Frequent question: What is the Ford College Student Purchase Program?

How much is Ford student discount?

Does Ford offer student and graduate discounts? Absolutely! Many students and recent graduates are eligible for up to $750 in savings through the Ford Drives U program.

How do I get Ford student discount?

Eligible college students and recent graduates will receive $500 (lease) or $750 (buy) bonus cash, plus great rates through Ford Credit on the purchase or lease an eligible new Ford vehicle from Varsity Ford.

What is the Ford Drives U program?

That’s why Ford has developed Ford Drives U, the College Student Purchase Program that offers college students and recent graduates a $500 incentive and great rates through Ford Credit when you purchase or lease a new Ford vehicle in Sioux Falls.

Can college students buy a car?

It’s possible to get a car loan as a student if you have a good credit history and reliable income. If not, you may have trouble getting approved. Fortunately, there are steps you can take — such as adding a co-signer and saving for a down payment — that can help improve your chances of qualifying.

How much should I spend on a car as a college student?

In general, the pricier your car and the closer you live to a major city, the higher your TTTF costs. If you’re just looking for a rough estimate, plug in $350 if you’re buying a car that costs less than $5,000, $750 if the car costs under $10,000 and $1,500 if the car costs less than $20,000. Boys, you’ll pay more.

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Can a college student get a car loan with no job?

College students can sometimes have trouble working a full-time job and attending classes – it can be a big workload. But if you don’t have any income at all, you’re not going to be eligible for a car loan. … If you have 1099 income (or self-employment), many auto lenders require two or three years of tax returns.

Can I buy a car with student loan debt?

Student debt makes it harder to get an auto loan, but it is definitely possible for student loan borrowers to buy a car.