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Used Ford Transit Connect on Finance

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Getting a Ford Transit Connect on finance

  1. Research the Vehicle:

    • The Ford Transit Connect is a popular compact panel van known for its versatility and reliability.
    • Become familiar with its variants and specifications, which can range from basic workhorse versions to high-spec models with additional features.
    • If considering a used model, note the year and any changes made in that model's refresh or redesign.
  2. Scouting for a Used Model:

    • To get the best deal on a used Ford Transit Connect on finance, look at Ford's approved-used network. These vehicles often come with a warranty and have been checked by the manufacturer.
    • Additionally, peruse online marketplaces, local dealerships, and commercial vehicle specialists for availability and pricing.
  3. Finance Options:

    • Personal Contract Purchase (PCP): Start with a deposit, followed by monthly instalments. At the end, you can either make a final balloon payment to own the vehicle, hand it back, or enter into a new finance deal.
    • Hire Purchase (HP): After paying an initial deposit, you'll repay the van's value in monthly instalments. After the last payment, the vehicle is yours.
    • Leasing: Rent the used Ford Transit Connect for a set period and then return it at the end. This is common for businesses that want to avoid depreciation costs.
    • Business Contract Hire (BCH): Similar to leasing but tailored for business use, with potential tax benefits.
  4. Obtain and Compare Quotes:

    • Get finance quotes from Ford dealerships and independent finance providers. Many institutions offer attractive rates for those looking to get a used Ford Transit Connect on finance.
    • Consider the APR (Annual Percentage Rate) as a comprehensive measure of the borrowing cost.
  5. Credit Score Implications:

    • Your finance terms and interest rates might be influenced by your credit score.
    • Check your credit rating with UK agencies like Experian, Equifax, or TransUnion.
    • Rectify any errors or discrepancies before applying for finance.
  6. Budgeting:

    • Set a monthly payment budget that matches your financial situation.
    • Typically, a more substantial deposit will result in reduced monthly payments.
  7. Understand the Agreement:

    • Be aware of potential mileage restrictions, especially if you're considering a PCP or leasing deal.
    • Understand penalties associated with terminating the contract early or exceeding any set mileage.
  8. Negotiate the Terms:

    • With your research in hand, try to negotiate both the vehicle's price and the finance terms. Even when considering a used Ford Transit Connect on finance, there's often room for some negotiation.
    • Focus not just on monthly payments but the total cost over the term of the agreement.
  9. Concluding the Deal:

    • Once satisfied with the terms, complete any necessary paperwork.
    • Thoroughly read and understand all terms before signing.
    • Always retain a copy of the agreement and related documents.
  10. Insurance:

  • Secure the necessary vehicle insurance before taking possession of the Transit Connect.
  • For commercial vehicles, ensure coverage aligns with its intended use, be it for personal or business purposes.
  1. End-of-Terms Decisions:
  • For PCP: You can pay the balloon payment, return the van, or enter a new finance agreement.
  • For HP: Once all payments are completed, the van becomes yours.
  • If leasing, prepare the van for return and ensure it meets the return conditions.
  1. Consider Additional Costs:
  • Budget for other expenses like road tax, maintenance, and potential wear-and-tear charges if the vehicle's condition exceeds set standards in a lease or PCP deal.

When considering finance for a commercial vehicle, it's crucial to ensure the terms align with both your current finances and future plans. If uncertain, it's always wise to seek advice from financial experts or professionals.

About the Ford Transit Connect

The Ford Transit Connect has firmly established its presence in the compact commercial van market. It's the go-to choice for many businesses and tradespeople in the UK, renowned for its durability, efficiency, and practicality. With its combination of car-like driving dynamics and van-like space, the Transit Connect offers the best of both worlds.

Features and Specifications:

  • Configurations Galore: The Transit Connect is available in multiple wheelbase configurations, catering to various business needs. Whether you require a short-wheelbase version for quick city deliveries or the long-wheelbase variant for added cargo, there's a Transit Connect that fits the bill.

  • Efficient Engines: The Transit Connect is powered by a range of efficient diesel engines. These powertrains offer a balanced mix of performance and economy, ensuring low running costs.

  • Cargo Space: Despite its compact dimensions, the Transit Connect boasts impressive cargo space. Its clever design ensures that even bulky items can be easily loaded and unloaded.

