pledge Posted January 6, 2010 Report Share Posted January 6, 2010 I'm getting an new EDGE here in a few days and am just taking a gamble on which way the new incentives will go on the 11th. Anyone have a clue? If the incentives go up I may be able to add navigation or the sun roof - but if they go down, I'll be dropping options off my list or jumping to a different car. Quote Link to comment Share on other sites More sharing options...
Grey Posted January 6, 2010 Report Share Posted January 6, 2010 I doubt that Ford knows yet what the Jan 11 incentives will be until Fri. What are they now in your zip? Does it include any FDAA funds? In my area today there is $3k total on retail. Quote Link to comment Share on other sites More sharing options...
pledge Posted January 7, 2010 Author Report Share Posted January 7, 2010 Incentives are $3k in my area as well. What are FDAA funds?? Have there ever been incentives over $3k on the EDGE before. I'm about $1,000 over my budget with NAV so I was hoping to see even more incentives on the 11th. I doubt it will happen. Quote Link to comment Share on other sites More sharing options...
Grey Posted January 7, 2010 Report Share Posted January 7, 2010 FDAA is a local fund the dealership pays into on each vehicle. The local dealer group can decide how to use the fund. Some will go to local advertising and some may go to additional incentives on vehicles they choose to "spiff". Atlanta might put $500 on Edges for local zip codes and Memphis might put money on F150's.. Regardless where you buy, you only qualify for the incentives for your zip code. Logic would tell you that incentives go on what isn't selling well, or where the competition has heavy incentives. If GM puts more on their CUV's this week, Ford may decide to respond with more also. If our foresight was as good as our hindsight we would know exactly what time to buy. There have been higher incentives - year end closeouts. See the leftover 2009's. Good luck with your decision. Quote Link to comment Share on other sites More sharing options...
ablb Posted January 7, 2010 Report Share Posted January 7, 2010 I read an article a few weeks ago about incentives going AWAY in the near future. Manufacturing capacity is DOWN, inventory is DOWN and the economy is UP. ab Quote Link to comment Share on other sites More sharing options...
Van G Posted January 14, 2010 Report Share Posted January 14, 2010 Looks like they've gone from max 3,000 to 2,000 on cash deals. Quote Link to comment Share on other sites More sharing options...
Grey Posted January 14, 2010 Report Share Posted January 14, 2010 Ford shuffled the deck but the $3k is still there. The RCL support was reduced. Any retail deal cut last week is still good. Quote Link to comment Share on other sites More sharing options...
Van G Posted January 18, 2010 Report Share Posted January 18, 2010 (edited) I'm a Canuck looking to purchase (no finance) an Edge and F-150 from the USA between now and the early summer (flexible). Number of factors that I can't get a handle on: - bull(ish) economy reducing incentives and inventory & production reduced - re-tanking economy.... - 2011 models roll out in the summer - exchange rate All of the above factors with the exception of the 2011 release date require the crystal ball method of forecasting. Anyone have advice on when to purchase? End of Jan? End of Quarter? When 2011's are on the lot? Also, are there better States to purchase from (dismissing sales tax) or should I be able to get just as good a deal in NY as CA? Cheers Edited January 18, 2010 by Van G Quote Link to comment Share on other sites More sharing options...
Grey Posted January 18, 2010 Report Share Posted January 18, 2010 (edited) Since customer cash and sometimes dealer cash is controlled by the zip code where the vehicle will be registered, I question whether you would qualify for the incentives a local resident would get. You better have a conversation with a border dealer to see what their experience has been with Canadian sales. In the States, you can qualify for the same deal wherever you purchase - all zip code controlled. Let us know what you find out. Edited January 18, 2010 by Grey Quote Link to comment Share on other sites More sharing options...
igcitng Posted January 19, 2010 Report Share Posted January 19, 2010 An ad on tv last nite said the Edge has 0% financing right now. Usually the rebate is better if they offer one or the other. Quote Link to comment Share on other sites More sharing options...
k_m Posted January 19, 2010 Report Share Posted January 19, 2010 The rebate would be better if you have the remainder amount of cash to buy the car. If you use the rebate and then use a loan to pay for the Edge, then you may end up paying more than you saved with the rebate. So, if you cannot buy flat out, then the 0% is the better/safer route b/c it g ives you leeway and doesn't tie up your available funds. Quote Link to comment Share on other sites More sharing options...
akirby Posted January 19, 2010 Report Share Posted January 19, 2010 It depends entirely on how much you're financing and for how long and the amount of the rebates. You need to calculate the total cost of each option (rebate with regular financing, 0% financing, etc.) to see which one is cheaper. It's always cheaper to pay cash. Quote Link to comment Share on other sites More sharing options...
igcitng Posted January 19, 2010 Report Share Posted January 19, 2010 If someone were to buy one with a high price point and finance most of it the 0% interest would definitely be the best deal. Except if they limit it to 3 years like they do sometimes, that may be tough. Quote Link to comment Share on other sites More sharing options...
Van G Posted January 20, 2010 Report Share Posted January 20, 2010 Since customer cash and sometimes dealer cash is controlled by the zip code where the vehicle will be registered, I question whether you would qualify for the incentives a local resident would get. Didn't realize that rebates were based on area the vehicle is registered? Went through the process of purchasing an Edge about 19 months ago from a dealer in Washington State and didn't seem like this was an issue, although, I never did follow through. Also, from my reading of related threads on another sites, many Canadians are taking advantage of the rebates in the US. I'll check into it and post back. What about time of purchase? "Anyone have advice on when to purchase? End of Jan? End of Quarter? When 2011's are on the lot?" Quote Link to comment Share on other sites More sharing options...
akirby Posted January 20, 2010 Report Share Posted January 20, 2010 Didn't realize that rebates were based on area the vehicle is registered? Went through the process of purchasing an Edge about 19 months ago from a dealer in Washington State and didn't seem like this was an issue, although, I never did follow through. Also, from my reading of related threads on another sites, many Canadians are taking advantage of the rebates in the US. I'll check into it and post back. What about time of purchase? "Anyone have advice on when to purchase? End of Jan? End of Quarter? When 2011's are on the lot?" It's done that way to prevent buyers from choosing the dealer based on the incentives for that dealer's zip code. This way you always get the same incentives no matter which dealer you use. In GA that's also how our state sales tax works. Not sure what they use for Canadian customers. Quote Link to comment Share on other sites More sharing options...
Van G Posted January 20, 2010 Report Share Posted January 20, 2010 It's done that way to prevent buyers from choosing the dealer based on the incentives for that dealer's zip code. This way you always get the same incentives no matter which dealer you use. In GA that's also how our state sales tax works. Not sure what they use for Canadian customers. Interesting. I thought the incentives were based on inventory levels which would be related to the economies of the area. I'll know soon enough. Quote Link to comment Share on other sites More sharing options...
akirby Posted January 20, 2010 Report Share Posted January 20, 2010 Interesting. I thought the incentives were based on inventory levels which would be related to the economies of the area. I'll know soon enough. They are to some extent, but that's just it - regardless of whether you target one county or a metropolitan community like Metro Atlanta or even a multi-state area - there will always be dealers in the next county over that doesn't have the same rebate and without this rule all of that dealer's potential buyers could just drive 30 minutes and get the higher incentives. Basing it on the buyer's zip code levels the playing field for all of the dealers in that area. Note that most rebates are national and would not have any zip code restrictions. Quote Link to comment Share on other sites More sharing options...
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