They'll ask you to prove it while they process your request ignoring you while collecting payments.
After you prove it, they'll say you quit.
Even after that! They'll charge you for damages and details to the vehicle.
No matter what.....There is no good deal here.
]]>Personally, I'm waiting for the Hyundai Albuquerque
]]>They are still in negotiations for between 9 and 20 billion dollars of funding from the taxpayer.
]]>@snowmoon:
Bottom line is that Ford has not taken any bailout money and doesn't expect to soon, regardless of when you "think" they'll need to take money. Please get your facts straight before disseminating your filth.
]]>Where's my damn coffee...
]]>@Corporate-Shill: I hope you don't think less of me because I didn't have enough cash to buy my house.
]]>Do the math: a $45,000 rig over 72 months at 4% interest is $704.03/mo.
A King Ranch F-350 or a Navigator is close to $60,000. $60,000 over 72 months at 0% is $833.33/mo.
A new SUV or truck can be very expensive.
]]>If you can't buy it and pay cash for it then why do you need it.
Ok, that is a bit harsh. But it also reality. Overbuying and excess risk (on many levels) is the cause of our current economic problems.
]]>Any car over $42,000 will guarantee over $700 payments, even at 0% interest over 5 years.
If you go for a 3 year loan at a conservative 3.9% interest rate, that drops to $23,745.30.
It doesn't take much to find a car over $24k, even if it is a Ford. Especially if you deck it out.
]]>I wonder what happens if a Ford employee loses his job... will the 12 months of payments be deducted from his severance?
]]>Are the payments that Ford is making for you considered taxable income?
]]>If you need a new automobile and think there is even a %10 chance that you will lose your job, is buying a brand new car the wisest decision? I know people need transportation for getting to work but if you foresee yourself in a tight spot then maybe getting something used is your best option. Get the smallest payment possible on a beater and ride out this storm.
]]>@BuddyGuyMontag: They don't read any other comments before they comment I guess.
Maybe Ben can put it in TFA, not that they read that either.
]]>@Gokuhouse: Ford hasn't taken bailout money.
]]>Between below market lines of credit ( yet to be used, but being requested ), fed buying of short term debt ( CPFF ), and bailing out the shared suppliers Ford has benefited from direct and indirect stimulus.
]]>@Yossarian: Since when have commenters ever let facts get in the way of weak snark?
]]>-Fixed that for ya
]]>I was looking at a Hyundai Tucson. Didn't like it. HELLO FORD EDGE!
]]>@adamczar: Ford didn't take any of our money. GM and Chrysler took a lot, Toyota tood some of the Japanese peoples' money.
Ford, $0 so far. They saw it coming and leveraged everyhting with giant bank loans.
]]>@adamczar: Likely, not.
]]>@pecan 3.14159265: "they'll make your payments for up to a year, up to $700 per month. "
]]>@Gtmac...and sometimes y: ...Theirs?
]]>@adamczar: "Not to be outdone by Hyndai, if you buy a Ford and lose your job, the car-maker announced they'll make your payments for up to a year, up to $700 per month.
I assume there was an edit, because you're not the only one who was confused.
]]>@coan_net: Yeah, Ben just corrected the posting.
]]>That is how I read it.
]]>@Daveinva: Okay, did I misread that before or did you just change the print? I could have sworn I saw "$700 a *year*"
Oh well, never mind-- $700 a month *is* a sweet deal. Hell, it's almost enough for me to lose my job on purpose.
]]>"Not to be outdone by Hyndai [sic], if you buy a Ford and lose your job, the car-maker announced they'll make your payments for up to a year, up to $700."
They're kidding, right? That's not a year's worth of car payments-- that's *two month's* worth of car payments.
Unless Ford is going to start selling the Tata Nano, their new confidence-inspiring program is not very confidence-inspiring.
]]>