Ford Forced to Offer Incentives on Used Explorers

[Stephen]

USA: Ford offering rare incentives on used 1997-2001 Explorers & Mountaineers

Ford Motor Company rarely offers any type of incentives on pre-owned vehicles. But now, the affects of the Firestone tire issue on used Ford Explorers and Mercury Mountaineers are prompting Ford to initiate this
rare action.

In a communication from Ford Motor Company to its dealers, Ford announced the program of low interest rates of either 5.9% or 7.9% for all 1997-2001 Explorers and Mountaineers for up to a term of four years, for qualified purchasers.

Ford, which is due to release sales figures for October later today, is predicting a decline of up to 20% for the Explorer and total sales lower by as much as 9%, compared to October 1999 sales.

Ford associates a portion of the decline of Explorer sales to the shutting down of three plants for three weeks to free up replacement tires for the Firestone tire recall.

 

[karl from idaho]

is this program still in effect???

does anyone know if this program on special ford credit financing on '97-2001 explorers is still in effect??

--karl

 

[Stephen]

I'm not sure Karl, all I can suggest is that you contact your closest Ford dealership's used department and just ask. I know my dealer out here has a LOT and I mean a LOT of used Explorers. They had 4 2000 Wedgewood Blue Limiteds last time I was there, all with under 5,000 miles and all of them selling for $28K.

 

[Dre]

and I was thinking for a while about buying a newer one for my wife.

Should check with my dealer tomorrow. Will let you know.

Later,