ford's red carpet option
#1
has anyone on here had any experiance with the R.C. option plan from ford? and if so can you finance a mustang with it. Its sort of like a lease but you OWn the car. Im liking this plan because i can buy an 05 now but in two years ford will buy it back and I will not be upsidedown on the laon. Then i can get the 07 cobra with waiting for my pony??
any info would be a great help
any info would be a great help
#2
i believe it is only available in either Texas or New York only. I am thinking Texas only. The only thing is you get no equity in it. I have leased my last two vehicles, and it is great getting a new car every 3 years, but you cannot do any kind of mods on it, got to watch every nick and scratch put on it, and when it comes time to turn it in, if you choose to buy your out of luck because no equity. I just got a 05 Mustang, and had to save up money for a down, even though I would have alot of equity put in it. It is 3 years old, only 19500 miles, no body damage, and I get nothing out of it.
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