Oof, hope not. So far I've been able to get the best rates from all my local credit union's with a 740 score. I may just refinance immediately after purchasing the car if Ford Credit can't match.So a regular credit score of over 800 is pretty much guaranteed then for Ford Credit?
What I’m saying that if I have a credit score of 800+, I should have no problem getting Ford Credit Financing.Oof, hope not. So far I've been able to get the best rates from all my local credit union's with a 740 score. I may just refinance immediately after purchasing the car if Ford Credit can't match.
So a regular credit score of over 800 is pretty much guaranteed then for Ford Credit?
My wife just bought her 2023 expedition with a 618 credit score. $0 down and $5,000 upside down trade value and the dealer was able to get her a 7.9 @ 84 months through Ford Motor Credit.Fed funds are at 5.25 with another 50-75 bps on the table.
don’t expect to see anything under 7% even with an 850 credit score.
That’s the market we’re in… they do not want people financing anything, cars homes.. etc.
They have been trying to slow the economy for a year plus now.
Why not just get approved by your credit union and skip the dealer financing? Less hassle than a refi I would think.Oof, hope not. So far I've been able to get the best rates from all my local credit union's with a 740 score. I may just refinance immediately after purchasing the car if Ford Credit can't match.
Generally anything over 750 should get you best rate.What I’m saying that if I have a credit score of 800+, I should have no problem getting Ford Credit Financing.
Ah okay that's good news then. Hoping to get at least sub 7% for 72 monthsMy wife just bought her 2023 expedition with a 618 credit score. $0 down and $5,000 upside down trade value and the dealer was able to get her a 7.9 @ 84 months through Ford Motor Credit.
Have you considered looking into a Credit Union?Ah okay that's good news then. Hoping to get at least sub 6% for 72 months