HOW TO FINANCE YOUR FORD COMMERCIAL VEHICLE

Ford Credit have a range of financing solutions for commercial vehicles.

For more information, explore our plans below…

FORD CONTRACT HIRE

An alternative to vehicle ownership, Ford Contract Hire involves a low capital outlay with fixed monthly rentals and no vehicle disposal worries at the end of the agreement.

VEHICLE ELIGIBILITY

New and Used Cars across the Ford range. Age limits apply.

HOW IT WORKS

You typically pay three monthly rentals in advance, followed by fixed monthly rentals and return the vehicle to your Ford Dealer at the end of the agreement

FEATURES & BENEFITS

  • Minimal capital outlay – typically three monthly rentals
  • Fixed monthly rentals to assist cash flow and budgeting
  • Rentals are tax allowable Tooltip
  • Additional line of credit for your business
  • No part exchange or disposal issues – the vehicle is returned at the end of the agreement

Your fixed monthly rental will depend on the following:

  • Agreement length – choose from 12-24 months
  • Annual mileage
  • The advance rental amount
  • The Ford vehicle you want to drive

WILL FORD CONTRACT HIRE WORK FOR ME AND MY BUSINESS?

  • 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

I'M INTERESTED. WHAT ARE MY NEXT STEPS?

Contact your Ford Dealer who will be able to provide you with an instant quotation showing your advance rentals (typically three monthly rentals) and your fixed monthly rental.

AT THE END

At the end of the agreement, you simply return the vehicle Tooltip to your Ford Dealer, take out a new Ford Contract Hire agreement and collect the latest model. You will not own the vehicle at the end of the agreement.

For more information, and for help choosing a commercial vehicle, visit your local Dealer now.

DEALER LOCATOR

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FORD BUSINESS HIRE PURCHASE

Ford Business Hire Purchase is a product for business car and commercial vehicle customers interested in ownership.

 

Request a Contact

 

VEHICLE ELIGIBILITY

New and Used Vehicles across the Ford range. Age limits apply.

HOW IT WORKS

Transit Custom

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.

FEATURES & BENEFITS

  • Fixed monthly payments to suit your business needs
  • A choice of repayment periods and deposit levels
  • At the end of the agreement, assuming all payments (including the Purchase Fee) have been made, your business owns the vehicle

Your fixed monthly payment will depend on the following:

  • Agreement length – choose from 24 to 61 months
  • The amount of the deposit you wish to pay
  • The Ford vehicle you want to drive

WILL FORD BUSINESS HIRE PURCHASE WORK FOR ME AND MY BUSINESS?

  • As owners of the vehicle, your business retains any profit from the sale of the vehicle
  • For business and taxation purposes, vehicles acquired under a Hire Purchase arrangement are treated as fixed assets of your company with the amount being treated as a liability.
  • The interest costs may also be written off over the term of the agreement. The VAT amount on the vehicle can be claimed back from Revenue in one upfront payment at the beginning of the agreement (subject to vehicle qualification for VAT rebate).

I'M INTERESTED. WHAT ARE MY NEXT STEPS?

  1. Your Ford Dealer will be able to provide you with an instant quotation showing your monthly payments
  2. Once you are happy with your quote, your Ford Dealer will submit your application to Ford Credit
  3. When the finance documentation is complete, you can drive away in your new Ford Commercial Vehicle

AT THE END

Your business owns the vehicle at the end of the agreement assuming all payments plus the purchase fee have been made.

For more information, and for help choosing a commercial vehicle, visit your local Dealer now.

DEALER LOCATOR

Find a Dealer

FORD FINANCE LEASE

Ford Finance Lease is a fixed rental lease. You dispose of the vehicle at the end of the agreement through an asset disposal process.

VEHICLE ELIGIBILITY

New or used Commercial Vehicles for Business users only.

HOW IT WORKS

You pay regular monthly rentals.  At the end of the lease period  you can either extend the lease or buy the asset outright (through Leased Assets Disposal Company)

FEATURES & BENEFITS

  • Minimal capital outlay – typically three monthly rentals
  • Fixed rentals to assist cash-flow and budgeting
  • Lease rentals are liable for VAT, however the VAT element of the rental, in some circumstances, may be reclaimed by those customers who are fully VAT registered (applies to commercial vehicles and specifically excludes cars).
  • Additional line of credit for your business
  • No excess mileage or wear and tear costs

Your fixed monthly rental will depend on the following:

  • Agreement length – choose from 25 to 61 month terms
  • The amount of the advance rental
  • The Ford vehicle you want to drive.

I'M INTERESTED. WHAT ARE MY NEXT STEPS?

Contact your Ford Dealer who will be able to provide you with an instant quotation showing your advance rentals (typically three monthly rentals) and your fixed monthly rental.

AT THE END

At the end of the agreement, agree a part exchange price with your Ford Dealer and the Dealer purchases the vehicle from your company.

For more information, and for help choosing a commercial vehicle, visit your local Dealer now.

