You'll get better than 7% with good credit.
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I will be coming off a lease in January of 2017 and looking to get into a Raptor. I spoke with a buddy at Murfreesboro Ford who advised that most Ford dealers with be allocated 4 per quarter with a price tag of mid to upper 50's. Is this price right? If it is and I did my math correctly, at lets say 7% interest and 2000.00 down, the payment is over 1000.00 a month. Now I've had a fully loaded Eddie Bauer Expedition as well as a Lincoln Navigator both of which have been over the $60,000.00 mark and the payment still wasn't over $900.00. Does this sound right? If you don't mind me asking, what is your monthly payment and at what interest? BTW I have an awesome credit score.
Thank you for your time.
I don't understand your question??
math is math....is you finance a $60,000 mercedes its the same payment as a $60,000 raptor, provided the rate is the same of course