Financing the 2022 Lightning Purchase - Add Your Options

[TX_Gator]

They did in fact end up coming through! I had to go down to the dealer on the 27th to do some paperwork and the deposit since Tower needed the signed purchase agreement, then the next business day they called me to confirm the numbers and overnighted the check. Of course FedEx delayed it a day and a half but picked up the truck from Garnet Ford on the 30th.

Awesome, thanks! Congrats on getting the truck!

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[YankeeCP]

Parsons offered unfavorable terms that did not match the advertised rates.

Apparently they can only use base salary and ignore commission and bonus income. Waiting for a follow up. Just thought I would let others know who are in Sales and may not be salaried employees

 

[laselvasurf]

Parsons offered unfavorable terms that did not match the advertised rates.

Apparently they can only use base salary and ignore commission and bonus income. Waiting for a follow up. Just thought I would let others know who are in Sales and may not be salaried employees

Do you mind sharing the terms they offered? I'm looking to finance through but own a couple businesses, so my income is complicated.

 

[YankeeCP]

Do you mind sharing the terms they offered? I'm looking to finance through but own a couple businesses, so my income is complicated.

They only used about 40% of my income

Maximum finance amount: $65K
Down payment: Required
Term: 84-months
Rate: 6.14%

 

[laselvasurf]

They only used about 40% of my income

Maximum finance amount: $65K
Down payment: Required
Term: 84-months
Rate: 6.14%

Thanks for the info, that's worse than my current loan I was looking for refinance.

 

[YankeeCP]

Thanks for the info, that's worse than my current loan I was looking for refinance.

Yeah really weird to hear. Waiting to hear back from a manager or loan officer.

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