What is Ford Flex Buy?
Ford Flex Buy is a unique payment plan for qualified buyers. Ford Flex Buy program payments start out lower and gradually get higher after 36 months. The Ford Flex Buy program takes the rate on a 60-month traditional loan and extends that rate to 66 months. For the first 36 months of the loan the payment will be lower as compared to the 60-month payment. For the last 30 months of the loan, the payment will be higher than the first 36-month payment.
Here are examples of how the Ford Flex Buy program would work:
Amount Financed | First 36 months | Next 30 months | Avg Flex Buy Payment | Comparable 60 mo Payment |
---|---|---|---|---|
$15,000 | $252 | $306 | $276 | $296 |
$20,000 | $336 | $407 | $368 | $395 |
$25,000 | $420 | $509 | $460 | $494 |
$30,000 | $504 | $611 | $553 | $593 |