Stacy94PGT

Ford offering cheap loans on pickup trucks

Reuters

DETROIT -- Ford Motor Co. said today it was offering low-rate financing deals on many of its 2007 model-year vehicles and interest-free loans on its 2006 vehicles to boost sales.

The No.2 U.S. automaker, as part of its new "Truck Month" campaign, is offering 0-percent loans for 60 months on its 2006 pickups, including the F-series lineup, in an effort to clear inventory.

"In some instances, some of the 0 percent financing deals on 2006-model year products has been extended from earlier offers," Ford spokeswoman Lydia Cisaruk said.

Also, the company is offering a loan rate of 2.9 percent for 60 months on 2007 model year F-series Super Duty and Ranger pickups or a $2,000 cash rebate on these vehicles.

Ford, which will release its September U.S. sales results later today, has cut fourth quarter production by 21 percent to reduce swollen inventories of unsold vehicles.

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Stacy94PGT
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.

My next Ford.....