Jump to content
Do Not Sell My Personal Information


* Fiesta Ford Options Query?


BHeart
 Share

Recommended Posts

I'm hoping to place an order for a new Fiesta over the next couple of days and, to take advantage of the £750 deposit contribution, I'm going to use the Ford Finance Options Cash Plan.

I plan to pay the car off within a couple of months or so but, how soon can I do this without losing the deposit contribution?

Sent from my iPhone using Ford OC

Link to comment
Share on other sites


Hi

Thanks for your replys.

The Options Cash Plan is similar to a PCP purchase and still has a GMFV figure but has no monthly payments.

I will be paying around two thirds of the total car price including the £750 contribution, as a deposit and only the GMFV figure to pay at the end, or earlier.

As stated, there are no monthly payments and the interest is calculated on the GMFV figure and, charge for credit is divided into the period of the loan is over so, if you pay off the GMFV figure after two months, you only pay two months interest plus a reduced final payment.

Sent from my iPhone using Ford OC

Link to comment
Share on other sites

You will be able to pay it off anytime after it starts but if you do so in the first 14 days make sure you they understand you are repaying the debt not cancelling the contract within the cooling off period, otherwise they will reclaim the £750 finance contribution.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share




×
×
  • Create New...

Forums


News


Membership