Your First Car or Your Post-Grad Ride: Exclusive Auto Financing Programs
Are you buying your first car or recently graduated from college? We offer specialized auto financing programs designed to help you secure a vehicle with limited or no prior auto credit history. Benefit from premium financing rates, low or zero down payment options, and flexible terms on eligible new Ford, new Lincoln, and certified pre-owned vehicles.
The First-Time Buyer (FTB) Program
The First-Time Buyer program is designed to help customers with no prior auto credit history get behind the wheel of a reliable vehicle without facing penalized interest rates.
Key Benefits:
• Top-Tier Rates: Qualify for a Max Tier 1 financing rate.
• Low Down Payment: Requires a minimum customer down payment of just $750.
• No Auto Credit Required: Approvals are available even if you have zero prior auto tradelines.
Eligibility Requirements:
• Credit Score: Minimum 620 FICO score.
• Income & Employment: Minimum 6 months at your current job. Upfront proof of income (POI) is required for Tiers 3-4. Maximum 22% Payment-To-Income (PTI) ratio.
• Credit History: You must have no prior repossessions, charge-offs, or bankruptcies.
The College Student Purchase Plan (CSPP)
The College Student Purchase Plan rewards recent graduates with our most competitive financing terms to help you transition into your post-grad life.
Key Benefits:
• Premium Rates: Qualify for our best Tier 0 Rate.
• Zero Down Payment: There is absolutely no down payment requirement to drive off the lot.
Eligibility Requirements:
• Graduation Status: Your vehicle contract date must fall within 2 years of your graduation date.
• Documentation: A valid Ford eligibility certificate is required.
• Credit History: You must have no prior repossessions, charge-offs, or bankruptcies.
Which Vehicles are Eligible?
Both programs apply to a wide range of popular new and used models. Note: New Lincoln models are exclusive to the CSPP program.
• Eligible New Ford Models: Bronco, Bronco Sport, Escape, Explorer, F-150, F-150 Lightning, Maverick, Mustang, Mach-E, and Ranger.
• Eligible New Lincoln Models: Available for College Student Purchase Plan (CSPP) only.
• Eligible Certified Pre-Owned (Used) Vehicles: Ford FBA Gold/Blue & Lincoln CPO Signature/Select (Current model year up to 5 years old).
Financing Terms & Limitations
• Contract Lengths: New Retail (up to 84 months), Flex Buy (66 months), Lease (36 months), FBA/CPO (up to 84 months, Retail Only).
• Maximum Advance: Up to 105% Loan-to-Value (LTV) or a $50,000 maximum amount financed.
• Usage Restrictions: Limit of one vehicle per customer. Vehicles are for personal use only.
• Exclusions: These programs are not compatible with 90-day deferred payment promotions.
Program eligibility does not guarantee credit approval. Subject to credit approval by Ford Motor Credit Company. Available for personal use only; limit one vehicle per customer. Offers not compatible with 90-day deferred payment programs. Maximum advance of 105% LTV or $50,000 maximum amount financed applies. Customers must have no prior repossessions, charge-offs, or bankruptcies. Valid on select New Ford models and eligible certified used vehicles (Ford FBA Gold/Blue & Lincoln CPO Signature/Select, current model year up to 5 years old). New Lincoln models are eligible under the CSPP program only. First-Time Buyer (FTB) Pilot requires a minimum $750 customer down payment, minimum 620 FICO score, minimum 6 months at current job, and maximum 22% PTI. Tiers 3-4 require upfront proof of income. College Student Purchase Plan (CSPP) requires a Ford eligibility certificate and a contract dated within 2 years of graduation. See dealer for complete details.