A car manufacturer like Ford has long accustomed us to rather aggressive offers: these continue throughout the range, thanks also to the current EcoBonus on hybrid cars, on a current model such as the “high” Fiesta, namely the Ford Fiesta Active 5 doors, with 125 HP EcoBoost 1.0 hybrid engine.
In fact, on this model the IdeaFord financing it is available in two types: with or without used to be scrapped.
In both cases there is no advance payment, while the discount obviously changes, and consequently the installment to be paid.
If you have acar to be scrapped registered for over 10 years, the state discount is 1,500 euros, which is added to the 4,300 euros of the Ford Partners; the price list therefore drops to € 16,150, with 36 monthly installments of € 255.39 (TAN 5.99%, APR 7.58%), plus € 4 of installment collection expense, and final installment of € 10,632 that can be refinanced.
Without used, the price list for the same car is € 16,900, because the state contribution is € 750, and that of the Ford Partners is € 4,900; the installments rise to € 278.98 (with the APR falling to 7.55%), while the final installment is maintained.
The mileage limit remains, with or without used, 45,000 km, with € 0.20 per km in case of redundancy. Curious is the fact that for access to the Ecobonus the obligatory deposit of 1 euro, which is then reimbursed by the Ford Partner.
Advantages
Both offers allow substantial discounts on the price list; in the example loans, the insurance “Guida Protetta” and the “4Life” Credit Guide.
The absence of advance payments is excellent, and by bringing the final installment to over 10,000 euros, the three-year installments remain relatively low.
Disadvantages
In addition to additional costs and charges, it should be emphasized that the offer is not for all Fiestas produced, but only for vehicles ready for delivery in stock before June 1, 2020: the offer is also a way to empty the yards.
The state contribution, as usual, is subject to exhaustion.
In summary
Model (example) | Ford Fiesta Active 5 porte 1.0 EcoBoost Hybrid 125 CV |
Promotion | IdeaFord with scrapping, with EcoBonus |
Deadline | 31 august 2020 |
Discounted price list | 16.150 euro |
Advance | Zero advance (1 euro refunded) |
Rate | 36 from 255.39 euros |
TAN | 5,99% |
TAEG | 7,58% |
Maxi rata finale (VFG) | 10.632 euro |
Promotion | IdeaFord without scrapping, with EcoBonus |
Deadline | 31 august 2020 |
Discounted price list | 16.900 euro |
Additional services | “Guida Protetta” Insurance, “4Life” Credit Insurance |
Advance | Zero advance (1 euro refunded) |
Rate | 36 from € 278.98 |
TAN | 5,99% |
TAEG | 7,55% |
Maxi rata finale (VFG) | 110.632 euro |
Mileage limit | 45,000, € 0.20 for each additional km |
Additional services | “Guida Protetta” Insurance, “4Life” Credit Insurance |
Limitations and conditions | With scrapping or without; only for cars already in stock before 1st June 2020 |
