, stretching up to 6.12% if not higher.

Others may be able to chime in on rates they've recently been quoted.

Note that the rates advertised and listed in the recent thread below are for 2022 Mavericks only, with 2023 being whatever the rate is on the date you applied for the loan.

https://www.mavericktruckclub.com/forum/threads/2023-ford-credit-finance-rates-out-yet.25700/

 

[xl2023]

I couldn't get a good rate yesterday. Good credit. Rates were something crazy, I forget, above 6 I think, maybe 7.

 

[Truck2]

It was like 5.75 at my credit union for a hybird/ev the other day though I might just you a 14 month continence band check at 0% to cover most of the cost of the truck then finance the rest.

 

[Truck2]

Banks at times send out convenience check offers. Zero interest check loans for say 14 months with a one time, something like a 3% fee, to use the check. Unlike a car loan where you are paying interest each day of the loan. Not good to use them unless you know you can pay them off, in this case after 14 months. I am starting SS in March so figure will just try to use that $ to pay down the loan quickly.
Plus another card company is offering 0% interest on purchases using their credit card. If I am approved will use that to put some down on the truck as well.
IT is a game with these companies/banks…they want to hook you into taking the ‘easy $’ in hopes you won’t pay it all back by time required then you get jacked up to a higher rate.

 

[Shakesbear]

Valid Jan 4, 2023 thru April 3, 2023:

Length
Rate
36 months 1.9%
48 months 2.9%
60 months 3.9%
72 months 5.9%
84 months 7.9%

There have not as of yet been any of these on 2023 Maverick. Given that they didn't offer anything at launch, combined with the popularity of Maverick and rising interest rates, it is not likely that we'll see anything offered anytime soon.

Instead, interest rates are subject to change on an ongoing basis. Just like any other lender, you receive whatever rates are available at the time you apply for financing.

 

[Truck2]

Is Ford offering these rates? 36 months @ 1.9% would be very nice if an option.

 

[blackb13]

Dealership tried to scam me with a 7.8% rate when the same exact bank directly offered me 6.4%. Credit union is probably still the best thing next to cash as they were at 4.25%. Unfortunately non-promotional rates are terrible right now.

 

[h20mxracer222]

I've been wondering the same thing. My Maverick gets built next week and should take delivery hopefully next month. Hoping Ford credit has decent finance offers by then but wondering if a credit union will be a better way to go. Only want to run a credit app once so I'm still not sure which way to go yet.

 

[jsus]

Is Ford offering these rates? 36 months @ 1.9% would be very nice if an option.

For 2022 Maverick thru April 3, not for 2023 Maverick.

 

[All4spl]

Rates are only gonna get worse, if it wasn't for the fact I am going to pay off my loan in 7 months I would have been unhappy with my rate. Which is 6.99% for 72 months, my credit union isnt much better at 6.54%. With a 862 Experian Fico 8 Auto score its not my credit, its the Feds screwing up the interest rates.

 

[Truck2]

For 2022 Maverick thru April 3, not for 2023 Maverick.

So Strike 2…
converted from a 22 to a 23 order plus no Private Offer emailed to me back in June nor in their computer systems.

 

[Oscarbaron]

I just want to be able to acquire a maverick hybrid, I wish interest rates were on my mind with one on the way. I'd be happy to think of rates if I only had one coming.

 

[mitchwkr]

I'm in East Tennessee and my local CU has me a rate of 3.24%

 

[Blue ox]

I got 2.9 for 48 mos. Around nov 1 for my hybrid from ford credit

Sponsored