[cornfay]

Did anyone finance their car through their Ford Dealer, and if so what sort of deals did you find. I was going to check with my bank and see what they can do of course, but just curious.

 

[07 SHELBY]

Did anyone finance their car through their Ford Dealer, and if so what sort of deals did you find. I was going to check with my bank and see what they can do of course, but just curious.

I did not..................07...........................

 

[rpretzel]

I will be going with a home equity loan through my credit union. Yes, there is a chance you can lose your house if you default on the loan, but the interest is tax deductible. Since I'm only financing a small portion of the total amount, I'm not too worried about losing my house.

(If you lose your house, at least you still have the Shelby!! )

 

[PDK]

I'll finance about half of my total $$ through these folks.... best rates around-- https://www.penfed.org/index.asp

Don't be discouraged by membership prerequisites, bottom line (if you go through the membership prompts on the website) is for $20 anyone can join Penfed credit union if you're not military, federal agency employee or family member.

A buddy of mine who recently bought a new Porsche 911 financed a large chunk of it using Penfed.

 

[Aldy]

I did a home equity loan - that way I get to deduct the interest. Just before my car came in, Ford announced their 0% loan on new cars - I asked my dealer if the Shelby qualified for this type of loan and he just laughed and said Ford didn't need incentives to sell their Shelby's.

 

[cornfay]

Thanks guys, just wanted to get a few different opinions, thought about the HELOC also, I did talk to my dealer since the post and he said it was available for 72 month financing. Depending on your situation could help, just thought I would share, and thanks to everyone who replied.

 

[66HiPo]

I'll finance about half of my total $$ through these folks.... best rates around-- https://www.penfed.org/index.asp

Don't be discouraged by membership prerequisites, bottom line (if you go through the membership prompts on the website) is for $20 anyone can join Penfed credit union if you're not military, federal agency employee or family member.

A buddy of mine who recently bought a new Porsche 911 financed a large chunk of it using Penfed.

lol you have to look completely thru the whole process to join that credit union that is really funny

 

[PDK]

lol you have to look completely thru the whole process to join that credit union that is really funny

Lol -- agreed 66HiPo. I found it a little bewildering at first, but they are for real: currently 5.74% APR up to 72 months, beats anyone else I have seen by almost 1%. I have no affiliation with them other than as a borrower.

Mostly Pentagon and military/federal employees as members but anyone can join - https://www.penfed.org/membershipApplication/eligibility/elig01.1.1.asp According to their website they have been around for 70 years, $8 billion in assets.

As I said earlier I have a friend who just financed his new Porsche through Pentagon Fed... and he has no affiliation with federal gov't. If anyone is interested further, this was the original lead -- (read starting from about post #10 in this thread http://forums.rennlist.com/rennforums/showthread.php?t=286007&referrerid=28792 )