Ford Offers Lower Rates to Subprime Buyers to Boost F-150 Sales

1 min read
Source: CNBC
Ford Offers Lower Rates to Subprime Buyers to Boost F-150 Sales
Photo: CNBC
TL;DR Summary

Ford is offering special financing rates to buyers with lower credit scores (below 620) to boost F-150 sales before the end of Q3, aiming to make vehicles more affordable despite the higher risk associated with subprime lending. This move aligns with industry trends as automakers like Stellantis and General Motors also provide low-interest deals to attract buyers amid rising vehicle prices and high interest rates.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

88%

54165 words

Want the full story? Read the original article

Read on CNBC