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Our most popular finance plan for cars is now available as we introduce Ford Options across our Commercial Vehicle range.
Ford Options is a type of hire purchase (sometimes called a Personal Contract Purchase) and is available at Ringways Motor Group to private individuals and business customers*.
Choosing the right vehicle finance is as important as choosing the right vehicle for the job. Our experienced Guest Exeperience Hosts can help you do both.
How Ford Options works
• Your deposit and Optional Final Payment are deducted from the price of the vehicle. The Optional Final Payment is the anticipated future value of your vehicle assuming its mileage and condition is as agreed when you signed your agreement.
• The balance plus interest and fees is then split into equal monthly payments.
• The Optional Final Payment is due at the end of the agreement.
• Ford Options then offers you flexibility with three choices at the end of the agreement:
RENEW: Choose another commercial vehicle
Your chance to drive another new Ford Commercial Vehicle. Trade in your ‘old’ vehicle with us or sell privately if you prefer. Once you have settled your account any money left can be used as a deposit.
RETURN: Hand the commercial vehicle back
Providing the vehicle is in good condition, all monthly payments have been made and you haven’t exceeded the agreed mileage you will have nothing to pay.
RETAIN: Keep the commercial vehicle
Keep the vehicle. You’ll just need to pay the Optional Final Payment plus the Purchase Fee and it’s yours to keep.
Finance subject to status. Guarantees may be required. Freepost Ford Credit.
Further charges may be made subject to mileage and condition if the vehicle is returned at the end of the agreement. Ringways Garages (Leeds) Ltd is a credit broker and not a lender for this promotion. We can introduce you to a limited number of carefully selected finance providers and may receive a commission from them for the introduction. Some businesses may be excluded. Please contact us for more details.