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re: Paying cash for a new car

Posted on 8/28/13 at 4:03 pm to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17303 posts
Posted on 8/28/13 at 4:03 pm to
quote:

Just bought a new Ford F150 this past Saturday. We were going to pay cash, but no discount, but got rebate if we financed. So only have to make three payments starting in October, so first will probably be the lump sum, leaving just enough to make last two payments.


Went through that recently with Ford, and what they tell you at the dealership is crap, read your loan documents, there is no pre payment penalty, I called Ford credit and was told the same thing, turns out the 3 month crap they tell you at the dealership is tied commission and not facts, pay the damn thing off and be finished with it
Posted by WhalingVessel
Member since Dec 2008
245 posts
Posted on 8/28/13 at 5:46 pm to
quote:

Just bought a new Ford F150 this past Saturday. We were going to pay cash, but no discount, but got rebate if we financed. So only have to make three payments starting in October, so first will probably be the lump sum, leaving just enough to make last two payments.
I too am looking at an F-150 here soon. Supercrew lariat 4x4. What did you go with?
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