Finance

What is Financing?

Financing is simply a transaction between you and your the financial institution, whereby you agree to pay the amount financed, plus an agreed-upon finance charge, over a period of time.

Financing is popular because it allows you to purchase a vehicle without paying the total cost all at once. Instead, you pay a fraction (usually 10% minimum) of the cost up front, which is referred to as a down payment, and borrow the rest. You then repay the borrowed amount with interest in monthly payments spread out over months or years.

Our finance staff works with a vast array of lending sources in order to satisfy our customer's financial needs with the most complete and comprehensive financial packages available. Our professional team works diligently to maintain our goal of 100% customer satisfaction. We work with all major financial institutions in Canada and our buying power gets you great rates, amortization and service. Let us look after your automotive financial needs today!
Healy Ford offers online, or phone-in credit approval. Almost all credit decisions can be done in as little as 15 minutes! As one of the top volume Ford dealers in Canada, Healy Ford’s team has the skills and resources to get the best interest rates and terms available on the market.

If you have any questions on Credit issues, like how it works, what we do for you, how we can save you money, or how we can get you low low rates!

Online Finance Department Services

At Healy Ford we offer some great on-line tools to help you decide how to purchase or lease your next vehicle. Read our buying vs. leasing guide and weigh the pros and cons, then calculate your monthly payments with our finance and leasing estimator. Finally, apply for credit on-line through our on-line credit application service to get pre-approved.
Whether you need financing or leasing for a car or fleet and commercial trucks, our full service Finance department deals with many financial institutions to help you get the best credit package that meets your needs. Some of our credit sources include the following well known financial institutions.

Royal Bank TD Canada Trust Bank of Montreal HSBC Ford Credit Alberta Treasury Branch Servus Credit Union VFC Wells Fargo Auto Finance WS Leasing Financial, Travellers, Bank of Nova Scotia 

Call Patti Kehoe or Darryl Bourgeois at 424 3673 in  Edmonton & area,
out of town call toll free 1 877 424 FORD
or if you would like a free preapproval to help you decide on your automotive requirements
Click Here for our secured online credit application.

Credit problems?
We can deal with that too!
Let us help you rebuild your credit while driving the vehicle of your dream!
Email Sarnesh  sarnesh@healyford.com
or call toll free  in Alberta, British Columbia or Saskatchewan at 1877 424 3673
Direct CONFIDENTIAL credit line is 780 421 5413
Call today!

FORD CREDIT:
It is a worldwide leader in automotive financing and here at Healy Ford we offer a variety of Ford Credit's lending services.

WHY DO WE LIKE TO UTILIZE FORD CREDIT?

Trustworthy:
As a full-service automotive finance company, Ford Credit offers a full range of automotive financing services designed to meet the needs of its customers. Ford Credit's plans include fixed-rate financing that protects you against rate increases during the life of the contract.

Convenient:
Ford Credit works closely with Healy Ford to take care of your financing need right on the spot no matter where you are located.  Arrangements for Ford Credit's services are made right in our dealership showroom with our Business Managers. No running to a bank or credit union and standing in line waiting unreasonable periods of time for approvals. Our services are designed for your convenience.

Accessible:
Ford Credit is one of the largest financial services companies operating in Canada..

Leasing:
Once you understand the basics of leasing, you'll see that it's just as simple as traditional financing. There are some basic differences between leasing and financing.

Credit Application:
AutoApply is Ford Credit's 'Online Credit Application'. This credit application will provide you with convenient shopping and buying capability for both new and used Ford and Lincoln vehicles. This straightforward process gives you the option to finance or lease a vehicle and receive a credit decision from the comfort of your home. Click Here to start the process.
Healy Ford is pleased to offer First Canadian suite of automotive insurance products!

Life Insurance
First Canadian's life insurance is designed to protect you from the financial risks of an untimely death.  Should you die before the loan on your vehicle is fully re-paid, your family will be spared the expense and worry of paying out the loan.  You are protected during the entire term of your loan or a shorter period if you select short term benefits.
Because administration is direct between First Canadian and the credit granting institution, premiums are low and claims are easy.  The insurance is guaranteed issue, as long as you are over the age of 18 and under the age of 68 years.

Disability Insurance
Healy Ford and First Canadian offers disability insurance designed to protect you from the financial risks of an interruption in your ability to earn an income.

The 24 hour accident and sickness insurance makes your payments for you during an extended period of disability.  If you are sick or become injured (on or off the job) and are unable to earn an income, then your monthly obligation will be paid on your behalf by First Canadian. 

