Just an advance payment and an Optional Final Payment.
No monthly payments to make.
Take a look at the video to see how it works.
Advance Payment : This is the difference between the purchase price of the car and the Optional Final Payment and includes any interest charges and the Facility Fee. This is paid up front.
Optional Final Payment : This is due at the end of your agreement. It is the anticipated future value of your car assuming its mileage and condition is as agreed when you signed your agreement.
Once you have chosen the vehicle you want to buy then you will need to make a few decisions about your:
Your dealer will then calculate your Advance Payment.
At The End
You have three options at the end of your agreement:
Choose another car.
Your chance to drive another new Ford Car. You can trade your old car in or sell it privately. Once you’ve fully settled your account (including the Optional Final Payment) any money left may be used as deposit for your new Ford Car.
Hand the car back.
You’ll have nothing further to pay, providing the car is in good condition and the agreed mileage hasn’t been exceeded.
Keep the car.
If you decide to keep the car, assuming all payments have been made, you just need to pay the optional final payment plus the purchase fee and it’s yours to drive away.
Finance subject to status. Freepost Ford Credit.
Ford Credit is a trading style of FCE Bank plc. Registered in England: No 772784. Registered Office: FCE Bank plc, Arterial Road, Laindon, Essex, SS15 6EE. FCE Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under firm reference number 204469.