Ford Credit Payment Relief

[DavidHuff]

WOW,No payment for six month for Ford Credit Customers.
I saw a StangMode YouTube that he is going to take advantage of that offer because he and his wife just lost their jobs.

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[thill444]

Yeah

WOW,No payment for six month for Ford Credit Customers.
I saw a StangMode YouTube that he is going to take advantage of that offer because he and his wife just lost their jobs.

Yeah Ford’s done the math. It’s either that or start repoing a bunch of cars that are going to be worth at lot less than the loan amount.

Hopefully in six months things will improve.

 

[Tomster]

Hard times...... Despite my feelings of the youtube clickbait, I offer my assistance to stangmode and his family.

 

[DavidHuff]

Hard times...... Despite my feelings of the youtube clickbait, I offer my assistance to stangmode and his family.

I agree 100% with you, no one deserves this shit that our members are having to deal with.

 

[Tomster]

I agree 100% with you, no one deserves this shit that our members are having to deal with.

Yep, at the end of the day, we are all a community. My only beef with his channel is all the clickbait. If I'm still working and I can help, I'd be happy to do so. This GT500 giveaway however is a bunch of crap.

 

[Inthehighdesert]

How long before the Ford naysayers show up and push Ford’s headed for bankruptcy. Wether it’s about corporate survival, or helping there customers, in the end it’s a positive.

 

[Ablaze]

Speaking of payments.. I wonder if the 0% financing applies to the new GT500s. Anyone know?

 

[Stage_3]

That's great news about Ford credit, but hopefully I won't have to use it. But good to know it's in place.
I'm 3 months ahead, so I want to stay ahead. My hours at work have been cut by 2 days and will be collecting unemployment insurance for those days I am not working.
Good luck everyone and stay safe!

 

[Snoopy49]

Speaking of payments.. I wonder if the 0% financing applies to the new GT500s. Anyone know?

I checked when I bought my car and the answer was no. I think the cheapest way to finance would be to get a low interest rate 15 year fixed home improvement loan and pay it of as quickly as possible. This also allows you to lower your Fed and State income tax. And if times get rough you will have a payment that is doable.

15 year fixed rate 3.25% for $84,000 = $590.52 a month.

 

[Ablaze]

I checked when I bought my car and the answer was no. I think the cheapest way to finance would be to get a low interest rate 15 year fixed home improvement loan and pay it of as quickly as possible. This also allows your to lower your Fed and State income tax. And if times get rough you will have a payment that is doable.

Thanks for checking Snoopy!

 

[kilobravo]

Earl: You're a genius but is it possible to do that on a new car? I sure like that rate.

 

[ttziske]

Speaking of payments.. I wonder if the 0% financing applies to the new GT500s. Anyone know?

No, the “fine print” said not available on Shelby or Bullit

 

[Snoopy49]

Earl: You're a genius but is it possible to do that on a new car? I sure like that rate.

They won't know it is for a car, it's a home improvement loan. You will have clear title to your car without a lean holder.

 

[kilobravo]

I'm gonna look into this, Earl!

 

[Snoopy49]

Earl: You're a genius but is it possible to do that on a new car? I sure like that rate.

Check with Navy Federal.

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