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Ford to offer vehicle loans at dealerships

Starts retail financing for cars across 17 cities

Ford to offer vehicle loans at dealerships
BS Reporter New Delhi
Last Updated : Oct 28 2015 | 6:52 PM IST
In order to push sales, Ford India today launched retail financing for vehicles in dealerships across 17 cities.

In the first phase of its rollout, the facility has been made available cities like Delhi, Chandigarh, Dehradun, Ludhiana, Jhansi, Agra, Ahmedabad, Bangalore, Chennai and Hyderabad. More dealerships will be covered subsequently, said a company statement.

Ford Credit India also launched its first special financing program. Just in time for the festive season, qualified customers may finance a 2015 Ford EcoSport for an 8.99 percent annual percentage rate for contracts up to 60 months.

Ford Credit began financing new-vehicle inventory for dealers in India in March this year and added used-vehicle inventory financing a few months later.

 

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First Published: Oct 28 2015 | 6:26 PM IST

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