Ford finance options

See how to finance a Ford and compare car loans now.

Ford Motor Company is an automaker that was founded in Michigan in 1903 by Henry Ford and currently the fifth-largest carmaker in the world. The company currently produces more than 6.6 million vehicles per year.

Ford models available in Australia

There is a large range of Ford models available to buy in Australia, including a hatchback, sedans, SUVs, sportscars and commercial vehicles. These include:

  • Ford Focus
  • Ford Mondeo
  • Ford EcoSport
  • Ford Endura
  • Ford Everest

  • Ford Escape
  • Ford Ranger
  • Ford Mustang
  • Ford Ranger Raptor
  • Ford Transit

Compare Ford financing options

Updated August 22nd, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
5.49% (fixed)
5.84%
$2,000
1 to 7 years
$250
$0
You'll receive a fixed rate of 5.49% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.
6.99% (fixed)
8.1%
$5,000
1 to 7 years
$295
$10
You'll receive a fixed rate of 6.99% p.a.
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.
From 4.99% (fixed)
5.54%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.99% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.
From 5.34% (fixed)
6.6%
$7,500
1 to 7 years
$459.20 (for private seller vehicles this fee is $608)
$8.90
You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $150,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
From 5.69% (fixed)
6.39%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 5.69% p. a.
Purchase a new car with this loan and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
From 5.69% (fixed)
6.39%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 5.69% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.
8.49% (fixed)
9.67%
$10,000
1 to 7 years
$250
$12
You'll receive a fixed rate of 8.49% p.a.
Finance a new or used car and benefit from convenient features for car buyers including a car search tool and the option to borrow extra for on-road costs.
From 5.71% (fixed)
6.57%
$1,000
1 to 7 years
$100 (from $100 to $500)
$10
You'll receive a fixed rate between 5.71% p.a. and 8.66% p.a. based on your personal credit history
A flexible loan to help you finance a car, motorbike or boat up to five years old.
6.79% (fixed)
7.16%
$5,000
1 to 7 years
$265 ($175 Establishment Fee + $90 Security Administration Fee)
$0
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
From 7.99% (variable)
8.96%
$10,000
1 to 10 years
$200
$10
You'll receive a variable rate from 7.99% p.a.
Apply for up to $75,000 and benefit from features such as fast approval, free online redraws and no penalties for early repayment.
6.45% (variable)
6.59%
$10,000
1 to 7 years
$100
$0
You'll receive a variable rate of 6.45% p.a.
Finance 100% of the purchase price of a new or used car up to 3 years old with a loan starting from $10,000
6.69% (fixed)
7.04%
$2,000
1 to 5 years
$250
$0
You'll receive a fixed rate of 6.69% p.a.
Benefit from this competitive rate by securing the loan with a vehicle up to 6 years old. Use this flexible loan for any purpose.
From 4.79% (fixed)
5.34%
$10,000
1 to 7 years
$400
$0
You'll receive a fixed rate of 4.79% p.a. with a comparison rate of 5.34% p.a.
Get access to over 20 providers to fund a new or used car.

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How much does it cost to buy a Ford?

According to Redbook, the purchase price of popular Ford models are as follows:

  • Ford Focus Trend SA Auto: $25,990
  • Ford Transit 350L VO Manual: $49,490
  • Ford Endura Trend CA Auto: $44,990
  • Ford EcoSport Ambiente BL Auto: $22,790
  • Ford Escape Trend ZG Auto: $33,490
  • Ford Ranger XL Hi-Rider PX MkII Auto: $33,390

Other costs to consider

Some additional costs for you to consider before applying for a loan are:

  • Repairs and servicing. You will need to pay for any maintenance or repairs on your vehicle, so it's important to try and keep your car in good condition to avoid expensive repairs in future.
  • Fuel usage. You will need to cover the cost of any fuel you use, and this will be affected by how much you drive your car, as well as the fuel efficiency of the specific model you choose. The ATO defines a fuel-efficient car as one with a fuel consumption of less than 7L/100km, which means the Ford Focus, Ford Endura and Ford EcoSport would all be considered fuel efficient, whereas the Ford Ranger has a fuel efficiency rating of 7.8L/100km.
  • Registration and insurance. You are legally required to register your vehicle, as well as take out compulsory third party (CTP) insurance, to use your car in Australia. There are also a number of optional insurance products to cover theft, fire and other damage, but these will vary in cost based on your driving history, age and gender.
  • Stamp duty. You will also need to pay stamp duty when you purchase a new or used car, which will vary by state or territory. You can calculate the cost of stamp duty by using our calculator.
  • Cost of finance. If you're using a car loan or alternative form of financing to help purchase your car, you will need to factor in the cost of the finance to understand the true cost of your vehicle purchase. See below for more information on your financing options.

What types of finance options are available?

  • Secured car loan. If you're buying a new car or a used car that's under a certain age, you can use it as security against the loan. You will receive a lower interest rate than on an unsecured loan, and are generally more likely to be approved, as the loan represents less risk to the lender.
  • Personal loan. If you don't want to use the vehicle as security against the loan, you can apply for an unsecured car loan or personal loan. You will generally get a higher rate and have access to a smaller maximum loan amount.
  • Commercial hire purchase. This is an option for businesses looking to lease a vehicle for a fixed term. You generally have the option of purchasing the car at the end of your loan term.
  • Novated lease. If you want to take advantage of tax benefits when financing your vehicle but the car is for personal use, you can consider a novated lease. It's an arrangement between you, your employer and a financier and allows you to pay for the vehicle out of your pre-tax income.
  • Ford Finance. Ford currently offers dealer finance for both businesses and individuals.

What should you consider when choosing finance?

There are several factors to take into account when seeing what finance is available to you:

  • Can I afford the repayments? Using a car loan repayment calculator can help you work out how much the repayments will be for each finance option and whether you can afford it.
  • Do you want to own the vehicle? Not all financing options let you own the car from the outset. These options give you other benefits but it’s important to consider when picking the loan that’s right for you.
  • How long do you want to keep the Ford? If you like new cars and usually get one every few years, some of the lease options give you the option of swapping for a new car at the end of the lease term. This may be an alternative to consider rather than purchasing a new car outright.

What you will need to apply for a loan

You’ll need the following to apply for a car loan:

  • Financial statements. You must be able to show your income, which may require your payslips or bank statements, or if you’re self-employed, you’ll need to provide your tax returns. You’ll also have to detail your assets and debts.
  • Identification. Requirements differ between lenders but you may need your driver’s licence, passport or Medicare card.
  • Assets and liabilities. You must show your current assets and liabilities situation to your lender before getting approved for a loan.

You will also need to meet the following criteria to be eligible for a loan:

  • Be at least 18 years old.
  • Be an Australian citizen or permanent resident.

Ford reviews

Before looking for finance, read our reviews of popular Ford models to help find the one that is right for you.

Updated August 22nd, 2019
Name Product Number of seats ANCAP rating Price (from) Finder Score Read review
5 seats
5 stars
$50,990
81.67%
5 seats
5 stars
$27,990
85%

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Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 5.49% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Latitude New and Used Car Loan
Latitude New and Used Car Loan

You'll receive a fixed rate of 6.99% p.a.
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 5.69% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.

Logo for Stratton Finance New Car Loan
Stratton Finance New Car Loan

You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $150,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.

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