You can find some of the best financing available right at your local dealership.
If you’re in the market for a new Ford, it’s helpful to know more about Ford Credit financing.
You may dream of owning a shiny new Mustang. Alternatively, you might want a Ford F-150 as a trusty workhorse. Either way, you might wonder about the best way to arrange financing.
The answer is to apply for Ford Motor Credit at your local, trusted dealership. With Ford, financing your dream vehicle is easy.
Your dealer will gladly walk you through the application process. However, it helps to know a few things about Ford Credit before applying.
For the ultimate guide to understanding Ford Credit, keep reading.
The Basics of Ford Credit
As a buyer, it’s important to understand how Ford Credit works. The way that Ford Motor Credit works will vary depending on your preferences.
For example, you might want to lease or purchase your Ford vehicle. In either case, Ford has a credit plan that’s perfect for your needs. The following details highlight Ford’s financing plans.
If you choose standard financing, you can use it to buy a new, used, or certified pre-owned Ford. With standard financing, there are no mileage limitations. There are also no fees for excessive wear and tear.
If you choose the standard purchase plan, your Ford dealer will provide you with flexible payment options. With each Ford Credit payment, you’ll build equity in your vehicle.
Alternatively, you can choose the Ford Flex Buy plan. With this plan, however, you can only purchase a new vehicle. Still, the Ford Flex Buy plan guarantees you lower monthly payments.
For the first two years of your auto loan, you’ll pay less than you would if you choose standard financing. This option is a great way to make a new model Ford more accessible.
Ford Makes It Easy for You to Get Behind the Wheel
Alternatively, you may choose the Ford Red Carpet Lease. This financing plan is only available for leasing new Ford models. Still, there are various lease terms available.
You can choose from among several mileage options. The options start at 10,500 miles and go as high as 19,500 miles per year. You can also purchase additional mileage if you desire.
The Red Carpet Lease also allows you to access the Ford Advance Payment Program. With the Advance Payment Program, you can make a single upfront payment. The payment will cover all your monthly lease payments.
When the lease ends, you’ll have several options. For example, you can purchase the leased vehicle.
Alternatively, you can return the leased vehicle. You can even choose a new vehicle and a new Ford Credit plan once your existing lease expires.
Ford financing provides you with many benefits. The company specialized financing makes it easy to find the right new vehicle for your lifestyle and unique financial situation.
We understand that today’s consumers are savvy. With this in mind, you might want to know everything possible before making a decision.
You can find the answers that you seek easily by speaking with a dealer. You can also find out plenty of information about Ford financing online.
Special Lease Financing for the Ford Mach-E
If you have your heart set on the Mustang Mach-E, we have a special financing solution called Ford Options. With Ford Options, you’ll make lower monthly payments. However, you’ll make a balloon payment when the term of the loan ends.
Ford Options gives you access to customizable mileage options. With this financing plan, you might even have eligibility for an electric tax credit.
Standard Ford Financing Options
Let’s take a closer look at Ford standard financing. With standard financing, you can purchase a new, used, or Certified Pre-Owned Ford. The great thing about standard financing, however, is that you can customize your new Ford as you desire.
You can arrange for standard financing for anywhere from 12 to 84 months. With Ford Credit, you can choose a payment schedule that fits your needs.
With standard financing, you’re responsible for ongoing repairs. When you repay the loan, however, the vehicle is yours. You can keep the vehicle or trade it in for your next purchase.
Leasing a Ford
It also helps to have a more detailed overview of the Ford Red Carpet Lease. With the Ford Red Carpet Lease, again, you have versatile lease-end options. The Red Carpet Lease makes it easy for you to enjoy a new Ford more frequently.
In total, you can choose between eight different mileage options with the Ford Red Carpet Lease. With the right plan, you’ll find that your payments are typically lower than similar financing options.
Another top benefit of the Ford Red Carpet Lease is low initial costs. You’ll also enjoy a lower down payment.
With the Ford Red Carpet Lease, you’ll also receive complimentary gap protection. If your vehicle is stolen or totaled, gap protection covers the balance between your insurance payoff and the balance owed on your vehicle loan. This protection is another great benefit of the Ford Red Carpet Lease.
You can only use the Ford Red Carpet Lease to purchase a new vehicle. However, you can arrange either 24-, 36- or 39-month lease terms with this financing plan.
Your monthly Red Carpet Lease payment will cover a part of the vehicle’s value. This feature allows for a lower monthly payment. It also gives you the option to purchase your vehicle at the end of your lease term.
The Red Carpet Lease plan covers normal wear and use. However, you’ll have to pay for any charges that exceed lease guidelines.
When you’re Red Carpet Lease ends, you can return your vehicle. Alternatively, you can lease a new model.
Securing Ford Credit in Uncertain Times
During these uncertain times, Ford has rolled out Ford Credit Support. The Ford Credit Support program aids consumers who have purchased or leased a Ford vehicle and have been impacted by the coronavirus. However, it also provides benefits for new buyers.
If you’ve been impacted by COVID-19 but owe on Ford financing or want to purchase a new vehicle, you should contact Ford Credit. Ford Motor Credit may change your payment date or delay your payment to help you through these trying times.
If you’ve recently purchased a Ford vehicle, Ford Credit can delay your payment by up to 90 days. You can find out more information about the program by visiting the Ford Credit Support website.
Ford is committed to helping the individuals that rely on their vehicles. Resultantly, the manufacturer has rolled out the Ford Credit Support program to give its buyers peace of mind. With the program, Ford hopes to help its car buyers work through the uncertainties of the pandemic.
Should I Apply for Ford Credit?
There are plenty of great reasons to apply for Ford Credit. For example, My Ford Credit makes it easy for you to manage payments.
You can access Ford Credit bill pay services online and from the comfort of your home. More importantly, Ford believes that every customer deserves an exceptional financing experience.
For this reason, the company always puts its customers first when it comes to delivering excellent service. The products and services offered by Ford reflect the company’s dedication to meeting this goal.
Ford financing has developed its programs based on years of expertise. With so many options, you’re sure to find a selection to meet your vehicle financing needs.
A new Ford vehicle is more than a purchase—it’s an investment. For this reason, Ford provides you with a range of options to protect your investment. The company’s complementary gap protection is a perfect example.
You can also choose from Ford’s Protected Extended Service Plans and the Ford WearCare plan. No matter your lifestyle, Ford financing is there to meet your needs.
Whether you want to buy or lease, Ford has the perfect financing for your unique situation. If needed, you can even inquire about commercial financing options.
Choose Homer Skelton Ford for the Best Ford Financing in Millington!
Now you have a better understanding of Ford Credit. What you need now is the best Ford dealership in Millington.
Homer Skelton Millington Ford takes great pride in providing you with a satisfying buying experience. That’s why we’re the leading dealership and Millington, Arlington, and Memphis.
At Homer Skelton Millington Ford, we’re committed to our customers. We offer a wide selection of vehicles. Most importantly, we make the buying process as hassle-free and fast as possible.
Contact Homer Skelton Millington Ford today at 901-873-3673 or connect with us online to get started arranging your new Ford financing right away.
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