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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
All1,111£12,356560,9101,623
Aberdeen City9£17,384326,50810
Angus1-215,5002
Antrim1£13,949629,000-
Armagh1£14,495346,079-
Ballymena3£13,482758,5284
Ballymoney1£6,2001094,160-
Bedfordshire9£6,49811101,23925
Berkshire42£12,829557,04689
Blaenau Gwent1£16,990427,2744
Bristol36£12,668454,89848
Bromley - Greater London2£19,395214,71411
Buckinghamshire24£10,156876,10736
Caerphilly3£8,995568,0007
Cambridgeshire36£8,662783,28641
Cardiff8£10,291687,8729
Ceredigion18£10,449667,32121
Cheshire29£12,327563,89820
City of Edinburgh7£9,327665,1986
City of London - Greater London8£8,999775,13229
Conwy1£23,000319,768-
Cookstown1£15,495565,000-
Cornwall2£21,750214,5276
County Durham9£10,470686,45313
Craigavon2£23,85018,3381
Croydon - Greater London1£19,990118,4192
Cumbria5£19,792210,66812
Denbighshire1£6,295971,068-
Derbyshire19£10,836663,07454
Derry1£7,250783,0006
Devon40£13,537548,77533
Dorset5£13,647443,6747
Down3£8,162786,4543
Dumfries and Galloway1£7,0001198,8932
Dundee City4£13,519336,5021
Dungannon2£6,9931091,0003
East Ayrshire1£12,499362,1642
East Riding of Yorkshire2£13,995443,1706
East Sussex4£19,468222,7458
Essex91£13,262550,01698
Falkirk14£10,916663,2139
Fermanagh1£13,490445,8991
Fife10£17,045225,3689
Glasgow City9£13,174441,42615
Gloucestershire7£10,817696,6448
Greater Manchester61£13,603561,80491
Hampshire42£12,502657,47452
Havering - Greater London10£11,893661,8908
Herefordshire1£7,995891,7605
Hertfordshire30£13,455546,70679
Highland3£9,664447,1456
Hillingdon - Greater London2£9,885663,1812
Hounslow - Greater London1£6,4958113,0003
Isle of Anglesey1£21,98015,9993
Isle of Wight1£12,695-32,0002
Kent22£12,746662,53127
Kingston upon Thames - Greater London1£11,995370,0007
Lancashire21£9,036776,80624
Leicestershire25£10,632571,78834
Lincolnshire12£10,853679,37327
Magherafelt1£6,49510156,0002
Merseyside18£10,830565,00026
Merthyr Tydfil1£7,499892,000-
Midlothian1£17,995215,5571
Monmouthshire4£9,323775,4213
Moray1£18,995429,000-
Neath Port Talbot1£19,995858,000-
Newport11£16,063346,30511
Newry and Mourne1£5,45010120,000-
Norfolk17£11,380676,24433
North Lanarkshire4£8,1449100,2454
North Yorkshire8£10,953579,17110
Northamptonshire10£13,855543,85412
Nottinghamshire37£13,728449,60446
Omagh2£12,473451,6513
Oxfordshire7£15,264337,53313
Pembrokeshire2£8,145576,8592
Perth and Kinross5£13,055550,3147
Rhondda Cynon Taf2£6,4957115,6662
Scottish Borders4£19,470323,0663
Shropshire6£14,495446,18111
Somerset6£15,407662,08114
South Ayrshire1£7,7956127,5004
South Yorkshire25£12,333556,18436
Staffordshire29£12,455554,38241
Suffolk16£11,806562,36920
Surrey49£12,802551,50463
Swansea3£14,483534,0861
Tyne and Wear21£14,110552,20530
Warwickshire3£11,830686,5072
West Dunbartonshire2£9,995573,4372
West Lothian1£4,99513115,000-
West Midlands22£12,440664,42442
West Sussex18£12,798553,19318
West Yorkshire33£13,919552,31278
Wiltshire29£10,667678,55540
Worcestershire2£13,495566,50012
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