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Ford Acquire is our original hire purchase plan for customer interested in commercial vehicle ownership. There is an option to add a balloon to reduce your monthly payments versus Ford Acquire.
Deposit: – This is deducted from the price of the vehicle.
Monthly Payments – These are calculated by deducting the deposit from the vehicle price. Any interest and fees are added to the balance and then split into equal monthly payments.
Final balloon – If you have chosen to add a balloon then this is your final payment and is based on the mileage band and contract term you chose at the start of the agreement.
At the end of the agreement, assuming all payments including the Purchase Fee have been made, the commercial vehicle belongs to your business. If you have chosen Ford Acquire with balloon then this becomes your final payment.
|Plan Features||Ford Acquire|
|Available From Your Ford Dealer||YES|
|Finance Term||24 to 60 months (maximum term 48 months for Ford Acquire with balloon option)|
|Typical Advance Rental/
|Zero deposit available (VAT normally paid up front)|
|No Responsibility For Vehicle Disposal||NO|
|Flexible End Of Contract Options||Renew/Retain|
|Optional Maintenance/Service Package||Ask your Ford Dealer|
|Road Fund License||Included for the first year|
|VAT On Monthly Payments||No VAT on payments but VAT on vehicle may be fully recoverable|
|Fees||Our standard fee for Ford Acquire plans may vary dependant on Marketing Promotions avilable at that time|