  • Advanced Tech: The van is not just about cargo. It's equipped with the latest Ford infotainment system, driver assistance technologies, and connectivity options, ensuring that drivers remain connected and safe.

Conclusion:

The Ford Transit Connect offers a compelling mix of versatility, efficiency, and modern features, making it a top choice for those seeking a compact yet capable commercial vehicle. The myriad of financing options ensures that businesses, both big and small, can find a plan that best suits their budget and operational requirements.

Buying Guide

Want to find out everything about all Transit Connect models, pros and cons, what to look out for and everything else you need to know? Check out our Ford Transit Connect buying guide here.

Ford Transit Connect Data by County

Ford Transit Connect data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All1,070£12,396559,5951,489
Aberdeen City12£17,744321,92410
Angus1-215,5002
Armagh1£14,495346,079-
Ballymena3£12,9731171,0004
Ballymoney1£6,2001094,160-
Barking & Dagenham - Greater London1£22,49014,05413
Bedfordshire14£5,85212103,08220
Berkshire43£12,878555,91286
Bristol38£11,973558,12948
Bromley - Greater London2£19,395214,7149
Buckinghamshire28£9,723881,52533
Caerphilly3£8,995568,0005
Cambridgeshire32£8,226784,77342
Cardiff6£11,466773,7578
Ceredigion17£10,711662,04619
Cheshire28£12,266563,29022
City of Edinburgh7£9,612566,2153
Cookstown1£15,495565,000-
Cornwall2£21,750214,5274
County Durham9£10,248686,45311
Craigavon1£22,450110,0002
Croydon - Greater London1£19,990118,4191
Cumbria5£20,29028,86810
Derbyshire21£10,316672,53052
Devon36£13,210548,76730
Dorset4£14,059538,7477
Down2£8,990682,6814
Dumfries and Galloway1£7,0001198,8931
Dundee City4£13,519336,5021
Dungannon3£11,327770,8332
East Ayrshire1£12,499362,1642
East Riding of Yorkshire2£13,995443,1705
East Sussex5£18,054227,7347
Essex86£13,603549,50098
Falkirk15£10,855662,9998
Fermanagh1£13,490445,8991
Fife11£17,886223,7618
Glasgow City5£13,355550,15415
Gloucestershire7£11,367594,2568
Greater Manchester60£13,162565,22490
Hampshire43£12,595556,37450
Harrow - Greater London3£7,323568,2789
Havering - Greater London8£12,679650,5255
Herefordshire1£7,995891,7604
Hertfordshire25£12,669655,04680
Highland1£11,998212,2765
Hillingdon - Greater London3£12,353657,5456
Hounslow - Greater London1£6,4958113,0003
Isle of Anglesey1£21,98015,9993
Isle of Wight2£8,3451732,0002
Kent20£12,404565,76728
Kingston upon Thames - Greater London1£11,995370,0007
Lancashire23£8,664779,13023
Leicestershire24£9,900675,93331
Lincolnshire12£12,674568,12829
Magherafelt1£6,49510156,0002
Merseyside13£11,496461,07923
Midlothian1£17,995215,5571
Moray1£18,995429,000-
Newport3£11,760467,8673
Newry and Mourne2£10,762879,289-
Norfolk17£11,448676,48031
North Ayrshire1£7,4956127,5001
North Lanarkshire2£8,895881,5008
North Yorkshire7£10,947578,2567
Northamptonshire10£13,816546,0959
Nottinghamshire32£14,156448,08842
Omagh2£12,473451,6512
Oxfordshire9£14,483545,03113
Perth and Kinross5£12,875542,9807
Rhondda Cynon Taf2£6,4957115,6662
Scottish Borders4£19,470323,0663
Shropshire8£13,120547,2819
Somerset9£13,642669,19413
South Yorkshire27£12,456555,84934
Staffordshire27£12,693548,30033
Suffolk16£12,697555,40914
Surrey46£11,456660,21455
Swansea3£14,483534,086-
Tyne and Wear18£13,632556,53225
Warwickshire3£11,663686,5072
West Dunbartonshire3£11,995667,2912
West Lothian1£4,99513115,0002
West Midlands22£12,000666,70738
West Sussex18£12,720553,19318
West Yorkshire36£13,498552,32371
Wiltshire31£10,768676,68134
Worcestershire2£6,995791,6639
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