Ford Credit begins retail financing; EcoSport at 8.99% p.a.

Ford Credit India has announced the launch of retail vehicle financing for consumers. This facility is available at certain dealerships across India. The step is expected to give customers the convenience of financing facilitated by the dealer along with the service of a company that specializes in Ford financing.

In the first phase of its rollout, the retail financing is available to customers in 17 cities - Delhi, Chandigarh, Dehradun, Ludhiana, Jhansi, Agra, Moradabad, Ahmedabad, Mehsana, Jamnagar, Bangalore, Chennai, Cochin, Hyderabad, Gaya, Dhanbad and Durgapur. More Ford dealerships will be included in the subsequent phases of launch.

Ford Credit India also launched its first special financing program. The company is financing the EcoSport at an interest rate of 8.99% per annum for contracts up to 60 months. Prices for the EcoSport start at Rs. 6,79,563 (ex-showroom Delhi).

Globally, Ford Credit has more than 55 years of experience. Ford Credit began financing new-vehicle inventory for dealers in India in March and added used-vehicle inventory financing a few months later.