When you purchase a new vehicle, figuring out your financing is often a challenge. Fortunately, your local Ford dealership makes it easy to build a custom finance plan that fits your needs, even if you are a first-time car buyer or trying to keep your monthly payments low. Explore three key advantages of dealership financing options today.
1. Lower Monthly Flex Buy Payments
Flex Buy is an exclusive payment plan from Ford Credit for drivers who want to prioritize low monthly payments. This payment plan works by drastically lowering the cost of your auto loan payments for the first three years. After the 37th month, your monthly loan payment will increase to ensure the vehicle is paid off by the end of your loan term. Loan terms for the Flex Buy payment structure can last for 66 to 75 months.
In addition to lower monthly payments or the initial years of car ownership, the Flex Buy payment plan gives you the benefit of a fixed interest rate for the duration of your auto loan. You can also use this plan to build equity for when it’s time to trade in your vehicle for a new Ford model.
2. Special Financing
Your local Ford dealer also offers special financing for drivers who have unique financial circumstances. If you have no credit score, low credit score, or you are trying to rebuild your credit after filing for bankruptcy, you may qualify for special financing programs. Special financing may also be appropriate for first-time car buyers, as well as drivers who want to refinance an existing auto loan.
3. Customizable Standard Purchase Loan Terms
When you buy a new, CPO, or used Ford, you can use the Standard Purchase payment plan to build equity toward your next Ford vehicle with each monthly payment. The Standard Purchase plan has auto loan terms ranging between 12 and 84 months so you can pick the best auto loan timeline for your car ownership goals and your financial circumstances.
The benefit of the Standard Purchase plan is that there are no mileage limitations on your vehicle, which means you don’t have to pay mileage fees when it’s time for a new car. You also have the freedom to fully customize your Ford with genuine Ford accessories when you use the Standard Purchase finance option.
Whether you qualify for special financing deals or you want a shorter auto loan term to pay off your car more quickly, your local dealership is ready to work with your unique financial circumstances. Get in touch with Freeway Ford in Minneapolis, MN to ask about current finance specials.
Connect with us
