Ford Ka Studio 1.2 Finance
The Ford Ka Studio 1.2 is better value than a half-price salmon sandwich. Why? Because this entry-level city car is available via a low cost personal contract purchase plan. Terms – that like a sandwich leave a nice taste in the mouth - include the £2,312.73 deposit which is followed by the first monthly payment of £99. This includes the £10 finance facility fee and precedes twenty-three instalments of £89. At the end of the term the motorist can make the £4,073 final payment to own the vehicle outright. This totals £8,541.73 including the £10 purchase fee and £486.73 interest (4.9% APR representative). Alternatively, it can be returned with nothing else to pay subject to mileage and condition. Mileage excess, therefore, is charged at 7.2 pence per-mile and damage according to severity. The latter encourages the motorist to treat the vehicle properly irrespective of whether he/she plans to keep it beyond the contract. Option three is to part exchange via a new personal contract purchase plan. Pleasingly, if the Ka is worth more than its final payment – perhaps because it has low mileage or a boot full of sandwiches - the difference contributes towards the new vehicle's deposit. How tasty.