# Ford to take government loans **URL:** \ **Category:** NYSpeed Automotive\ **Created:** [June 23, 2009, 10:20am UTC](https://forums.speedlife.net/t/ford-to-take-government-loans/69579 "2009-06-23T10:20:58Z")\ **Posts on this page:** 3\ **Page:** 2
**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\ **Post date:** [June 23, 2009, 1:30pm UTC](https://forums.speedlife.net/t/ford-to-take-government-loans/69579/21 "2009-06-23T13:30:55Z")
> [@Joe](#): > > I don’t think they are published, but incentive programs like this are always way better than their cost of capital in, say, the bond market. Well obiviously it is lower than your cost of capital or you wouldn’t take them, but from what I am seeing super low doesn’t come to mind when I look at them. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [June 23, 2009, 1:34pm UTC](https://forums.speedlife.net/t/ford-to-take-government-loans/69579/22 "2009-06-23T13:34:17Z")
Ford is 8 steps into junk bond status. Their rating is CCC. They have to pay about 15% interest if they sell debt. ---
**Author:** ![BigEd88](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/biged88/32/5064_2.png) [@BigEd88](https://forums.speedlife.net/u/BigEd88)\ **Post date:** [June 23, 2009, 2:52pm UTC](https://forums.speedlife.net/t/ford-to-take-government-loans/69579/23 "2009-06-23T14:52:44Z")
weren’t the automakers expecting money anyway for fuel efficient stuff even prior to any bail out talk? Remember how the big three wanted an “advancement” on the fuel efficiency spending money. I could be wrong though. [Previous page](https://forums.speedlife.net/t/ford-to-take-government-loans/69579.md?page=1)