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Here are a few of our current financing specials. Information is believed to be accurate, but due to the promotions changing often from the manufacturer please contact our Internet Department to confirm accurate incentives. Our promotions change often, so if you do not see what you are looking for, click on "Quick Contact" and let us know how we can help. We will do our best to make sure you find the vehicle you want at a price you can afford.
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College Student Purchase Program
Description
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The College Student Purchase Program (CSPP) is supported by manufacturer-to-customer incentives (currently $500 customer cash). Ford Credit offer additional incentives to customers qualified under the Ford Motor program and finance through Ford Credit.
Rates for contracts dated after July 1, 2009:
•Qualified College Student Purchase Program customers with a 4 year degree will receive a Tier 1 rate when financing through Ford Credit.
•All other qualified College Student Purchase Program customers will receive a Tier 2 rate when financing through Ford Credit.
Eligibility
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Eligible Vehicles:
Select New Ford and Lincoln, light trucks.
Eligible Customers:
•Students currently enrolled full-time or part time at an accredited Four-Year College/University, Junior College, Community College, or Trade School (Student must be currently enrolled in a minimum of 2 classes or an equivalent of 6 credit hours) and is considered by the schools guidelines to be in "good academic standing" (academic standing may be noted on the student's term grade report).
OR
•Student has graduated or will graduate between dates specified on current program announcement.
OR
•Student is currently enrolled in Graduate School at one of the selected eligible colleges.
Please refer to the current C&I announcement and Dealer Bulletin for up to date program information and qualifications.
ELIGIBILITY:
For current program details, click on the links below
2011 College Student Purchase Program Dealer Reference GuideOverview and guidelines for the College Student Purchase Program
First Time Buyer Program (FTB)
A First Time Buyer (FTB) is a customer with no prior automotive finance history that is not a college student or recent college graduate. See Dealer Bulletin 20548 dated July 1, 2009 with exciting information for college students and graduates.
Eligibility
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Customer Eligibility
•No previous auto credit history on his/her credit bureau report
•No derogatory credit history (No delinquencies, charge-off, or judgments)
•Minimum verifiable 6 months on current full-time job
•Verifiable monthly income sufficient to cover payment and expenses
•Payment to income ratio of 15% or less
•Maximum total monthly payment of $350/month
•Total monthly debt ratio of 50% or less
•Maximum Advance (before add-ons such as ESP) is 100% of dealer invoice
•Minimum $500 customer cash down
•All purchase guidelines must be met to qualify for the FTB program
Contract Eligibility
•New Ford Credit Retail – terms up to 72 months
•New Red Carpet Lease and Red Carpet Option – terms up to 48 months
•Tier 0-4 (excludes Tier 5 contracts)
Vehicle Eligibility
•New Ford and Lincoln vehicles only
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