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Ford Offering Great Incentives in February

Ford IncentivesNormally when you buy a car, you have to choose between cash back rebates and a low interest rate. Ford's new incentives for February allow buyers to have both.

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.






3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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