UPDATE 1-Ford offers modest loan deal for new F-150

Newswire

(Recasts lead, updates deals offered in second paragraph, adds details) DETROIT, July 24 (Reuters) - Ford Motor Co. said on Thursday it is offering a modest loan incentive for its 2004 F-150 pickup truck as it attempts to improve profits with a redesigned model. Ford spokesman Jim Cain said the 2004 F-150 would carry a loan deal of 2.9 percent interest for a three-year term, 3.9 percent for a four-year deal, and 4.9 percent for five years. The current version has zero-percent loan ...

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