<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/trends/" rel="tag">Trends</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/lincoln/" rel="tag">Lincoln</a>, <a href="http://www.autoblog.com/category/mercury/" rel="tag">Mercury</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.autoblog.com/2009/03/31/ford-new-vehicle-loans-adopt-job-loss-protection-a-la-hyundai-as/"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2009/03/ford-dealer-getty-bill-pugliano-580.jpg" /></a><br /><br />It isn't even noon yet here in Detroit, but already it's been a busy day thick with bailout fallout and new consumer loan guarantee programs introduced by General Motors and the Ford Motor Company.<br /><br />The Blue Oval has just unveiled its new Ford Advantage Plan, which can be thought of as a riff on Hyundai's much talked about Assurance Program. Ford's new initiative will cover payments of up to $700/month for up to 12 months on any new Ford, Lincoln, or Mercury vehicle if the loan holder loses his or her job. <br /><br />We hope to learn more specifics about the program soon (conditions/exclusions, etc.), but for now, the program takes effect immediately and runs through June 1. Buyers will be able to take advantage of the program as well as a new round of zero percent financing offers through Ford Motor Credit.<br /><br />As part of the announcement, Ford is also preparing a new dealership-level assistance program "to assist local charities impacted by the economic downturn," the details of which will be announced in April. Official press release after the jump.<br /><br />[Source: Ford Motor Company | Image: Bill Pugliano/Getty]<p><a href="http://www.autoblog.com/2009/03/31/ford-advantage-plan-guarantees-job-loss-protection-for-new-vehic/" rel="bookmark">Continue reading <em>Ford Advantage Plan guarantees job loss protection for new vehicle loans</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/03/31/ford-advantage-plan-guarantees-job-loss-protection-for-new-vehic/">Ford Advantage Plan guarantees job loss protection for new vehicle loans</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 31 Mar 2009 11:00:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/03/31/ford-advantage-plan-guarantees-job-loss-protection-for-new-vehic/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/1503481/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2009/03/31/ford-advantage-plan-guarantees-job-loss-protection-for-new-vehic/#comments" title="View reader comments on this entry">Comments</a>
More...
More...