Once the disability has continued beyond the waiting period, your monthly payment is automatically paid on your account.  Benefits can even be paid retroactively from the first day of the disability if you elect that plan.  Benefits continue for as long as you remain disabled as defined in the policy.  You may claim as many times as necessary during the term of your loan. 

All disability insurance programs protect the entire term of you loan or a shorter period if you select short term benefits.  Also partial payment disability (PPD) benefits are available to allow you to tailor the coverage and the premium to your specific needs.

Protection...Excellent Protection and Peace of Mind
This coverage is among the most economical forms of insurance available in the market today.  There are no medicals.  No medical questionnaires.  Administration is direct between the financial institution and First Canadian.
Few exclusions means guaranteed protection notwithstanding your general medical condition, occupation, or hobbies.

Coverage is available at low group rates.  The low rate remains the same regardless of your age (between 18 and 65 years for disability or between 18 and 67 for life on the day you take delivery of your vehicle), or your current state of health.
First Canadian offers life insurance and all disability plans for the co-signer, instead of, or in addition to coverage on the principal buyer, if elected.
Insurance, if you plan ahead, is a small price to pay for your family's peace of mind and protection.  The small premium needed to protect you against these risks is easily furnished in your monthly payment.

Some people have partial life or disability coverage through a group insurance plan at work but few people have the opportunity or can afford to increase that coverage when required to cover a major obligation such as the purchase of a vehicle.

Claims on all plans are straight forward and easy!  Simply contact your Healy Ford Sales Financial Services Manager for plain language forms or telephone First Canadian directly.  Payment will be made directly to the financial institution on your behalf.  It's this easy administration which permits this insurance to be sold at these low rates.

Peace of Mind...
Without insurance, your options are severely restricted
With insurance, you're protected!

The extra security makes your loan application more attractive to the lender as you have:the potential of direct payment to your creditor if you cannot pay due to death or disability.
can avoid the embarrassment and loss of a re-possession during a difficult time.
Will avoid the extra costs and worries of missed payments during a difficult time.
Will protect your credit rating and financial stability.  Ask about which plan suits your needs. 
Some limitations and exclusions may apply.  Please ask for details at the dealership.
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RED CARPET LEASE WEAR CARE

This is a product we highly recommend when leasing a new vehicle as it will no doubt save you money in the long term, the following provides you with some of the benefits to you. If you have any questions, plend.ease do not hesitiate to contact Patti or Daryl at your convenience either by phone 424 FORD.

Repairs
Repairs are necessary regardless of whether you lease or buy your vehicle.  However, when you lease, the timing of these repairs is more critical because the vehicle must be returned to your dealer in good order at lease end.

Windshields
Windshields are another good example.  Whether or not you lease, damaged windshields must be repaired/replaced. 

Ford Credit has enhanced the lease experience by taking care of excess wear and tear - including windshield damage not covered by insurance (at lease end).

Tires
Whether or not you lease, when the tires are worn out they must be replaced.  Since you have selected the Red Carpet lease, there is an option available to you which will cover excess wear and tear items such as low-tread tires (at lease end).

Protection
Would you be interested in a product that would give you added "peace of mind" by reducing your potential liability for excess war and tear charges at the end of your lease by up to $3,500.00?

Affordable
What if I told you the price for this added protection was only about $12 to $17 a month (depending on the term of your lease)
... Would you still be interested?

More Security
Your security deposit will be waived if you elect to take WearCare.
 

WearCare
Well, good news, the program is called WearCare, and is only available on Ford Credit's Red Carpet Lease program for new vehicles.

Red Carpet Lease
But you have to act today, because you can only purchase this "peace of mind" protection when you take delivery of your new leased vehicle.
Coverage
Broken parts
Missing parts $150
Tears, burns or permanent stains in upholstery fabrics
Cracked or broken glass
Tire/wheel damage
Dented body panels
Dents/scratches
Tires with less than 3.2 millimetres (1/8 inch) of tread
Bumper damage
Paint damage
Broken lights/trim/molding
Benefits to You
No surprises when the lease terminates.
Peace of mind throughout the lease.
Security deposit is waived.

WearCare protects new vehicles against excess wear and tear (at lease end) up to a total of $3,500!
call us at 424 FORD or email Patti or Darryl at businessoffice@healyford.com for details
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Credit Problems or No Credit History?
Finance link below. We can ensure that your family or business automotive requirements are fulfilled, no matter what the problem.
Click Here for our 30 Second Credit Application.

Healy Ford in Edmonton, Alberta, Canada, a Ford dealership you can recommend!