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Ford Options: How To Own A New Car Every 2-3 Years

Ford Options: How To Own A New Car Every 2-3 Years

Date: 2016-09-30
In an ideal world, we would all be able to have a brand new car every three to four years. Very few of us see this as a realistic prospect because most South Africans do not earn enough to save for the down payment in that short space of time. Ford South Africa have recently announced a very exciting product that is set to change the game and level the playing field so that more of us Saffas can find ourselves driving new Fords out of the showroom more often.

In keeping up with the changes and developments in consumerism Ford has introduced Ford Options, and it works similarly to the way your cell phone contract works; There is no deposit payment, and depending on the model you choose you are given a monthly tariff that will pay for the vehicle. This can be taken on a 24 or 36-month contract.

Once you have decided that it is time for an upgrade on your vehicle, you can renew, return or keep the vehicle. When renewing you can trade your car in at your Ford Dealer or sell it privately if you prefer. You are first required to settle your account, and then you may use any excess value over the Optional Final Payment as a deposit towards your brand new Ford. You can alternatively return your vehicle after the contract has reached it's term, if your vehicle meets Ford's 'fair wear and tear' standards and you are within your agreed mileage, and you will have nothing further to pay.

Now this is currently available to all models, so if you have a change in lifestyle you could prospectively be trading in your Fiesta for a Ranger. This option is limited to private individuals; it is not currently available for commercial use.

The concept of ownership is becoming out-dated in today's society. Today people, specifically us millennials, are infatuated with instant gratification. We neither have the time nor the means to save up and wait until we can afford to buy a car. We want it now, the easiest way to transport yourself from A to B since Uber.