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| The Pub For General Automotive Related Talk |
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04-02-2012, 10:20 AM
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FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Central Q..10kms west of Rocky...
Posts: 8,318
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Print
Offer 1 of 2 $2,000 Retail Customer Cash 1 and $500 Ford Credit Retail Bonus Customer Cash 2 Offer 2 of 2 $500 Ford Credit Retail Bonus Customer Cash 3 and APR Financing 4 0.0 % for 36 months 0.0 % for 48 months 0.0 % for 60 months 1.9 % for 72 months Ford Australia should do something similar..the opposition are.
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CSGhia |
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04-02-2012, 12:32 PM
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Regular Member
Join Date: Jan 2009
Posts: 437
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It would certainly be nice. It was make my decision of buying a MUCH better case, an almost certainty actually if we had a great offer like that.
However, we need to consider that Ford Aus isn't doing the best and to add an offer like that is, at the end of the day, costing *someone* money. In this case, Ford Aus would be footing the bill in some way or another by allowing interest free purchases like that. From what I hear about Ford US, they're probably in a good enough standing to offer this type of incentive and get away with it - while Ford Aus probably is in no such position. It would definitely be great, though. |
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04-02-2012, 12:53 PM
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Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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My last purchase from Ford would have used this deal had it been offered, but it would have benefited me and not Ford. I'm always a cash buyer for cars, so the purchase money would have come out of extra repayments from my home loan. 0-2% interest compared to 7% is better for me.
Would this scheme help new buyers who need to finance? Of course... Having said that.... housing interest rates in the US are at the lowest they have been for ages (sub 4%)... Didn't FORD NA just give a large bonus to it's workers??? (or posted a huge profit???) I remember reading it somewhere online last week? So things are not soo bad for Ford in the scheme of things in the US of A. |
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04-02-2012, 03:05 PM
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Cynical Idealist
Join Date: Jan 2012
Location: Orlando, FL, USA
Posts: 1,512
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Ford North America is trying not to do so much of that, because it kills profits. But that has been the state of the market here for decades.
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Your plastic pal who's fun to be with! |
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04-02-2012, 10:11 PM
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Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Interest rates in the US are at 0% aren't they, cause their market is so stuffed.
Pretty much all of them are offering 0% loans, and have done so for a few years now. |
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04-02-2012, 10:45 PM
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Join Date: Feb 2006
Posts: 5,760
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How do they make money on 0% finance? Fees?
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04-02-2012, 10:48 PM
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FF.Com.Au Hardcore
Join Date: Jan 2010
Posts: 11,412
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04-02-2012, 10:57 PM
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3..2..1..
Join Date: Nov 2009
Location: Bellbird park
Posts: 7,218
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full retail price is where they get you i think, 0% finance would mean zero bargaining power i would think.
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04-02-2012, 11:06 PM
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#9 | |||
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Right out sideways
Join Date: Dec 2004
Location: Coffs Harbour NSW
Posts: 5,307
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Quote:
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2010 FG XR50 Turbo | 2007 FPV BFII GT, BOSS 302 |
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04-02-2012, 11:17 PM
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#10 | |||
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Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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Quote:
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05-02-2012, 12:15 AM
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Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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I was referring to US auto builders. I'm positive GM, Ford and Chrysler have offered 0% for a while now. Other manufacturers do also.
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