Ford Options also gives you the flexibility to own the car at the end of the deal. All you need to do, provided that all payments have been made, is the payment of the optional payment that was deducted at the beginning of your agreement, plus the purchase fee. You will be contacted before the end of your Ford options agreement to make sure you have enough time to decide which option is right for you. Ford Acquire is a traditional rental product. At the end of your contract, you simply pay the purchase fee and the vehicle belongs to you. Our standard purchase fee is £10, but if your current contract is 0% APR, there is no purchase fee to pay at the end of your contract. Ford Options is our personal purchase plan that gives you the flexibility to renew your car more often. Ford Options is lower than that of a Ford Acquire agreement of the same length and acomptation. Choose from three options at the end of your deal We call it Ford OPTIONS, as we give you three great options at the end of your deal. The car belongs to you at the end of the contract, provided that all payments, plus purchase fees, have been made. Ford`s personal purchase plan, in which your monthly payment is lower than that of a Ford Acquire contract of the same duration and down payment. PCP offerings are one of the easiest and most flexible ways to sit behind the wheel of a shiny new car.
Affordable deposits and low monthly payments mean you can change your car more often. In the case of a Ford options agreement, a portion of the money due is an optional final payment (sometimes called a future guaranteed value). You have an annual mileage limit and can be paid for excess miles if you exceed them, but Ford Options gives you control. At the end of the operation, you can either pay the last payment and own the car, return the car, or exchange it for a new one and launch a new agreement on the PCP. If you return your vehicle to us at the end of your Ford Options agreement, we will appoint an inspector to assess the condition and mileage of your vehicle. As long as your vehicle complies with our wear and tear rules and does not exceed the agreed mileage (see below), you no longer have to pay anything. If your vehicle does not comply with our wear and tear rules and exceeds the agreed mileage, you are responsible for additional charges. The following table gives some examples of what we consider Fair Wear and Tear and Excess Wear and Tear.
However, you should read the wear and tear guide provided with your financing agreement to get specific details, including: at the end of your agreement, you have three options: it is important to understand that if you return your vehicle and exceed the agreed mileage, you are responsible for excess danger at the rate per km set in your financing contract. We don`t expect you to return your vehicle to us in immaculate showroom condition at the end of your Ford Options contract. We do, however, expect you to maintain your vehicle with proper care and adhere to our wear and tear rules.