Say you have your eye on a 2020 F-150 with a price tag of $50,000. A 72-month loan (6 years) at 0 percent interest comes to $694 per month. But say that interest rate was listed at 5 percent. This would amount to almost $8,000 in interest alone, bringing that monthly payment to $805 over that same period of time.
And in case you’re wondering, the F-150 Raptor is not eligible for this specific offer, which is a shame but not exactly surprising. If buyers are not loyal to one specific truck brand over another, it may also be worth investigating various rebate offers as well.