0% has been about since dec and i wouldnt get to excited about the buyer protection. In the end they do very well out of this. You still have to pay the money back that they pay but you also have to cover the extra interest because it is taking you longer to pay of the truck. Could end up being an expensive truck if they made payments for you for 12 months.

 

I checked the new incentives this morning and the cash back has gone from $3000 to $2500. I figured since I took delivery last week with 3000 cash back, it would go up to 4k, but I got lucky!

 

Really? Hard to believe Ford eased up on the cashback deal. Perhaps the trucks are starting to sell more than the dire expectations?

 

I believe cash back in mid west still $3000 for a supercrew and $2500 for regular cab.

 

My bad. I was looking at the regular cab.

 

The above information provided for the Ford Advantage program is incorrect. See the link below and click on the program Q&A's..see point #22. Repayment is not required.

http://www.fordspecialevent.com/

Ford pays principal and interest each month up to $700, but does not cover late charges and other fees associated with late payments.

 

Just found out that in Ontario there is $8000 delivery allowance and $1000 no charge accessories. Fords Apr rate is 7.99% at the moment.

 

Thats good then. The way the media expalined it when they was speaking about the companys doing was you dont pay them back but your term increases. So if you had a 36 month term and you lost your job for 6 months they would cover the payments but you still have to pay back 36 months worth of payments. So your not really paying the money back your just increaseing your time of loan and paying the same amount.

 

No, the term of the loan is not extended. A contract written for 36 payments is just that, 36 months. It's similar to payments made by a Disability insurance company. Example--Buyer X out of work for 6 months on a 36 month contract--Disability insurance pays 6 pmts, person X pays 30 months. When 36 pmts are made the contract paid off. The lender doesn't care who made the payments, only that they were made.