Ford offers new car buyers up to 6 months of payment relief
The “Built to Lend a Hand” program is open to eligible new car buyers across the US.
In response to the coronavirus pandemic, Ford revealed its plan to extend financial assistance to new car buyers last Thursday, joining a growing list of automakers.
Developed with its car dealers across the country, the “Built to Lend a Hand” program offers up to six months of payment relief for buyers who purchase 2019 and 2020 models and finance through Ford Credit. There’s one exclusion: the F-Series Super Duty.
Under the program, Ford will cover three months of payments, and customers can defer payments for another three months.
“Our dealers are incredibly connected to their communities,” said Kumar Galhotra, president of Ford North America, when announcing the program.
“They’re willing to lend a hand by doing whatever it takes to help our customers in this time of need,” Galhotra said.
Other ways Ford is helping its customers
In line with social distancing guidelines, Ford dealers will offer an online sales experience to customers interested in purchasing a new vehicle, as well as remote vehicle delivery where possible.
They will also allow customers to schedule appointments and request roadside assistance through the FordPass app.
Finally, customers who are struggling to make their repayments can call a dedicated hotline to discuss their options.
These guidelines are in place until the end of April.
Compare companies offering financial assistance to new car buyers
Ford is one of many automakers providing payment relief for new car buyers amid the coronavirus outbreak.
Photo credit: Ford