Finance Plans for Commercial Vehicles
Use the comparison below to help you decide which type of financing is right for you.
Plan Features | |||
| Available From Your Ford Dealer | YES | YES | YES |
| Option To Own The Vehicle** | YES | NO | NO |
| Finance Term | 24 to 60 months (maximum term 48 months for Ford Acquire with balloon option) | Any term, 24 to 60 months | Any term, 24 to 60 months |
| Typical Advance Rental/Deposit | Zero deposit available (VAT normally paid up front) | Minimum one month's rental. | Minimum one month's rental. |
| No Responsibility For Vehicle Disposal | NO | YES | Vehicle sold on lesser's behalf. 100% of the net Sales Proceeds after all charges are returned to the lessee |
| Flexible End Of Contract Options | Renew/Retain | Return vehicle and Renew | Sell vehicle and Renew |
| Balloon Option | YES | NO | YES |
| Optional Maintenance/Service Package | Ask your Ford Dealer | Available at additional cost | Ask your Ford Dealer |
| Road Fund License | Included for the first year | Included for the duration of the agreement | Included for the first year |
| VAT On Monthly Payments | No VAT on payments but VAT on vehicle may be fully recoverable | VAT registered businesses may be able to reclaim all or part of the VAT element of the monthly rental | VAT registered businesses may be able to reclaim all or part of the VAT element of the monthly rental |
| Fees | Our standard fee for Ford Acquire plans may vary dependant on Marketing Promotions avilable at that time | NO | NO |
| Taxation (Customers Are Advised To Seek Personal Advice) | Writing down allowances may be available. Interest cost may also be offset | Rentals allowable against taxable profits | Rentals allowable against taxable profits |
| Line of Credit Available? | YES | NO | NO |
**Ford Acquire: your business will own the vehicle once all payments (including the final balloon where applicable and the Purchase fee) have been made.
Ford Contract Hire: Ford Lease is the legal owner of the vehicle. However, the customer is responsible for any service, maintenance and repair costs (unless covered by an optional maintenance agreement) plus any additional costs such as parking fines, traffic violations or accident damage.
Ford Finance Lease: Ford Lease is the legal owner of the vehicle and the customer is the registered keeper of the vehicle. The customer is responsible for any service, maintenance and repair costs, plus any additional costs such as parking fines, traffic violations or accident damage.
Business users only
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