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Ford offers interest free loans on hybrids in two major markets

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Ford rolls out cheap loans for hybrids

 

Automaker to offer interest-free financing on Escape hybrid SUVs in California and Washington, D.C. to increase already strong sales.

 

DETROIT (Reuters) - Ford Motor Co. is offering interest-free financing on its Escape hybrid sport utility vehicle in California and Washington, D.C., to boost sales in markets that see strong hybrid sales.

 

California and Washington are Ford's two hottest hybrid markets, Ford spokesman Monte Doran said on Thursday.

 

"The real purpose is that we are continuing to raise awareness of the Escape hybrid," Doran said.

 

In addition to rebates, Ford is also spending on advertising campaigns, featuring Kermit the Frog, that tout the company's commitment to hybrids.

 

The advertising campaign helped drive a 13 percent increase in Escape hybrid sales in February compared to the previous month, Doran said.

 

Ford's new offer in the two states, however, cannot be combined with the rebate of as much as $1,000 that the automaker already has on the vehicle.

 

Buyers in California and Washington can pick either zero-percent financing or rebates on the Escape Hybrid, which runs on both a traditional engine and a battery-powered motor, Doran said. The offer, which began on Thursday, ends in three weeks.

 

Ford is far behind leader Toyota Motor Corp. in hybrid sales in the United States, but is planning to increase production of the gasoline-electric hybrid vehicles tenfold to 250,000 by 2010.

 

 

 

http://www.cnn.com/2006/AUTOS/03/16/ford_h...reut/index.html

yeah, 31 mpg? whee!!! I feel like I'm in the year 2500!

 

good gesture though by Ford.

 

 

it dont get that.

Its sarcasm. Come on Das you get it.

 

About the interet free financing, Ford does this with all their vehicles atleast once a year. Problem is you need like a 750+ beacon score. Im definately not qualifying for an interest free loan.

yeah, 31 mpg? whee!!! I feel like I'm in the year 2500!

 

good gesture though by Ford.

 

 

it dont get that.

Its sarcasm. Come on Das you get it.

 

About the interet free financing, Ford does this with all their vehicles atleast once a year. Problem is you need like a 750+ beacon score. Im definately not qualifying for an interest free loan.

:)

 

Ford is just trying to get more people into their dealerships. What I hated when I bought my Toyota is that they sell so damn good that I got zero rebates. Damn them for having great automobiles and pretty much selling themselves. Damn them!!!!

 

I should throw out my theories about the auto industry soon.

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