Hi, Guest
02-19-2009, 02:44 AM
(This post was last modified: 02-19-2009, 02:44 AM by ZTWsquared.)
NefCanuck,Feb 16 2009, 02:32 PM Wrote:When you finance through Ford Credit it's always possible to pay the loan off early (In fact that's what I did last week with the Fusion, just have to get the proof to forward to my ins. co. to get them off the title) only catch would have been if you were paying interest on the loan but at 0% financing, you can call them up at any point, get the final payout number and cut a cheque
N.B. Ford Credit says to send the cheque to a P.O. Box in Scarlem (Scarborough) but you can also drop the cheque off to a Ford dealer who will then courier it to them (Guess which method this legal beagle used? :P :lol:)
NefCanuck
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With 0% financing there's no benefit to paying it off early ... if you come into some cash put it into a GIC or something ... the last thing to do is pay off a loan that isn't costing you anything.
BTW: the 0% financing on Edge concludes tomorrow ... there will undoubtedly be a new set of incentives, but it can't get any better than zero, right?
2008 Fusion SEL MTX - DD1 * 2009 Fusion SEL - DD2 * 2007 Focus ZXW - R*I*P * 2004 Focus ZTW CD Silver - sold * 2004 Focus ZTW Black - sold * 2003 Focus ZTW Black - sold * 2001 Focus ZTW Gold - sold * 2000 Focus SE Wagon (ZTW option) - Black - sold * 2000 Focus SE Wagon (ZTW option) - Gold R*I*P
2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *
2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *