Focus Fanatics - View Single Post - Interesting offer from Ford Credit - Deferred Payment
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Old 12-03-2012, 01:29 PM   #7
copernicium112
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Join Date: Jul 2011
Fan#: 87742
Location: Rochester, NY
What I Drive: 2012 Sonic Blue Ti Sedan

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Quote:
Originally Posted by Shorty Long View Post
yeah...i'm definitely passing...i was more interested in finding out how common this was...it almost seemed to me like some sort of scheme
Well, regardless of who is offering it, no credit company is out there to do things for our benefit, only their own. Just like when those furniture (or whatever) places offer no-interest financing for 48 months or how ever long. They gloss over the part that in the fine print is the fact that if you don't pay it off in that amount of time they slam on compounded interest for the entire purchase price that started accruing from the day the purchase was made.
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