Thinking about buying a new car? Maybe the current economy or the thought of losing your job may have you putting off that new car purchase. Well here is a bit of good news that may help you if you are riding the fence on what to do.
Ford Motor Company has announced a new program for its customers, called the Ford Advantage Plan. Along with great financing available now including 0% APR on some vehicles, Ford is offering this program to its customers. So what is the Ford Advantage Plan? If you purchase a Ford vehicle and lose your job Ford will make your vehicles monthly payments up to one year and up to 700 bucks per month.
How do you qualify? You have to be involuntarily unemployed for at least 30 consecutive days, you can not get the notice then go buy the car, and you have to be employed for at least 90 days and work at least 30 hours per week.
Ford will make the payment direct to your funding source so you do not have to be financed with Ford Motor Credit. The best part of this program is there is no cost to you. But you have to purchase the vehicle between March 31, 2009 and June 1, 2009. You can get a free copy of Ford’s Payment Protection Plan here.
With all the events happening in the auto industry these days, GM and Chrysler in the tank and now the government is taking them over. Ford is practicing capitalism at its best by coming up with new ideas and ways to keep business going. This is just one more reason to buy American not just made in America.
For auto advice go to the Ultimate Auto Advisor
Wednesday, April 1, 2009
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