A vehicle is a substantial purchase for almost everyone and a financing agreement that suits your specific needs can be just as beneficial in the long term as your vehicle’s affordable headline price. Allen Ford, Essex Ford & SMC Ford are pleased to offer a selection of financing packages to suit the needs of any customers, with conventional loans accompanied by flexible Hire Purchase or Personal Contract Purchase arrangements
This simple agreement enables you to take full ownership of the vehicle by dividing the total cost of your car (minus the deposit) into monthly repayments over a pre-agreed period. Ford Hire Purchase deals are available with both fixed and variable interest rates, and repayments can also be made either in advance or arrears – making a Ford Hire Purchase agreement even more flexible.
These policies are very popular, due to the great choice and flexibility they allow customers. The monthly repayments are calculated by agreeing on the cost of the car (plus interest accrued) and deducting both the deposit and estimated value of the car at the end of the term (based on your expected annual mileage). At the end of the agreements (which can be as long as 42 months), customers have the choice of either handing the car back to the dealership or paying the remaining lump sum to take ownership of the car.
The traditional form of car finance, Ford Acquire provides flexible repayment terms and deposit levels.
The benefits of Ford Acquire:
With Ford Acquire you’re in complete control, with the flexibility to renew your Ford at any time during your agreement. Find out more about our current promotions. Your Ford Dealer will assist you with the process, including settlement of your outstanding balance on your behalf. Please remember, however, that the responsibility of settling the financial balance remains yours.
Make an enquiry or contact your nearest dealership here, for further details about the options available.
With Ford Options, you can enjoy all of the benefits of a new car, more often. If you would like to renew your Ford you can trade it in at your Ford Dealer or sell it privately once you have settled your account. Any excess value over the GMFV can be used as a deposit towards your new Ford.
With Ford Options, you’re in complete control, with the flexibility to renew your Ford at any time during your agreement. Find out more about our current promotions. Your Ford Dealer will assist you with the process, including settlement of your outstanding balance on your behalf. Please remember, however, that the responsibility of settling the financial balance remains yours.
Your pre-agreed GMFV gives you protection against any unexpected fall in used car prices. If you would like to return your car, your Ford Dealer will complete a vehicle appraisal. As long as your car meets our fair wear and tear standards, is within the agreed mileage, and your account is up-to-date, there will be nothing further to pay. Additional charges will be made if you exceed the agreed mileage or if your car does not meet our fair wear and tear standards.
Ford Options also gives you the flexibility to own the car at the end of the agreement. All you need to do is arrange payment of the GMFV, which was deducted at the start of your agreement, plus the purchase fee. We’ll contact you before the end of your Ford Options agreement to make sure you have plenty of time to decide which option is right for you.