2024 Ford F-150 Financing

[Thinbluef150]

I bought a 2021 Lariat 4WD with all the bells & whistles for $55,000 out the door with 0% for 72 months. I just got on the build & price tool and I see a Lariat is starting at $67,000 now. I guess I'll be keeping my 2021 for a while!

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[WhiteLightningnshitshadow]

Ford has announced financing rates on the 2024 F-150 through January 2.

3.9% for 36 months, 4.9% over 48 months, 5.9% for 60 month, 7.9% for 72 months, and 9.9% for 84 months.

I remember about 3 months ago Ford was offering 3.9% for 60 months on the 2023 F-150 so rates have gone up.

https://fordauthority.com/2023/10/2024-ford-f-150-already-has-a-special-financing-deal/

Wait for truck month. I got 0% in like April or something.

 

[dolsen]

Rates are terrible for everything right now. I bought a new house in June and I got 5% interest rate, which, IMO, is absolutely outrageous. My realtor and closing agent both said they had not seen a rate that low in 18 months. I got 0% for 48 on my platinum in March

 

[nomarhits400]

Rates are terrible for everything right now. I bought a new house in June and I got 5% interest rate, which, IMO, is absolutely outrageous. My realtor and closing agent both said they had not seen a rate that low in 18 months. I got 0% for 48 on my platinum in March

It’s all relative. When I bought my first house in ‘95, I was lucky to get 7.9%.

 

[Calson]

Ford sets it financing based on how much it has to finance the vehicles itself or if it needs to be a pass through entity for outside companies. The very high rates indicates that it is using outside people do carry the paper for its trucks. Not surprising as Ford is investing heavily in its new EV development efforts.

There are banks that are interested in generating new auto loans and will provide lower rates. All you need to do is spend 30 minutes phoning them and asking about current rates. Ford gets the buyers who are too lazy to do this.

The Federal Reserve gets to play games on the pretense of fighting inflation when all it is doing is trying to increase unemployment so the elites pay less to the workers. My first house was financed while Reagan was in office with his anti-worker programs and my interest rate was 14% on a 30-year fixed mortgage.

 

[dolsen]

Ford sets it financing based on how much it has to finance the vehicles itself or if it needs to be a pass through entity for outside companies. The very high rates indicates that it is using outside people do carry the paper for its trucks. Not surprising as Ford is investing heavily in its new EV development efforts.

There are banks that are interested in generating new auto loans and will provide lower rates. All you need to do is spend 30 minutes phoning them and asking about current rates. Ford gets the buyers who are too lazy to do this.

The Federal Reserve gets to play games on the pretense of fighting inflation when all it is doing is trying to increase unemployment so the elites pay less to the workers. My first house was financed while Reagan was in office with his anti-worker programs and my interest rate was 14% on a 30-year fixed mortgage.

Banks are making record profits right now.

And yea, let's pretend it had nothing to do with the record inflation under Jimmy Carter and had everything to do with Reagan. The highest rates during Reagan's term came just after he became president.

To be fair, I don't like any politicians, but to pretend one side is better than the other in this false dichotomy is just intellectually dishonest, or just ignorant

 

[powerboatr]

It’s all relative. When I bought my first house in ‘95, I was lucky to get 7.9%.

me to
then promptly re financed 4 years late for 3 %

its insane in the brain right now

 

[travo68]

Does anyone know if the current 2.9% for 72 months deal can apply to a 2024 Lariat? My build email from Ford said I can lock in rate and deals now for when it arrives in early Feb.

 

[Je1279]

Does anyone know if the current 2.9% for 72 months deal can apply to a 2024 Lariat? My build email from Ford said I can lock in rate and deals now for when it arrives in early Feb.

At least around where I live, that option is only available for 2023 models.

 

[SEPA F150]

Ford sets it financing based on how much it has to finance the vehicles itself or if it needs to be a pass through entity for outside companies. The very high rates indicates that it is using outside people do carry the paper for its trucks. Not surprising as Ford is investing heavily in its new EV development efforts.

There are banks that are interested in generating new auto loans and will provide lower rates. All you need to do is spend 30 minutes phoning them and asking about current rates. Ford gets the buyers who are too lazy to do this.

The Federal Reserve gets to play games on the pretense of fighting inflation when all it is doing is trying to increase unemployment so the elites pay less to the workers. My first house was financed while Reagan was in office with his anti-worker programs and my interest rate was 14% on a 30-year fixed mortgage.

I think the main issue are the dealers.

They don't want to sell you a truck unless you go through their captive lenders.

I had pre-approval from FMC up to 98K, 780+ credit score as well as Pre-approval from banks. They didn't want my business earlier this year unless they can tack on a couple for points to the rate.

 

[Abraham5G]

Ford has announced financing rates on the 2024 F-150 through January 2.

https://fordauthority.com/2023/10/2024-ford-f-150-already-has-a-special-financing-deal/

Since the current financing rates were only good through January 2nd, would anyone know the new financing rates for 2024 F-150s beginning January 3rd?

 

[SEPA F150]

Since the current financing rates were only good through January 2nd, would anyone know the new financing rates for 2024 F-150s beginning January 3rd?

Probably won't know for at least another month when the 24s start hitting dealers.

I do know that I'm only willing to finance through Ford or line up my own financing. Dealers consistently add two points to the captive financing interest rate.

 

[lariater1996]

Looks like rates are basically unchanged:
Ford Credit Rates are valid from 01/03/2024 to 04/02/2024
Click on the calculator here https://shop.ford.com/configure/f15.......SS5.CCAB.779.]?intcmp=reveal-seconNav-fbc

 

[SEPA F150]

Looks like rates are basically unchanged:
Ford Credit Rates are valid from 01/03/2024 to 04/02/2024
Click on the calculator here https://shop.ford.com/configure/f150/2024/config/paint/Config[|Ford|F-150 F-150|2024|1|1.|501A.W5L.....SS5.CCAB.779.]?intcmp=reveal-seconNav-fbc

I wonder why they even bother. I'm pre-qualifed and pre-approved by FMC for up to 98K.

I've spoken to a couple dealers who won't let me finance through Ford. They will only allow their other captive lenders.

 

[lariater1996]

Then you're speaking to the wrong dealers. Speak with Granger Ford.

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