I’m looking to buy an F150 priced at $66K. I don’t want any dealer add-ons and plan to put down $10K, with a 48-month lease and 15K miles per year. With my credit rating of 790, I qualify for Ford’s best interest rate.
When I use Ford’s website, I get an estimated payment of around $634, including state taxes.
However, the dealer has given me five different figures, and none are close. The quotes started at $900 and have dropped to $690, but the math still doesn’t add up.
Ford’s website gives you a pretty solid estimate, so if the dealer’s numbers are way off, something’s fishy. Make sure they’re not sneaking in extras or inflating fees. Stick to your guns, and don’t sign anything until the math makes sense. Maybe even get another dealer’s quote to compare. Sometimes, just letting them know you’re ready to walk away works wonders.
A $66K truck with a $10K down payment and a 48-month lease at 15K miles per year should definitely not be in the $900 range.
That’s way off! With a credit score of 790, you should be getting a pretty sweet deal on interest.