This week’s top car deals and reviews – January 21, 2022

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Ford Option Plan pricing for the F-150 Lightning will be available soon. Launched last year with the Ford Mustang Mach-E, the Ford options plan is being expanded to include the Ford F-150 Lighting EV light-duty pickup truck, and we expect this to greatly benefit buyers.

Ford will soon stock up to 80% fewer vehicle configurations. In order to reduce aging inventory, increase profitability and quickly change configurations of popular vehicles in a particular region, Ford aims to reduce inventory at dealerships and encourage buyers to order vehicles with complex configurations online.

Rentals for the 2022 Cadillac CT4 and CT5 cost the same. Both models have the same effective monthly cost, but one benefits from a higher residual value, making it a better car to rent.

Updates on the shortage of semiconductor chips. Supply chain issues due to the coronavirus pandemic have severely limited automakers’ ability to produce new cars and get them into the field. We explain what’s happening and what it means for this year’s car buying outlook.

Ford has a new money-back guarantee on used vehicles. To stay competitive, Ford will now offer a 14-day or 1,000-mile money-back guarantee on Certified Pre-Owned vehicles beginning February 1.

Honda wants to make low inventory levels the new norm. Like any other brand that uses semiconductor chips in vehicle manufacturing, Honda has suffered low inventory production and is looking to make this trend the new normal in an effort to reduce overhead.

2022 Honda Civic Si

Price protection is available to Ford Bronco buyers. Customers whose 2021 Ford Bronco orders could not be fulfilled are eligible to receive a rebate of up to $975 to place a new order for a 2022 Bronco which is not combinable with loyalty incentives.

Is the Ford option plan a good deal? We weigh the pros and cons of the Ford Option Plan, a unique balloon-shaped payment option, versus traditional financing and leases.

Ford Loyalty Program Payment history requirement removed. Current Ford customers may now find it easier to get a better deal when buying or leasing. Ford offers approved applicants one level of credit enhancement when refinancing through Ford Credit.

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