- Replace your Ford more often – giving you the best of safety, performance, design and economy every time you change your car
- Reduce your risk – your Guaranteed Minimum Future Value (GMFV) protects you against unexpected falls in used car prices
- Flexibility – at the end of the agreement you can Renew, Return or Retain your Ford (see below)
Ford Options
Ford Options gives you the opportunity to drive a new Ford more often. Since 1992, nearly 800,000 people have chosen Ford Options.
The benefits of Ford Options
Choose from three options at the end of your agreement
Option 1 – Renew your Ford
With Ford Options, you can enjoy all of the benefits of a new car, more often. If you would like to renew your Ford you can trade it in at your Ford Dealer or sell it privately once you have settled your account. Any excess value over the GMFV can be used as a deposit towards your new Ford.
Option 2 – Return your Ford
Your pre-agreed GMFV gives you protection against any unexpected fall in used car prices. If you would like to return your car, your Ford Dealer will complete a vehicle appraisal. As long as your car meets our fair wear and tear standards, is within the agreed mileage, and your account is up-to-date, there will be nothing further to pay. Additional charges will be made if you exceed the agreed mileage or if your car does not meet our fair wear and tear standards.
Option 3 – Retain your Ford
Ford Options also gives you the flexibility to own the car at the end of the agreement. All you need to do is arrange payment of the GMFV, which was deducted at the start of your agreement, plus the purchase fee.
We'll contact you before the end of your Ford Options agreement to make sure you have plenty of time to decide which option is right for you.
We'll contact you before the end of your Ford Options agreement to make sure you have plenty of time to decide which option is right for you.
Renewing your Ford before the end of your agreement
With Ford Options, you're in complete control, with the flexibility to renew your Ford at any time during your agreement. Find out more about our current promotions. Your Ford Dealer will assist you with the process, including settlement of your outstanding balance on your behalf. Please remember, however, that the responsibility of settling the financial balance remains yours.
Getting a finance quote for your Ford is easy
Get a personal instant finance quote for the model of your choice. Once you've created your personal finance quote you can also apply online for a decision within minutes.
Manage your account online
As a Ford Credit customer you can access account services online. For example, you can request a call-back from our Customer Service Centre, change your bank account or address, or obtain a settlement figure.
Manage your account online
Retail only. Finance subject to status. Guarantees may be required. Freepost Ford Credit.
Manage your account online
Retail only. Finance subject to status. Guarantees may be required. Freepost Ford Credit.
Get the answers to your most frequently asked questions about Ford Options
What is Ford Options and how does it work?
Ford Options is our personal contract purchase plan which is ideal for customers who wish to renew their car more often, whilst also providing them with the added security of knowing what the minimum future value of their vehicle will be at the end of their finance agreement.
Over what period can I take my Ford Options agreement?
Ford Options agreements can be taken out over 24, 30 or 36 month terms.
What options do I have at the end of my Ford Options agreement?
At the end of the plan your options are as follows:
- Choose a new car – Trade your car in or sell it privately, having settled your account, and use any excess monies towards a new car.
- Return the car – Provided the car is found to be in good condition and that the agreed mileage has not been exceeded, you may return your car at the end of your agreement through your Ford Dealer.
- Keep the car – Simply pay the Guaranteed Minimum Future Value (GMFV) and you own the car.
For a copy of the current charges for vehicle damage under our fair wear and tear standards please click here.
When is my Guaranteed Minimum Future Value (GMFV) due?
Your Guaranteed Minimum Future Value (GMFV) is due 30 days after your last regular instalment has been paid.
What happens if I have not made a decision and my GMFV has become due?
Please contact us on 08457 125490 immediately to discuss and advise us of your decision.
Why is there a mileage restriction?
The annual mileage is agreed depending on your individual requirements at the start of the finance agreement. It allows Ford Credit to allocate a Guaranteed Minimum Future Value to the vehicle, thereby calculating the monthly repayments.
I'd like to return my car at the end of my Ford Options agreement.
What do I need to do?
Simply return your vehicle to your Ford Dealer, who will carry out an appraisal on your vehicle. So long as the vehicle meets our 'fair wear and tear' standards, and you are within your agreed mileage, you will have nothing further to pay. Your Wear and Tear guide, provided at the start of your agreement, will give you further information regarding 'fair wear and tear' and the appraisal and return process.
For a copy of the current charges for vehicle damage under our fair wear and tear standards please click here.
Find out more about finance from Ford Credit