Ford 2nd quarter profits

[jpd80]

Originally Posted by hayseed

The factory can only sell a vehicle Once.!
Ford Credit Can (& Does) Finance That same Vehicle Several Times..!

It’s much shrewder than that, financing is on the non-discounted price so the true cost of
financing a vehicle is hidden thanks to buyers only looking at their monthly payment.
More interest is paid on the first two to three years than the rest of the term,
so offering 72 month terms sustains that higher interest in the first three years.