The electric crossover Ford Mustang Mach-E can now be bought on credit

The electric crossover Ford Mustang Mach-E can now be bought on credit

July 1, 2020 0 By autotimesnews

The American automaker announced that it is now possible to get a loan for 84 months for the electric crossover Ford Mustang Mach-E.

Ford Mustang Mach-E is finally on sale in the United States. Acceptance of orders is already open, and the American brand will be happy to accept your deposit and work closely with you to complete the purchase transaction. It turns out that you can already place an electric crossover purchase on credit for 84 months. Loan financing is offered by the automaker themselves.

A new publication from the North American edition of CarsDirect explains that this may sound like an intriguing deal, but this is not always the case.

The “leak” of information from internal documentation that is intended for brand dealers shows that seven-year financing is carried out at a rate of 5.9% per annum compared with 3.9% per annum for 72-month lending.

Now about the price of a Ford Mustang Mach-E.

In addition, if you choose to finance your loan for 48 months, the rate will be 0.9% per annum, which will lead to an overpayment of only $ 832. for the purchase of a crossover Mustang Mach-E in the amount of $ 45,000. In turn, choosing an 84-month loan, you will overpay $ 10,000, while the crossover price will exceed $ 55,000.

CarsDirect also notes that electric cars are depreciating more than traditional cars, and buyers should consider this when buying a new electric car. For example, the BMW i3 loses 63 percent of its value during the first years of car ownership, compared with an average of 38 percent for cars using traditional ICEs.

Not so long ago, we wrote that Ford plans to release the extreme F-150 Raptor in a year. Initially, Ford Corporation was going to present an extreme version of the new generation Raptor F-150 pickup truck this year, but in the end they decided to postpone the premiere.