Under its first special financing program, customers looking to buy a Ford EcosSport may avail 8.99 per cent rate of interest. This special scheme will only be applicable for the festive season.
Ford Credit India, Ford India’s financial services company, today announced the launch of retail financing in some of its dealerships across India. In its first phase, the retail financing has been made available in 17 cities across the country – Delhi, Chandigarh, Dehradun, Ludhiana, Jhansi, Agra, Moradabad, Ahmedabad, Mehsana, Jamnagar, Bangalore, Chennai, Cochin, Hyderabad, Gaya, Dhanbad and Durgapur. The company says that the retail financing option will be launched in other cities as well in the next phase.
“There are new financing channels for customers purchasing a Ford vehicle,” said Mark Constable, managing director of Ford Credit India. “Customers have the convenience of financing facilitated by the dealer, along with the expert service of a company that specializes in Ford financing and builds customer relationships. Our goal is to contribute to the great experience consumers have with Ford vehicles.”
Under its first special financing program, customers looking to buy a Ford EcosSport may avail 8.99 per cent rate of interest. This special scheme will only be applicable for the festive season. This special scheme will only be applicable for the festive season. For people not in the know, Ford India recently launched the updated EcoSport, with improved power and new features, at a starting price of Rs 6.79 lakh (ex-showroom, Delhi).
“Globally, Ford Credit has more than 55 years of experience. The addition of retail financing to the dealer financing successfully launched earlier this year enables us to take advantage of this experience to support Ford growth plans,” said Nigel Harris, president and managing director of Ford India. “The new offering for the 2015 EcoSport is just one example of the types of programs that Ford Credit will be able to offer our dealers and customers in the future.”
Ford Credit started financing new vehicle inventory for its dealers in India in March this year, followed by used-vehicle inventory financing some months later.