What credit score do you need to finance with Ford?

If you’re a Ford customer in Madison, Wisconsin and are considering financing your next vehicle purchase, you may be wondering what credit score is needed to secure the loan. While having an excellent credit score will give you more options and better terms, it’s not necessarily essential for every type of loan at Evansville Ford. Understanding the various factors that go into receiving favorable financing with your local Ford dealership can help provide clarity when making this important decision. In this blog post we’ll discuss how your credit score plays a role and explain some tips for ensuring the best possible financing outcome.  Let’s get started!

Ford Motor Credit is an excellent option for those looking to finance their Ford vehicle at our Madison Ford dealer. Ford Motor Credit aims to make financing easy, with different options and levels of credit available. While specific requirements may vary depending on the dealership, it is likely that to be approved for Ford Motor Credit applicants will need a good credit score; typically around 680 or higher. However, Ford offers plenty of chances for those with lower credit scores to still get financed, so be sure to consult your local Madison Ford dealer for more information about individual requirements.

Ford Motor Credit has become a key factor in the success of Ford and its dealer networks, offering financing options for customers to help them purchase the Ford vehicle of their dreams. Ford finance deals can be found at our Ford dealership near you, and Ford Credit offers multiple options that cater to different needs, such as Ford leases or owning the vehicle outright. To increase your chances of getting approved for Ford Financing, be sure to have a good credit history, as this could put you in a better position to secure the Ford deal you have been looking for. Also, research the various packages and loan terms before applying, so you can narrow down which one works best for you. Taking these few steps might improve your chances of being approved for Ford Financing and offer more assistance towards making your dream car a reality.

Why finance a Ford with Ford Motor Credit?

1. Lower Interest Rates

One of the primary benefits of financing a Ford with Ford Motor Credit is that you will likely qualify for a lower interest rate than you would with another lender. This is because Ford offers special financing rates to customers who finance their vehicles through the company. Ford deals help you save even more money at Evansville Ford, our Madison Ford dealer.

2. Flexible Terms

Another benefit of financing a Ford with Ford Motor Credit is that you will have the opportunity to choose from a variety of different financing terms. This means that you can choose a repayment plan that best suits your needs and budget.

3. No Prepayment Penalties

If you decide to pay off your loan early, you will not be charged any prepayment penalties by Ford Motor Credit. This is a significant benefit, as many lenders charge hefty fees if you choose to repay your loan ahead of schedule.

4. Exclusive Offers and Incentives

As a Ford customer, you will also be eligible for exclusive offers and incentives that are not available to those who finance their vehicles with another lender. These offers can include discounts on vehicle maintenance and repairs, as well as special financing rates on future purchases at our Madison Ford dealer. 

5. Convenient Online Account Management

Ford Motor Credit also offers convenient online account management tools that make it easy to keep track of your account and make payments. You can also view your account history and see all of your transaction details in one place.

6. Experienced Customer Service Team

If you have any questions or concerns about your account, you can contact the experienced customer service team at Ford Motor Credit for assistance. The team is available Monday through Friday from 8:00 am to 8:00 pm EST, and they will be happy to help you with anything you need. Or, stop by our Madison Ford dealer to speak with our Ford finance team in person!