Ford Pro Finance

Ford Contract Hire* is an alternative to vehicle ownership. Low capital outlay and tax allowable rentals*.  Take a look at the video below to see how Ford Contract Hire works. 

HOW IT WORKS

You pay an advance rental, followed by fixed monthly rentals and return the vehicle to Ford Lease at the end of your agreement.

Your fixed monthly rental will depend on the following:

• Agreement length – choose from 24 to 60 month terms.
• Annual mileage
• The advance rental amount
• The Ford commercial vehicle you want to drive

WHAT DOES MY AGREEMENT INCLUDE?

• Road fund licence for the duration of the agreement

FEATURES & BENEFITS

• If you don't want to own your commercial vehicle, Ford Contract Hire could be the option for you
• VAT registered businesses may be able to reclaim all or part of the VAT element of the monthly rental
• Your rentals may be tax allowable

AT THE END

There are no part exchange or disposal issues. At the end of the agreement, you simply return the vehicle to us. Your dealer can discuss your new car needs and provide you with a new finance quote.  If you are interested then you take out a new Ford Contract Hire agreement and collect the latest model***.

Business users only. You will not own the vehicle at the end of the agreement.

*** Further costs may apply subject to mileage and condition. Restrictions apply.

Ford Lease is provided by ALD Automotive Ltd, trading as Ford Lease, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. ALD Automotive Ltd is registered in England no. 987418. Finance subject to status. Guarantees and indemnities may be required. ALD Automotive Ltd and FCE Bank plc are authorised and regulated by the Financial Conduct Authority. 

NEXT STEPS

• We will be able to provide you with an instant quotation showing your advance rental (typically three monthly rentals) and your monthly rental

For additional peace-of-mind, choose the optional service, maintenance and repair package. Your fixed monthly rental will include the following**:

• Routine servicing
• Maintenance and repairs
• Tyre repair and replacement (Upgrades and winter tyres excluded)
• Exhausts 
• Batteries
• MOTs (where applicable)

^{** Subject to Fair Wear and Tear.}

A lease plan where you sell the commercial vehicle at the end of the agreement and any sales proceeds are returned to you. Take a look at the video below to see how Ford Finance Lease works.  

HOW IT WORKS

You pay an advance rental followed by fixed monthly rentals. You may further reduce your rentals by choosing the Ford Finance Lease with balloon option.

Your fixed monthly rental will depend on the following:

• Agreement length – choose from 24 to 60 month terms
• The amount of the advance rental
• The Ford vehicle you want to drive
• If you have chosen Finance Lease with Balloon option your monthly rental will be lower.

AT THE END

At the end of the agreement, you are responsible for selling the commercial vehicle on behalf of Ford Lease by choosing one of the following options:

• Sell the vehicle on behalf of Ford Lease to a third party
• Agree a part exchange price with your Ford Dealer and the Dealer purchases the vehicle from Ford Lease.
• Ford Lease will return 100% of the sale proceeds to you less any fees associated with the vehicle sale.

You may extend your agreement by paying a nominal peppercorn rental of £100+VAT per year.

If you have taken the balloon option, you must settle the balloon amount with Ford Lease at the end of the primary term.

Ford Lease is provided by ALD Automotive Ltd, trading as Ford Lease, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. ALD Automotive Ltd is registered in England no. 987418. Finance subject to status. Guarantees and indemnities may be required. ALD Automotive Ltd and FCE Bank plc are authorised and regulated by the Financial Conduct Authority.

We hope this guide has helped to answer some of your questions about financing your business vehicle, but if you need any more guidance our expert team will be more than happy to help. Contact us or visit us in-store at Day's Transit Centre in Swansea.