www.fordcredit.com As an indirect, wholly owned subsidiary of Ford Motor Company and one of world’s largest automotive finance companies, Ford Motor Credit Company (FMCC) has served its customers since 1959, by offering competitive rates, innovative products, flexible terms and outstanding customer services.

You may wonder why Ford should be your choice among all the automotive finance companies that provide similar services and products. Here are the several appealing features that make it stand out.

More options in first class vehicles

Having support from Ford, Lincoln, and Mercury, you can choose from more autos, new or second-hand, and have a higher possibility to find the one that you like and best fits your need. One remarkable thing is that, the pre-owned Certificate program(http://www.fordcredit.com/buy/preowned_vehicles.jhtml) would be extremely helpful if you are looking for a second-hand auto. To view local special offers, you can first get access to the web page for Ford Advantage Plan, and then click on the vehicle you are interested. The address of Ford Advantage Plan is www.fordspecialevent.com .

Simple interest rate

When you consider a financing proposal, a key factor that you take into consideration would be the cost of this financing plan, which is the interest you will have to pay for borrowing the money. Then why financing with Ford Credit? Another reason would be its attractive interest rate. Most of the time you will get 0% APR, and when it charges you interest, instead of compound interest rate which is the usual case, Ford Credit charges you only simple interest rate.

To understand what is simple interest rate, first please keep in mind that the interest rate in your savings account are usually compound, which means the interest you earn from your principal in the first period would be seen as the principal in the second period, and all the amount in your account at the end of the second period would be regarded as your principal in the third period, and so forth. In other words, interest rate can earn interest. However, a simple interest rate means that only your initial principal will be used to calculate interest. Now just imagine how happy you would be when the money in your saving accounts earns a compound interest while the money you borrow only charges you of simple interest rate, wouldn’t that be the best thing to know?

If you choose to finance your auto with Ford, this ideal situation would become true.

First-time buyer service

Being so caring about the need of its customer, this service is designed for those who have no previous experience of buying a car. On the website of FC, a general tip is provided guiding first-time buyer along the 3 steps of choosing a car and a financing proposal. The payment estimator can help them determine how much they can afford, and for complete details, please see the website of dealers.

Flex-buy

Flex Buy is a unique payment plan designed to complement today's budget and tomorrow's income, especially for those who will get a foreseeable increase in income. It is an instalment contract of 66 months, which is divided into 2 different phases. In the first 36 months, the monthly payment would be lower than the payments of a comparable 60-month contract. In the second phase of 30 month, you will endure a rise in the payment, but now as you expected, you will get a higher income to cover this increase.

Payment protection program

Available on all Ford, Lincoln and Mercury vehicles – excluding E/F-450 and higher, the Ford Payment Protection Program covers your payments for up to 12 months if you lose your paycheck with no additional cost to you. To qualify for the benefit of this program, you should buy/lease an eligible new vehicle between March 31 and June 1 in 2009, and finance your new purchase/lease. Also, you need to satisfy several unemployment conditions to apply for the benefits. To know more detailed information, visit www.fordspecialevent.com and you will find a brochure there.

College student program

With specially designed finance/lease program for college students, who have the potential purchase power, Ford Credit craters the need of this group of people quite well. Visit http://www.forddrivesu.com/ and you will find detailed information of this program. All full-time and part-time college freshmen, sophomores, juniors, seniors, graduate students, trade school students and recent graduates qualify to apply for the “Get your $500” program. After signing up as a Ford Student, when you buy/rent an eligible vehicle, you will get a $500 bonus on purchasing/leasing it.

Other services such as GAP Coverage, Insurance services are also provided. Having a brief look over Ford Credit’s services and programs that are designed to best satisfy its customers, you may be convinced that you can find what you need here. If so, visit www.fordcredit.com where more detailed information would be available.