ford car finance ..............

[Yosu2000]

HI
I ORDER MAVERICK LARIAT 09/17/22
I LIVE IN NJ.
FORD DEALER GOT YESTERDAY.
MY CREDIT OVER 800.
FINACE MANAGER SAID FORD FINANCE 10.66%.
ANYONE GOT OVER 10% FINACE FROM FORD?

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[Sirk]

Dealers make money on financing. The higher rate they can get out of you, the more money they get paid from the lender. Call your credit union or bank. If your credit score is over 800, you should be able to do way better than what you're being offered by the dealer.

 

[Ponchsox]

Refinance ASAP

 

[JBryant]

I was in same boat. Think credit score was 794 and Ford wanted 8.8 and that was before last Fed rate increase. Dealer went thru Chase for 6.5. Could have gone to credit union and gotten 5.9, but for such a small difference, i just left with Chase.

 

[UberGadgetFreak]

I always get pre-approved before a big purchase from at least 3 different sources (Ford Motor Credit, my Credit Union, and a regular bank). I take the best of those 3 with me when I go in to buy and give them the opportunity to beat the deal. I always shoot for the least interest paid for the most payment I can tolerate. It kind of throws them off a bit to not want the lowest payment.

 

[Exranger]

HI
I ORDER MAVERICK LARIAT 09/17/22
I LIVE IN NJ.
FORD DEALER GOT YESTERDAY.
MY CREDIT OVER 800.
FINACE MANAGER SAID FORD FINANCE 10.66%.
ANYONE GOT OVER 10% FINACE FROM FORD?

Go to credit union 5% is possible , worse 7% with your score call around

 

[BradnChristine]

Navy Federal Credit Union is still great. Used to be you had to be active military or retired. Now just being a veteran allows membership...and I've added my kids and grandkids. So membership isn't as hard now, if you have any veteran in the family.

 

[OB1e]

5.49% at dcu if u are getting the hybrid

 

[Yosu2000]

5.49% at dcu if u are getting the hybrid

Where can I get 5.49%.?
Capital one gave 6.5% number. And chase is over 6%.
I check my credit is 812.

 

[Maverickman74]

Granger said Ford was running high so they shopped around and got us 6.05%

 

[Gmood1]

Here's an invite to join DCU.
They'll do a soft pull on you while you sign up for the account. They'll also offer you credit products depending on your credit.
I had my GF do the same. She was approved for a loan on her Maverick last week with a soft pull.
You have 45 days to use it, before it expires.
In my experience, they use Equifax for credit pulls.
Here you go https://refer.dcu.org/dcu/oard/default.aspx?referrer=9kty-cve6

 

[Jwaz68]

Do you have to be from Massachusetts to be a member of DCU?

 

[Brown0]

Yep, this is the crazy pre-crash world we are all living in now. "Best" my dealer could do on delivery day was 7.64% with Fifth Third. Didn't push them on it, just wanted my truck. Already started refi process with local CU for 4.99%. Still the highest fixed rate loan I have ever had. Ugh.

 

[NJBob]

Wow the rates have really gone up. On my 22 Ford honored the 0 percent for 36 months. Ordered Dec 21 received Nov 22. I could have paid cash but why not use their money.

 

[Syntax Error]

5.29% for 48mo term at PenFed for me, personally. If rates go down, I'll refi.

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