Should I have went through with this deal?

[HighOn22's]

I posted this same post on powerstrokenation also for any of you guys who are on there also.

There was the exact truck I wanted at my local dealer today; 2010 F-250 CCSB, dark grey, lariat w/ fx4 package, had ultimate package which included sun roof and nav. The truck stickered at $57.8. After rebates and x-plan the lowest they wold go was $45k. After tax, title and lic. they wanted $49k. With putting $10k down the lowest they could get my note was $675/mth for 72 mths @ 8% interest since I took the rebates. I wasn't paying that high interest. I decided I'll wait a little longer unless they call me back with a better price. My question is was $49k otd a good price or to high?

[j21black]

I think not buying it was the right choice. You can get it cheaper, and I would never sign paperwork on anything with an interest rate that high. Check with the local credit unions or banks vs. getting the credit from Ford Mo Co. You can get a much better rate then that. I think mine is 3.5. I put 10k down as well, and my payment is in the $550 range.

[HighOn22's]

I told him I wanted my note at $500. He said I'd had to put another $10k down to make that possible. I would have given $550 at mist. Guess they didn't want to sell today.

[JMart]

Originally Posted by HighOn22's

I told him I wanted my note at $500. He said I'd had to put another $10k down to make that possible. I would have given $550 at mist. Guess they didn't want to sell today.

$550 a month for 72 months is $39,600 at zero interest. How do you figure you can get $500 a month for $49k truck?

[4ds4me]

Never buy the first few days of the month, always wait until the last couple of days of the month. Just my .02

[homepukes]

I bought 2008 6.4 new and am paying 0% interest. I wouldn't have it any other way. I cannot believe they are not offering 0% trying to get rid of the 2010s. You did the right thing. Wait for 0%. I thought about paying mine off but it is "free" money so I decided to wait.

[HighOn22's]

On the $49k I was putting $10k down. I wanted them to go down to $45k otd. That would have me paying $4k in interest

[smotrs]

Originally Posted by homepukes

I bought 2008 6.4 new and am paying 0% interest. I wouldn't have it any other way. I cannot believe they are not offering 0% trying to get rid of the 2010s. You did the right thing. Wait for 0%. I thought about paying mine off but it is "free" money so I decided to wait.

You do know that 0% is only on approved credit, right? If you don't have good scores, you won't qualify for a 0% regardless if they are offering it. They also typically won't offer a 0% on anything past 60mo, but if the vehicles been sitting a while, who knows.

I agree with the whole free money part. I had 0% on mine as well but had to pay mine off at the beginning of this year in order to get my house.

[HighOn22's]

That's the thing, I have excellent credit. I had 1.9% on my last truck.

[HighOn22's]

I can get the 1.9 again but won't get the $6500 rebate.