Ford Options - Lyons of Limerick & Lyons of Nenagh
Choose from three options at the end of your agreement
Option 1 – Renew your Ford
With Ford Options, you can enjoy all of the benefits of a new car, more often. If you would like to renew your Ford you can trade it in at your Ford Dealer or sell it privately once you have settled your agrement with Ford Credit. Any excess value over the GMFV can be used as a deposit towards your new Ford.
Option 2 – Return your Ford
Your pre-agreed Guarenteed Minimum Future Value (GMFV) gives you protection against any unexpected fall in used car prices. If you would like to return your car, your Ford Dealer will complete a vehicle appraisal. As long as your car meets our fair wear and tear standards, is within the agreed mileage, and your account is up-to-date, there will be nothing further to pay. Additional charges will be made if you exceed the agreed mileage or if your car does not meet our fair wear and tear standards.
Option 3 – Retain your Ford
Ford Options also gives you the flexibility to own the car at the end of the agreement. All you need to do is arrange payment of the GMFV, which was deducted at the start of your agreement.
We'll contact you before the end of your Ford Options agreement to make sure you have plenty of time to decide which option is right for you.
Renewing your Ford before the end of your agreement
With Ford Options, you're in complete control, with the flexibility to renew your Ford at the end of your agreement. Lyons of Limerick will assist you with the process, including settlement of your outstanding balance on your behalf. Please remember, however, that the responsibility of settling the financial balance remains yours.