PreservedSwine
Well-known member
- Joined
- Aug 5, 2023
- Threads
- 25
- Messages
- 312
- Reaction score
- 371
- Location
- Fort Myers
- Vehicles
- 2023 Lightning
Sweet deal!Here is the contract
FAQ since everybody has questions.
**2023 F150 Lightning Lariat ER**
- **MSRP:** $79,785
- **Selling Price:** $69,965
- **Rebates:** $13,250
- **POS Tax credit:** $7,500
- **Selling price after rebates and credits:** $49,215
- **Balloon Loan with FNYCU (administered by AFG):** $242/month
**WTF is this deal?**
- Easy. Dealership advertised discount online and they honored it. Everything else is me stacking rebates.
**WTF is $13,250 in rebates?**
- $7,500 Rebate Cash from Ford
- $2,750 AZXD Plan Rebate Cash for using X-Plan
- $2,000 Private Offer sent to me via email from Ford
- $1,000 Rebate Cash for my local zip code (YMMV on this). Ask dealer to check on Smart Vincent.
**WTF is a Balloon Loan?**
- It's sort of like a lease but you own the car. You can either choose to return the car or buy it out at the residual price at the end of the term. A few CUs in the country do this program. I used First New York FCU. I did this because I am allowed to return the vehicle at the residual price ($50k) and all I am paying is interest for 2 years. This is only to protect myself againt any further depreciation.
**I don't believe you, show me the sheet.**
- Here you go
The $7500 POS rebate is show as a down payment. Thats how that credit is applied.
**$5597 in TAXES HOLY SHIT??**
- Yea I live in NY, thanks.