Ford Offering Great Incentives in February

Whether you choose to get a low percentage loan or cash back, Ford is offering a $1,000 promotional bonus in addition to either choice. The deal runs through February 28.

Small and medium size cars like the Focus and Fusion offer $1,500 cash back for 2010 models, while SUVs like the Expedition and Explorer come with $2,000 cash back. 0% APR is available for most models for a loan period of up to 36 months, with the SUVs leading the long term interest rates with a scant 1.9% for a 60-month term.

Interestingly, the Ford Ranger might be the best deal this month for buyers. A whopping $3,500 is available when one combines the cash back with the promotional award, for a vehicle which is generally cheaper than most mid-size sedans.

The venerable Mustang is light in cash back rebates, at only $500, but a 0% APR for qualified buyers on loans up to 60 months could be worth checking out.