Interest rate locked in at time of order?

[AIreland13]

So I finally got my Maverick built and hopefully will arrive at my dealership in about a month. I talked to my salesman today about the interest rates and he told me unfortunately I would have to deal with the current rates. I thought I saw people talking about the rates being locked in at the time of purchase, can anyone chime in on this? Thanks!

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[iwantmymav]

He's uninformed. I think there is something they check in SmartVincent that populates the rates at the time of purchase.

 

[KevCuRaoi]

So I finally got my Maverick built and hopefully will arrive at my dealership in about a month. I talked to my salesman today about the interest rates and he told me unfortunately I would have to deal with the current rates. I thought I saw people talking about the rates being locked in at the time of purchase, can anyone chime in on this? Thanks!

"subvened" interest rates (i.e. special low rates like 0% or 1.9%) should be protected to those in effect @ order date. But "standard rates" are not protected.

If you send me your VIN and ZIP I can quickly check if any rates are protected for you.

 

[Maverick2023]

So I finally got my Maverick built and hopefully will arrive at my dealership in about a month. I talked to my salesman today about the interest rates and he told me unfortunately I would have to deal with the current rates. I thought I saw people talking about the rates being locked in at the time of purchase, can anyone chime in on this? Thanks!

ask him if he knows about the Smart Vincent

 

[KevCuRaoi]

ask him if he knows about the Smart Vincent

It probably depends on the dealership.... in some, the salesmen may not deal much w/that end of things? The sales manager/finance manager only would?

Either that or they are trying to make him finance in a way that is beneficial to the dealership and not the customer.

 

[cgmav22]

I just got mine on Wednesday and my Dealer (Mike Jones Ford in Toccoa GA) gave me both the price and interest rate from when i ordered in October. We got 1.9%. My dealer was awesome by the way!

 

[golfguy2020]

In Canada I was told my price and rate were protected - still kind of sucks because rates for new cars have jumped up to 3.49% last year for 60m and are now currently 4.49%
used cars are going for 7-8% at the dealer which is ridiculous

 

[Erwin_R]

My dealer says I get whatever deals are available at the time of purchase. This may be the dealers decision, not Fords.
Check out this tread https://www.mavericktruckclub.com/f...noring-order-date-ford-financing.13526/page-2

I did send the dealer an image that the fordvideoguy provided (see the linked thread) but still no go. I don't think there is any recourse if the dealer does not want to help our.

Jon

 

[carbonmav05]

i’ve heard of ford locking in the incentive rates for people when they ordered or the dealer honoring the special offers.. i am going through my bank and getting screwed on it bc they raised the rate i’ll get from 2.55% to 6% on July 1st.. tough time to wait this long for my truck w the rates increasing at banks

 

[YOBY]

i’ve heard of ford locking in the incentive rates for people when they ordered or the dealer honoring the special offers.. i am going through my bank and getting screwed on it bc they raised the rate i’ll get from 2.55% to 6% on July 1st.. tough time to wait this long for my truck w the rates increasing at banks

Whatever the incentive or special offer at time of order should have been locked in by dealer. Otherwise, why would anybody order a vehicle if the dealer or Ford isn't going to honor their offers on delivery of the vehicle?

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