Ford commences vehicle financing services in India

Ford Credit India has started operations in the country to finance both the retail customers as well as dealer inventory. Special financing schemes with 8.99 per cent per annum interest rate for contracts up to 60 months will be offered to the customers.

Ford Credit started financing new-vehicle inventory for dealers in March and is now expanding its operations for the buyers. In the first phase, the finance services will be offered through Ford dealerships in 17 cities – Delhi, Chandigarh, Dehradun, Ludhiana, Jhansi, Agra, Moradabad, Ahmedabad, Mehsana, Jamnagar, Bangalore, Chennai, Cochin, Hyderabad, Gaya, Dhanbad and Durgapur.

Commenting on the new venture, Mark Constable, managing director Ford Credit India said, “There are new financing channels for customers purchasing a Ford vehicle. 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.”