Commercial Vehicle Finance

Ford Commercial Vehicle Finance and Contract Hire

We appreciate the importance of keeping your business moving and adapting to change. Whether you’re a start-up business, expanding your fleet, or considering  replacing one or more of your existing vehicles, we’ve got the right Ford vehicle, with the right finance product for the job. And if you're not sure which vehicle will suit your business' needs most, speak with Mike Stimpson, our Finance Lease and Contract Hire Consultant, using the contact details below. If you already know the ins and outs of our Finance Lease and Contract Hire options, but would like to see examples for each of our commercial vehicles, please click here.

Once you’ve set your heart on the vehicle that’s right for you and your business, you needn't go anywhere else for finance.

Simply call or e-mail Mike Stimpson:

Tel: 01202 712187

E-mail: mstimpson@fmg-uk.com

Our Finance Lease and Contract Hire finance plans give you control.

Business users only.

So, which Commercial Vehicle Finance plan is right for you?

If your business is VAT registered, you could benefit from tax allowable rentals. Depending on what is most convenient to you, there are then two main options – Ford Finance Lease and Ford Contract Hire. Finance Lease gives you the responsibility of disposing of the vehicle at the end of the term, which could allow you to take a profit on the resale. Contract Hire leaves no responsibility with you for the disposal of the vehicle. At the end of the term you simply hand the vehicle back. 

Ford Finance Lease

These are lease plans for commercial vehicle customers, where you sell the vehicle when you reach the end of the agreement. Any sales proceeds are returned to you. You pay an advance rental, followed by fixed monthly rentals. You can reduce your monthly rental cost by opting for Finance Lease with balloon. Click here to view some Ford Finance Lease offers we have on at the moment!

I’m interested. What do I need to do?

What happens at the end of my agreement?

If you are opting to sell the vehicle on behalf of Ford Lease then you can choose one of the following options:

  1. Sell the vehicle, on behalf of Ford Lease, to a third party.
  2. Agree, with us, on a part-exchange price and we can purchase the vehicle from Ford Lease.
  • Ford Lease will return 100% of the sales proceeds to you, less any fees that may be associated with the sale of the vehicle.

As an alternative, you can extend into a secondary period of the agreement, where you pay a nominal peppercorn rental of £100+VAT per year. If you have taken the Ford Finance Lease with balloon option, you are required to settle the balloon amount at the end of the primary term, with Ford Lease.

Ford Contract Hire

A great alternative to vehicle ownership for your business. Low capital outlay and tax allowable rentals.*

With Ford Contract Hire, you pay an advance rental followed by fixed monthly rentals. You then return the vehicle to Ford Lease at the end of the agreement. Click here to view some Ford Contract Hire offers we have on at the moment!

I’m interested. What do I need to do?

What does my agreement include?

  • Road fund licence for the duration of the agreement.
  • In the event of a breakdown attended by the AA, where the vehicle cannot be repaired, get a free replacement vehicle for up to 48 hours.
  • UK and European vehicle breakdown cover.
  • Maintenance and servicing packages (optional, at additional cost).

What happens at the end of my agreement?

No need to worry about part-exchange or disposal issues. At the end of the Contract Hire agreement, simply return the vehicle to us and collect the latest model on a new Ford Contract Hire agreement.*

Service, maintenance and repair for Ford Contract Hire

Ford Lease offers a maintenance plan, which can be included with your Ford Contract Hire agreement, for a fixed, affordable, monthly fee.*

What’s included?

  • Routine servicing
  • Maintenance and repairs
  • Tyre repair and like-for-like replacement (excludes upgrades and winter tyres)
  • Exhausts
  • Batteries
  • MOTs (where applicable)
Features & Benefits Ford Contract Hire Ford Finance Lease
Finance term 24-60 months 24-60 months
Typical advanced rental/deposit Minimum 1 year | Maximum 2 year Minimum 1 year | Maximum 2 year
Ballon options N Y
Flexible end of contract options Return vehicle & renew Sell vehicle & renew
Optional maintenance/service packages Available at additional cost  No
VAT on monthly payments 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
Road fund license  Included in the duration of the agreement Included for the first year
Fees None None
Taxation (customers are advised to seek personal advice) Tax allowable rentals Rentals allowable against taxable profit
Comprehensive AA cover for duration Y N

Terms and conditions apply. Further costs may apply subject to mileage and condition. Business users only. You should always seek independent professional advice in relation to taxation and VAT issues. Restrictions apply.