Finance Lease & Finance Lease with Balloon | Furrows

FORD FINANCE LEASE

A lease plan for Commercial Vehicle customers, where you sell the vehicle at the end of the agreement and any sales proceeds are returned to you 

Fixed rental leasing where you dispose of the vehicle at the end of the agreement and receive any sale proceeds

Plan features: 

  • Minimal capital outlay - typically three monthly rentals 
  • Fixed rentals to assist cash-flow and bugdetng
  • Tax and VAT advantages may be available 
  • Additional line of credit for your business
  • Reduce your monthly rentals by choosing the Ford Finance Lease with balloon option
  • No excess mileage or wear and tear costs 
  • Includes Ford Fleet Accident Management which reduces the time that vehicles are off the road 

How Ford Finance Lease works:

  1. Select the Ford Commercial Vehicle you want
  2. Choose the hire period that's right for you and your business (between 24 and 60 months)
  3. Furrows Transit Centre will calculate your advance rental an fixed monthly rental
  4. At the end of the agreement you are responsible for selling the vehicle on behalf of Ford Lease by choosing one of the following options: a. Sell the vehicle on behalf of Ford Lease to a third party or b. Agree a part exchange price with Furrows Transit Centre and we will purchase your vehicle from Ford Lease.
  5. Alternatively, you may extend the agreement into a secondary period by paying a nominal peppercorn rental of £100+VAT per year
  6. If you have taken Ford Finance Lease with a balloon option, you must settle the balloon amount with Ford Lease at the end of the primary term
  7. Ford Lease will return 100% of sale proceeds to you, less any fees associated with the vehicle sale

Ford Lease is provided by ALD Automotive Limited trading as Ford Lease, Oakwood Park, Lodge Causeway, Fishponds, Bristol, BS16 3JA. ALD Automotive is registered in England NO. 987418. For the purposes of the Data Protection Act 1998 the data controllers in relation to any information you supply are Ford Motor Company Limited, FCE Bank plc, and ALD Automotive. Finance subject to status. Guarantees and Indemnities may be required. ALD Automotive is authorised and regulated by the Financial Conduct Authority.

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.