unas2k5

When will there be any incentives and special financing?
Is there a chance that there may not be any?
I called Ford Credit and they don't know.


Thanks!

jlmounce

Depends on market factors. If the car is selling well, there's no need for incentives.

When I purchased my 2011 there was only 500 worth of incentives at the time.

If you're trading a ford for another ford always ask if there is any loyalty cash. I got $1000.00 in loyalty cash on top of the $500.00 incentive that ford was providing.

unas2k5

Thanks for the reply.
No, I didn't trade in a car. I sold my 2010 Gt for a 5.0.
How about special financing?

jrs817

Check outside financing. I think Bank of America still has 2.9% for up to 60 months.

SoFlaBoss

I'm really surprised there isn't at least a $500 incentive already on the 2012's. We took delivery of the 2011 V6 MCA pictured below, that we had on order since 10/26/2010. We purchased it at X-Plan, plus recieved a total of $2250 in rebates, which includes the $750 private cash coupon we got in the 2011 Mustang brochure.

OAC_Sparky

The last 11's are just finishing rolling off the assembly line. You're not going to see substantial incentives until last year's stock (ie 2011) sells off.

Why would you buy an '11 if you could get a '12 at the same price?

FLAstangx3

"Why would you buy an '11 if you could get a '12 at the same price?"


Funny you should say that. I've been thinking: Why am I WAITING for my 2012, when these 2011's are all over the place when I could have one NOW. :-)

brewsky54

I know, right?!?! I should just can my order (no money down anyways), but its really hard for me to find an automatic in the color and options I want. Might have to bite the bullet here...

OAC_Sparky

Well, what I meant was that this is normal. Why would Ford offer incentives on the '12s when there are '11s on the lot?

unas2k5

I really hope that there will be incentives!

drewzx3

Im considering canceling my order and just seeing if the dealer can find me an 11. I just want a base gt in grabber blue only option is an auto.

Five Oh Brian

There are always some sort of incentives on "regular" V6 & GT Mustangs - even at the very beginning of the model year. Might not be a big rebate or super low interest rates, but maybe $500 and/or medium rates. Fast forward to mid year or later, and the rebates and rates will get better. Time = Money.

Everett

Why would there be....people are lining up to buy these things. Duh. If they weren't selling maybe ford would do something like that but they can't keep these cars in stock. So why would they want to give you a break. It's a bad *** car what more incentive do you need.

mcate

I always check here: http://www.ford.com/incentives/ .The incentives vary depending on your location

Five Oh Brian

The reason for a small, token rebate at the very beginning of the model year (even on a hot seller) is to help the consumer show a bit of "cash down" to increase the odds that a lender will approve the loan.

unas2k5

They actully just pulled my credit report for the 2012 Mustang 5.0 I ordered. My Fico score is a 684. I have 22 accounts total everything paid on time nothing bad reporting. I've only had 1 auto loan which was thru Ford Credit for my 2010 GT which has been paid off. I had it for 13 months payments of 607 a month. I'm 24 years old...Do you think they'll approve me? I should get the decision tomorrow. Anyone have experience with Ford Credit?

jlmounce

I wouldn't expect a great rate, but it should be possible to obtain financing. The banks are going to want to see probably at least 10% down with that score. It's really not that easy though. A lot of it is going to depend on your debt to income ratio. If you're not prime credit (over 700 for most auto lenders) they're going to require income statements, etc.

My advise based on how close your score is to becoming prime, is to wait for a little bit and get any unsecured debt paid down. I don't know your credit situation, but if you're 24 and have never defaulted on a loan or made continuous late payments, it's like debt that is keeping your score from being around the 720 range. You'll save yourself thousands in interest alone if you get that score above 700.

IguanaKeepr

Are the 2012 rebates listed here accurate? I'm not sure where they're getting this information.

http://autos.aol.com/cars-Ford-Musta...pe/incentives/

Five Oh Brian

Those look correct. Notice that those are rebates that apply to very specific groups - not the general public.

unas2k5

Ford offered me 11%!!!! for 60 months!!!!
My bank offered me 3.9 for 60 monthhs 4.9% for 72 months 7.2% for 84 I took the 72 months!
Theyre sending me a check for $37,000 I'm hoping it covers everything!
I feel like my dealership did NOTHING for me! No incentives no help at all! This is my second mustang from them. Is there any way I can negotiate a lower price or some type of cash back? Loyalty cash? What should I expect from them? How much can they really do?