Ford offers zero-percent 72 month loans, includes subprime buyers
August 23, 2006 2:35PM by Michael Savio
Ford will launch an month-end sales blitz, offering zero percent financing for up to 72 months for Ford, Lincoln, and Mercury buyers. The special interest rates will also be available to those with subprime credit ratings, not just customers in the top two tiers, as in past programs.
Ford’s offer begins on Thursday, Aug. 24, and runs through Labor Day, according to Automotive News. Ford notified dealers via a conference call on Tuesday. Nearly all 2006 vehicles — even high demand vehicles — will be included in the program. Dealers say the Ford GT and larger F-Series work trucks will be the only products exempt from the offer.
## Source: Automotive News ##
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Posted in: Ford, Lincoln, Mercury, Incentives, Car Buying
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August 23rd, 2006 at 8:49PM
They must be having a really bad August to open up financing to subprime credit ratings.
August 30th, 2006 at 11:58AM
[…] Chrysler’s offer follows the lead of Ford Motor, which launched a similar zero percent program last week on most of its remaining 2006 Ford, Mercury and Lincoln cars and trucks. Ford’s deal runs through Tuesday. Earlier this week, General Motors announced additional cash rebates of $500 to $1,500 on many vehicles for the Labor Day weekend only. Chrysler’s offer will run the longest, ending September 30th. […]