Ford Credit India has announced the launch of retail financing in key dealerships for consumers looking to bring a Ford vehicle home this festive season. It has also launched its first special financing program, through which qualified customers may finance a 2015 Ford EcoSport for an 8.99 percent annual percentage rate for contracts up to 60 months. Just so you know, the American automajor launched the new EcoSport at Rs. 6.79 Lakhs (Ex-Showroom, Delhi) on October 7, 2015 in India.
“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.” In the first phase of its rollout, the retail financing is available to customers in 17 cities across India: Delhi, Chandigarh, Dehradun, Ludhiana, Jhansi, Agra, Moradabad, Ahmedabad, Mehsana, Jamnagar, Bangalore, Chennai, Cochin, Hyderabad, Gaya, Dhanbad and Durgapur. More Ford dealerships will follow in the subsequent phases of launch.
“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 began financing new-vehicle inventory for dealers in India in March and added used-vehicle inventory financing a few months later. More than 200,000 EcoSport compact sport-utility vehicles have been delivered locally and overseas since the vehicle was introduced in 2013 in India.