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Ford Options interest rate non-negotiable and extremely high?

1007 Views 15 Replies 6 Participants Last post by  DDANM
Hi all - new to the forum and have found it valuable so here's some candy (Lariat Lighting at Woody Anderson Ford in Huntsville Alabama is selling for $76K MSRP with no ADM Search All Inventory ask for Alex Carr, he's the man).

Back to the question, I was considering purchasing the above vehicle to skip the wait on my reservation (ultimately I decided to hold out for my preferred XLT configuration) so had the finance guy run the numbers. He said the Ford Options interest rate was 8.7% and non-negotiable. Any one else have this experience or gotten a better rate than 8.7% recently? He admittedly had done a Ford Options purchase before so I am skeptical.
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i did my homework and searched the forum for information but most is from over a year ago when the world of financing was much different. i fully understand i can get a better rate from a credit union (Navy FCU is at 4.54% today for example). this is the point of my question. the dealership's finance guy is telling me to get Ford Options financing its 8.7% non-negotiable which is ridiculous.
I was looking at the options plan back last october/november. I came to realize that even if the rate was decent i’d end up paying more in the end. About the only benefit I could see was having the option to turn it in And walk away.
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