Monday, April 6, 2009

Loose your Job, Ford Will Make your Payments! Ford Advantage Plan

What Benefit does the Ford Payment Protection Program offer?

• It pays the monthly amount due on your new vehicle purchase/lease up to a maximum monthly benefit of $700, for a maximum of 12 Benefit payments
• Benefit is paid directly to your financing source
• No cost to you
• It is important for you to continue to make your monthly financing payments on your account until you have received notification that your Benefits have been approved in order to maintain your current account status

What do I need to do to qualify for these BENEFITS?

• Purchase/lease an eligible new vehicle between March 31, 2009 – June 1, 2009
• Finance your new purchase/lease (cash and equity line vehicle purchases are not eligible; vehicle must be titled in the name of an individual)
• Be the primary purchaser/lessee responsible for the financing of the vehicle
• Be Involuntarily Unemployed for at least 30 consecutive days•Become Involuntarily Unemployed after the first 30-day exclusionary period immediately following the purchase/lease of your Ford vehicle, and before January 1, 2010
• Not have received notification of Involuntary Unemployment prior to your enrollment in the Ford Payment Protection Program (i.e., the date you purchased/leased your vehicle)
• Have been working full-time for 90 consecutive days, at least 30 hours per week, immediately before becoming Involuntarily Unemployed. This program does not cover part-time, seasonal, self-employed or persons employed by a family household member. However, if you subsequently become a full-time employee and later become Involuntarily Unemployed, you may qualify for Benefits provided you meet the stated eligibility requirements
• Complete a Benefit Form and submit all required documentation within 90 days of the day you became Involuntarily Unemployed in order to be eligible for Benefits

Click here for a complete list of Answers and Questions

Program subject to change. See dealer for full program details and qualifications.

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