As the country battles the spread of COVID-19 and the resulting financial crisis now facing many families, automakers are tackling two separate issues. One, helping customers who may be severely impacted by COVID-19 and find themselves unable to make payments. To that end, automakers are offering to discuss payment options and help for current owners.
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At the same time, automakers know they need to do something to bolster sales during this uncertain financial time. So you�ll find many automakers offering incentives on new vehicle purchases, in the way of deferred payments on some new models purchased during a certain time frame.
Here is a snapshot of the current list of automaker assistance information and deferred payment offers which we�ll update regularly. Also be aware that call times may be longer than usual due to reduced staff. Also, other lenders like Ally Financial are offering financial assistance for auto loan customers. Read More Here.
Ford Motor Company
March 18, 2020