I was wondering if anyone else has used this? - FORD OPTIONS - car arriving end of November (hopefully sooner)
I was considering for 4 months all of my "options" and in the end decided too go with it.
I have put down £3,650 deposit - 24 month term @ £244 per month and a GMFV of £7500.
My thoughts are, we love the car and in two years we buy it outright - or finance the remaining£7.5k over another two years or thereabouts.
We trade it in and get another b max/ford/bigger car. The issue is, I really need to cover the £3,650 as in effect if it doesn't, that is money lost. So I am hoping that the b max will be worth at least £11,150 (GMFV + deposit)- personally I think it will be, even if sold privately, looking at others on the market now - I cannot believe it will be worth less in two years time.
Will Ford offer me more than the GMFV - I would hope so, I am not in a position to hand the car back and walk away with nothing - a car of some description will be needed, I am assuming they will offer me more than the GMFV, as they will want me to take another agreement like the current one, so I can continue paying them for the rest of my days. The dealer said they purposely lower this value so that when it comes to the time the value will be higher, meaning I have capital to use as a deposit against the new car - or was he just telling me what I wanted to hear.
I have read on other forums where it is almost unheard of for the dealer to offer above the GMFV.
Anyone had similar thoughts or problems with the options scheme, not getting the GMFV due to excess wear/millage etc