Ford Ka Studio 1.2 Finance Terms
The Ford Ka Studio 1.2 is better value for money than half-price fish and chips. And - much like the popular meal - this entry-level city car leaves a nice taste in the mouth. Why? Because it is available via its manufacturer's low cost personal contract purchase plan. Terms include the £2,201.91 deposit which is followed by a first monthly payment of £89 which includes the £10 finance facility fee. This precedes twenty-three instalments of £79. At the end of the term there are three easy to follow options. One, pay the £4,370 final payment to own the Ka Studio 1.2 outright. This totals £8,487.91 including the £10 purchase fee and £502.91 interest (4.9% representative APR). Option two is to return it. There should be nothing else to pay assuming it is in fair condition and has not exceeded the 9,000 mile annual allowance. Damage/excessive wear is charged according to severity and mileage excess at 7.2 pence per-mile. Option three is to part exchange it via a new personal contract purchase plan. If the Ford Ka Studio 1.2 is worth more than the optional final payment – perhaps because it has low mileage or a boot full of fish and chips – the difference contributes toward the replacement vehicle's deposit.