FORD Motor Credit Company is a wholly owned subsidiary of
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Ford, created to provide finance for the company's commercial vehicle and car buyers. It has branch offices around the country but as usual its services are available only via the Ford dealers, not direct to individuals, About half the Ford commercial vehicle dealers offer Ford Credit; the rest have agreements with other finance houses. The company says this share shows that its terms are competitive: "Dealers are free to make their own arrangements but we are the largest single finance company providing funds for Ford vehicles."
HP and leasing are offered; HP is more popular with the commercial buyers because of the 100 per cent capital allowance in the first year, said a Ford Credit spokesman. The company generally looks for a fair-sized HP deposit on the basis that it is wise for the buyer to match the size of the repayments to the earning potential of the vehicle.