X-plan and ford shares
3/8/10, 10:27 AM
#1
Mach 1 Member
Thread Starter
X-plan and ford shares
guys,
not sure if this is the right section, but i have read in order to get the x-plan you need to own ford shares. does anyone know what the amount of shares you have to own in order to get this? is there a minimum number? i would like to purchase some if this will help in taking some more money off of the car i buy? when i get a new 2012 i want to use this if possible? any help??
not sure if this is the right section, but i have read in order to get the x-plan you need to own ford shares. does anyone know what the amount of shares you have to own in order to get this? is there a minimum number? i would like to purchase some if this will help in taking some more money off of the car i buy? when i get a new 2012 i want to use this if possible? any help??
3/8/10, 11:36 AM
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3/8/10, 11:59 AM
#5
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is that a new rule? i bought $20 worth of shares about this time last year (i think at the time it was about $2 a share), and bought a new mkx in may (less than six mths) using x-plan with no problem.
BTW thanx jeff!
BTW thanx jeff!
3/8/10, 12:17 PM
#6
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Luzstang,
I do believe it's a new-ish rule, yea. I believe if one was to read that entire thread (which is quite lengthy, so I don't blame anyone for NOT reading it), the change is talked about toward the end. Right now, with ford stock going the way it is, it's less and less of a good deal, buying shares to get x-plan. Now as for investment strategy, I'd say it's a pretty good stock to have, so figure that in too.
I do believe it's a new-ish rule, yea. I believe if one was to read that entire thread (which is quite lengthy, so I don't blame anyone for NOT reading it), the change is talked about toward the end. Right now, with ford stock going the way it is, it's less and less of a good deal, buying shares to get x-plan. Now as for investment strategy, I'd say it's a pretty good stock to have, so figure that in too.
3/8/10, 12:23 PM
#7
MOTM Committee Member
Yes its relatively new, I believe they came up with around october or november last year
3/8/10, 12:30 PM
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wow...i'm glad i got in when i did...i think it saved me almost 3k, not bad for a $20 investment. plus i got a $1500 rebate on top of that. though i could kick myself for not buyin more at the time, last i checked it was sellin at like $12...i've since been buyin more but not at that low price...good for ford anyway
3/8/10, 01:02 PM
#9
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"X-Plan" is also available to qualified suppliers to Ford -- the company has to be set up as an official "supplier" and then people can get an X-Plan identification by being a qualified employee of that company
3/8/10, 02:27 PM
#10
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I believe the shares program changed in that you now have to hold the stock for at least 6 months. Honestly it makes sense from Ford's standpoint.
If you work for a company I would check out their benefits page.
You would be suprised with how many partners ford has and allows them all to use X Plan.
If you work for a company I would check out their benefits page.
You would be suprised with how many partners ford has and allows them all to use X Plan.
3/8/10, 02:36 PM
#11
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I believe the shares program changed in that you now have to hold the stock for at least 6 months. Honestly it makes sense from Ford's standpoint.
If you work for a company I would check out their benefits page.
You would be suprised with how many partners ford has and allows them all to use X Plan.
If you work for a company I would check out their benefits page.
You would be suprised with how many partners ford has and allows them all to use X Plan.
3/8/10, 06:43 PM
#13
Mach 1 Member
Thread Starter
so what if i buy shares say tomm and then buy a car next week, would i still be able to do that or do i have to wait the 6 months before i can use it? only asking cause i can use it on my purchase of the escape in the next few days. i have the money so thats not the issue for the shares. i just need to know if it can be used right away. thanks guys.
3/8/10, 06:45 PM
#14
Mach 1 Member
Thread Starter
i probably should have read before i was quick on the trigger for my last post.
i guess it would work next go around for the mustang purchase. kinda too late now maybe
i guess it would work next go around for the mustang purchase. kinda too late now maybe
3/8/10, 08:57 PM
#15
MOTM Committee Member
follow the instructions in post # 8 of this thread https://themustangsource.com/showthread.php?t=478692
hopefully it helps
hopefully it helps
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