Ford Finance Options

The benefits of Ford Credit

The following benefits apply to all Ford Credit finance

Plans:

• We are linked directly on-line to the Ford Credit system, so finance is straightforward to arrange.
• Ford Credit finance plans have been designed to meet your automotive finance needs
• You get enhanced control over your personal finances, with fixed regular repayments (over a variety of terms from 12 to 60 months) and a fixed interest rate for the term of your agreement.
• Your valuable time can be saved by not having to visit banks or explore the internet to arrange finance facilities.

With Ford Credit you are dealing with people who have a close working relationship with Lawtons of Tadcaster and are as passionate about Ford as you are!

With differing finance plans, Ford Credit makes vehicle finance readily accessible to Ford customers. The plans are FordOptions, and FordAcquire, the more traditional hire purchase product.

The benefits of FordOptions:

• The opportunity to drive a new Ford car more often
• Regular payments to suit your personal needs
• Flexible terms of 24, 30 or 36 months
• The assurance of a Guaranteed Minimum Future Value (GMFV) should you wish to pursue Option two as detailed below
• The option to own the car at the end of the agreement

How does it work?

1. You decide on the car you want to buy and tell us your anticipated annual mileage
2. You choose the deposit you want to pay and the repayment period that suits you
3. We then estimate the Guaranteed Minimum Future Value (GMFV) that the car will be worth at the end of your agreed finance term
4. This, and your agreed deposit, is deducted from your car price
5. Your repayments are then based on the balance, plus the interest on both this and the Guaranteed Minimum Future Value (GMFV)
6. Lawtons of Tadcaster will then submit your application through to Ford Credit
7. Once the finance documentation is complete, you can drive away in your new car

At the end of the agreement, you have three great options:

Option one - choose another car
You can choose another car by using any excess valueover the Guaranteed Minimum Future Value (GMFV) as a deposit on your next Ford car. You can trade in your old car, or sell it privately if you prefer, having settled your account, and use any excess monies towards your next Ford car.

Option two - return the car
You'll have nothing further to pay, providing the car is in good condition, and the agreed mileage hasn't been exceeded. Please note that the car's condition is assessed in accordance with our RAC-approved normal wear and tear guidelines.

Option three - keep the car
If you decide to keep the car, assuming all payments have been made, you just need to pay the Guaranteed Minimum Future Value (GMFV), plus the Option to Purchase Fee and it's yours to drive away. We may also arrange finance for the Guaranteed Minimum Future Value (GMFV).

A regular payments to suit your needs a Flexible repayment terms ranging from 12 months to 60 months at the end of the agreement, assuming all payments and the Option to Purchase Fee have been made, you own the car How FordAcquire works:

1. You decide on the car you want to buy
2. You choose the deposit you want to pay and the repayment period that suits you
3. Lawtons of Tadcaster can then calculate your repayments, based on the balance and interest, and submit your application through to Ford Credit
4. Once the finance documentation is complete, you can drive away in your new car
5. At the end of the agreement, assuming all payments and the Option to Purchase Fee have been made, the car belongs to you