Ford is introducing new payment options for its van and pick-up customers in a bid to offer greater flexibility when it comes to finance.
Given the majority of new cars and vans are now bought this way, Ford is introducing some of its most popular finance arrangements from its passenger cars onto its commercial vehicles, too.
Known as Ford Options, this new way of financing a Ford van allows you to have a hire purchase agreement for 24, 36 or 48 months. You choose your deposit amount, loan length and annual mileage and then at the end of the agreement can decide to renew the vehicle, keep it or return it once all the monthly payments have been made.
Another way of financing is with Ford Options Cashplan, which adds interest and fees to the balance of the finance, which can then either be paid with an advanced payment (rather than on a monthly basis) or optional final payment at the end.
Louise Clunie, lease and CV manager, Ford Credit Britain, said: “Ford Options allows customers to drive a new Ford with a tailor-made financing package that suits their needs.
“This type of flexible product has been the most popular finance plan for Ford passenger vehicles in the U.K. for more than 25 years, and we are delighted to now make it available across our award-winning commercial vehicle range too.
“The majority of our business customers currently finance their Ford vehicles on traditional loan agreements. Ford Options goes further by offering customers ownership, a planned and controlled change cycle, and choice at the end of the contract. We can tailor their finance package to meet their acquisition needs, wants and desires, making Ford Options a more affordable option for many customers.”
Ford’s commercial range spans everything from the Ranger pick-up to the compact Transit Courier all the way through to the 3.5-tonne Transit – offering something to suit everyone.
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