Ford to Make Car Payments if you Lose Job

Tuesday, March 31, 2009

DEARBORN, Mich-

Ford Motor Co. said Tuesday it is offering The Ford Payment Protection Program, a payment protection plan to help reassure consumers who may be putting off buying a new car because of worries about losing their job.

Ford said Tuesday it will cover payments of up to $700 for 12 months of payments on any new Ford, Lincoln, or Mercury vehicle in the event a customer is involuntarily unemployed. . The program runs until June 1.*

*Only financed purchases are eligible for benefits (cash, lease, APP and equity line purchases are not eligible)

Ford Motor Company also announced stand-alone 0% APR for 36 months on all 2008, 2009 and 2010 model year vehicles. (Excluding 2010 hybrids and 2008/2009/2010 Mustang Shelby GT500s and KRs).

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