HOW CAN WE HELP?
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 and commercial vehicles |
YES | YES | YES | YES |
| Finance Term |
24-60 months | 25 to 61 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 rentals |
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 |
(**) The Ford Lease provider is Merrion Fleet Management 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. Merrion Fleet Management Limited is regulated by the Central Bank of Ireland. Merrion Fleet Management 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.
*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.
For business users only.
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