DEALER LOCATOR

Find a Dealer

FORD FINANCE LEASE

Ford Lease is an alternative to vehicle ownership with an optional Service and Maintenance plan for additional peace of mind.

 

Request a Quote

 

Ford Options animation
Ford Ranger

HOW IT WORKS

You typically pay 3 rentals in advance, followed by fixed monthly rentals.

Your fixed monthly rental will depend on:

  • Agreement term – choose from 24-60 months.
  • Annual mileage
  • The Ford vehicle you select

WHAT DOES MY AGREEMENT INCLUDE?

If, for additional peace of mind, you select the optional Service and Maintenance plan, your fixed monthly rental also includes:

Annual road tax for the duration of the agreement

  • Service and maintenance in line with manufacturer’s guidelines
  • Free replacement vehicle for up to 48 hours in the event of a breakdown attended by the AA if the vehicle cannot be repaired
  • Roadside Assistance
  • Tyre replacement**
  • Exhausts**
  • Batteries**
  • NCT and CVRT

** Subject to Fair Wear and Tear

WILL FORD LEASE WORK FOR ME AND MY BUSINESS?

  • If reliability and support backup is key to your business.
  • If your business priority is usage rather than ownership.
  • VAT registered businesses may be able to reclaim all or part of the VAT element of the monthly rental

I'M INTERESTED. WHAT DO I NEED TO DO?

  • Your Ford Dealer will be able to provide you with an instant quotation showing your advance rental (typically three monthly rentals) and your monthly rental
  • Your Ford dealer can also tailor your quote to provide a Service and Maintenance package at a fixed monthly price for additional peace of mind.

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 Lease 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.

 

 

Take a look at the comparison table for all our Commercial Vehicle financing plans for a quick reference guide of the different features of each plan. Your dealer can help you choose which financing plan might suit your business best.

FINANCE PLANS FOR COMMERCIAL VEHICLES

Use the comparison below to help you decide which type of financing is right for you.

 

PLAN FEATURES
FORD LEASE **
FORD CONTRACT HIRE *
FORD BUSINESS HIRE PURCHASE *
FORD FINANCE LEASE *
Available from your Ford Dealer Yes
 Yes
 Yes Yes
Option to own the vehicle
 No No Yes No
Vehicle age
 New vehicles New and used vehicles (age limits apply) New and used vehicles (age limits apply) New and used vehicles (age limits apply)
Available on cars & commercial vehicles
 Yes Yes Yes Yes
Finance term
 24-60 months 12-24 months 24 to 61 months 24-61 months
Typical advance rental/deposit Typically 3 monthly rentals in advance Minimum one month's rental
Typically 3 month's rental		 20% of the On the Road Price (VAT normally paid up front for Commercial Vehicles) Minimum one month's rental
Typically 3 month's rental
Fixed monthly payments
 Yes
 Yes Yes Yes
Flexible End of Contract Options Renew/Return
 Renew/Return Renew/Return Renew/Extend
VAT on monthly rentals 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 No VAT on payments but VAT on vehicle may be fully recoverable upfront VAT registered businesses may be able to reclaim all or part of the VAT element of the monthly rental
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OTHER FINANCE PLANS

We also offer personal car finance for your new or approved-used Ford, as well as complete funding and management solutions for large fleets.

FINANCE FOR ME

Found your ideal new or approved-used Ford? We have a range of personal car finance plans tailored for Ford owners. So, you can find and finance your car all in one place.

 

Personal Car Finance

Three people sitting around a table and laughing
Ford Commercial Vehicles

FINANCE FOR MY FLEET

Looking for fleet funding? Ford Fleet Management is our one-stop-shop for bespoke fleet management and funding solutions.

 

Ford Fleet Management

  • IMPORTANT INFORMATION

    (*) The credit provider is Bank of Ireland trading as Ford Credit. The FORD and FORD CREDIT trademarks are owned by Ford Motor Company and its affiliates are used under license.

    Lending criteria and terms and conditions apply. Applicants must be aged 18 or over.

    The information is for illustrative purposes only and does not constitute an offer.

     

    (**) The Ford Lease provider is Drivlia Lease Ireland Limited trading as Ford Lease, 15/16 Holly Avenue, Stillorgan Industrial Park, County Dublin A94 XA72.  Ford Lease is a contract hire and fleet management product. Drivlia Lease Ireland Limited is regulated by the Central Bank of Ireland. Drivlia Lease Ireland Limited also trading as Drivalia is registered in Ireland No. 317799.

    Ford Lease is a Registered Trademark of Ford Motor Company and used under license by Drivalia in relation to this product.

    Lending Criteria and terms and conditions apply. Warning: You may have to pay charges if you pay off a consumer-hire agreement early.

    Warning: If you do not meet the repayments on your consumer-hire agreement your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a Buy Now Pay Later agreement in the future. The information is for illustrative purposes only and does not constitute an offer.

    The availability of tax and VAT benefits may vary subject to the facts and circumstances of individual cases and tax law is subject to change over time. Customers are therefore advised to seek professional advice with regard to taxation.

     

    Warning