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How to finance a Ford F-Series

Explore your financing options on America's best-selling truck.

The Ford F-Series is the best-selling truck in the US since its launch in 1977 and the best-selling vehicle in America for 35 years. Find out how to finance your next Ford pickup and four mistakes to avoid.

How to finance a Ford F-Series

The Ford F-Series — from the compact Ford Ranger to the popular F-150 — all come with a variety of financing options.

Dealership financing

Dealerships generally offer financing with the vehicles they sell. And they may earn a commission for connecting you with a lender. Going through your dealer is convenient, but you may not get the best deal on your car loan.

For example, a dealership in Florida may offer 0% financing for 36 months on a 2020 Ford F-150. But these terms are only for eligible buyers — those with excellent credit and a high income. All other borrowers may end up with a truck-load of interest and higher monthly payments.

Direct purchase

You can customize your Ford F-Series, search available inventory and get financing directly from the manufacturer. Shop and apply for credit on Ford's website, and if you're approved it'll send you to a participating dealership to complete the purchase.

New car loan

Instead of being at the mercy of a dealership or the Ford Motor Co., you can control who finances your truck by arranging your own funding directly with a lender. Since you're eliminating the middleman, you might even find a better deal.

And when you walk into a dealership with a preapproved loan for your Ford F-Series the dealership has to top what the lender offered if it wants to sell you on its financing.

See more car loan options today

Explore auto loans that might fit your budget better than big-lot financing.

Name Product Filter Values Minimum credit score APR Loan term Requirements
PenFed Auto Loans
Starting at 1.79%
3 to 7 years
Active membership with PenFed
Low APR car loans from a well-known credit union.
No minimum credit score
3.9% to 27.9%
18+ years old, annual income of $4,000+, no active bankruptcies
Get pre-qualified for used car financing and receive competitive, personalized rates. Car Loans
Varies by network lender
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
CarsDirect auto loans
No minimum credit score
Varies by network lender
Varies by network lender
Must provide proof of income, proof of residence, and proof of insurance.
Save time and effort with this lending service specializing in beginner-friendly or subprime car loan.
Auto Credit Express Car Loans
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.

Compare up to 4 providers

How to finance a used Ford F-Series

Here's how to finance a preloved Ford F-Series.

Financing a Ford F-Series with Carvana

Carvana sells used vehicles, accepts trade-ins, and offers financing for your new truck. You can browse its catalog of vehicles online using its patented 360° photo technology. And once you've found your truck, you can use its estimated calculator to see if Carvana financing might be right for you.

Buying a Ford F-Series and financing through Carvana is a bit more flexible than going through other lenders. Carvana accepts all types of credit scores, and its minimum income requirement is only $4,000. But its terms are nonnegotiable, which means you can't get a lower price on your utility vehicle or change the APR.

Financing a Ford F-Series with Vroom

Vroom is an online used car retailer that lets you purchase and finance your new wheels through its small lender network. It presents your profile to its lenders when you apply for financing, including popular national banks like Chase and Santander. Its lenders then compete for your business by offering competitive rates.

Since each lender sets its own loan eligibility, you won't find clear-cut borrower requirements. You'll need to apply to see what rates you qualify for, which means a hard credit check and a potential drop in your credit score.

Financing a Ford F-Series with CarMax

CarMax, a veteran in the used car industry, also offers financing through multiple lenders — including big-names like Ally and Capital One. When you apply for credit, its lenders present their offers, and you can choose the car loan that fits your budget. And CarMax's sales consultants don't get paid extra if you choose CarMax financing, so there's no pressure if you find a better deal elsewhere.

CarMax has a budget calculator that gives you a glimpse of what your APR might be based on your credit score. But like Vroom financing, you don't know any loan details until you apply.

Mistakes to avoid when financing a car

Steer clear of the following slipups that could cost you more in the long run.

  • No down payment. Having a down payment — no matter how small — can reduce the interest you'll owe by lowering the amount you need to finance.
  • Not monitoring your credit. Review your credit score to know what interest rates you're eligible for, and skim your credit report for errors.
  • Not shopping around. Since lenders set their own interest rates, you might find a better deal if you compare a few different car loans.
  • Concentrating on the monthly payment. If you focus too much on shrinking your monthly payment, you'll drag out the loan term and end up paying more in total interest.

Bottom line

You've got plenty of options when it comes to Ford F-Series financing. Take a look at car loans from a few different lenders to find the best rate on your next Ford pickup.

Frequently asked questions

Answers to common questions about financing an F-series.

What is Ford Flex Buy?

Instead of standard financing with a set monthly payment, Ford Flex Buy has lower payments at the beginning of the loan term and higher amounts later.

What do I need to apply for Ford financing?

You'll need the following information to apply online for financing through Ford:

  • Social Security number
  • Employment information
  • Annual income
  • Address
  • Monthly mortgage or rent amount
  • Email

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