Ford Hire Purchase Calculator
Calculate your Ford Hire Purchase monthly payments for Focus, Fiesta, Kuga, Mustang. Get instant quotes with our free Ford HP finance calculator.
Used by 5000+ users
Free to use • No registration required • Instant results
Ford Hire Purchase Calculator
Your Ford Hire Purchase Results
Amount to be financed
£21,250.00
Monthly payment
£507.87
Term
48 months
Total Amount Paid
£28,127.87
Total interest
£3,127.87
You own the car after
48 months
About Ford Hire Purchase
Ford Hire Purchase is a straightforward way to finance your Ford.You pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the car.
Ford Financial Services offers competitive HP rates, typically ranging from 4.9% to 9.9% APR. Unlike PCP, there's no final balloon payment - you make equal monthly payments throughout the term.
Ford HP is ideal if you want to own your Ford outright and prefer predictable monthly payments. You can also settle the agreement early to save on interest charges.
Ford Hire Purchase FAQs
What is Ford Hire Purchase?
Ford Hire Purchase (HP) is a straightforward financing option where you pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the Ford.
How does Ford HP differ from PCP?
Unlike Ford PCP, Hire Purchase has no final balloon payment. You make equal monthly payments throughout the term and automatically own the car at the end. HP typically has higher monthly payments but lower total cost.
What Ford models are available on HP?
All Ford models are available on Hire Purchase including the Focus, Fiesta, Kuga, Mustang. Ford also offers HP on their vehicles with competitive rates and flexible terms.
What is the typical APR for Ford HP?
Ford HP APR rates typically range from 4.9% to 9.9% depending on the model and your credit profile. Ford often offers promotional rates on selected models, sometimes as low as 0% APR.
How much deposit do I need for Ford HP?
Ford HP typically requires a minimum deposit of 10-20% of the car's value. For a £25,000 Ford, you'd typically need a £3,750-£5,000 deposit. You can put down more to reduce monthly payments.
Can I get Ford HP with bad credit?
Ford Financial Services offers HP to customers with various credit profiles. Those with excellent credit will get the best rates, but Ford will work with you to find suitable terms based on your circumstances.
Can I pay off Ford HP early?
Yes, you can settle your Ford HP agreement early. You'll receive a settlement figure that includes any outstanding balance minus interest charges. Early settlement can save you money on interest.
What happens if I miss Ford HP payments?
Missing Ford HP payments can result in late fees and may affect your credit rating. Ford Financial Services will contact you to discuss payment options. In severe cases, they may repossess the vehicle.
Related Ford Tools
Ford MOT Check
Check your MOT status, see its expiry date, days remaining and previous failure
Ford Road Tax Check
Check your road tax status, expiry date and remaining days
Ford ULEZ Check
Check your ULEZ compliance status and daily charges
Ford PCP Calculator
Calculate your PCP finance payments and balloon payment