Hello, My F150 lease ends September and I’m very ready to pounce on the buyout given it looks like I’m going to be $6-9k under conservative value. My question for advice is should I jump on a loan now before the rates go even higher? I’ve got superb credit, but the rates are already eye opening to…

You can try a Personal Line of Credit which would lock the interest rates and you would not start accruing interests until you draw from it. I did it a few months ago and the process to set it up took about a month.

[image] JeremyMarut: My question for advice is should I jump on a loan now before the rates go even higher? Yes 101010

An equally large concern is staying with Ford Credit’s 120- or 90-day window. Before they start making you jump through hoops to buy your own lease

Yes take a loan now, and if/when rares are going down again just refinance it.

[image] JeremyMarut: should I jump on a loan now before the rates go even higher? I’ve got superb credit, but the rates are already eye opening to me. What is an appealing rate/term combo, and where are you looking? This may not apply to you, but I’m asking because I see a lot of people talk…

[image] The Best Finance Rates & Hacks! Submit your CU recommendations! Wiki Sometimes it can be better to finance a car rather than lease it! Some of the reasons this may be true include: Federal EV credit - some lease originators may not pass the full Federal EV credi…

Don’t forget the tax as well, but you will probably end up ahead

Thanks, I don’t even know my options yet, just starting, but the rates skyrocketing got me shaking.

I’ve seen mention of this but don’t see the fine print. Would you be kind to elaborate about this 90-120 day window, my 120 day starts on the 24th…

I found this post helpful [image] My experience ending a Ford lease Share Deals & Tips Today I ended my Ford lease and got myself some positve equity out of the deal. For those looking to end your Ford lease, here is what I did… I had a 2019 Ford Edge. My lease was up Ma…

Buyout now Before Interest Rates Go Further Up?

Ask the Hackrs Buy/Finance

harrydogyo June 15, 2022, 10:51am 7