Current Ford Special Financing Programs
Newcomer Program
This program is designed for those who are new to Canada and are looking to purchase their first Ford.
Graduate Program
Have you recently graduated and are now working or looking for work? This might be the program for you!
First-Time Buyer Program
Buying a car is a big deal. It’s an even bigger deal when it’s your first car! That is why we have the First-Time Buyer Program, helping those in seek of owning their first Ford a smooth and seamless process.
The Newcomer Program
Newcomer Program
No prior vehicle buying experience in Canada? Formula Ford can help you get into the vehicle of your dreams with the Newcomer Program!
What is the Newcomer Program?
Ford is offering the Newcomer Program for individuals who have not yet purchased a vehicle in Canada. If you have recently come to Canada, a vehicle might be one of the first big purchases you will make, and Ford Credit wants to make sure this process is as seamless and simple as possible.
As a part of the Newcomer Program, if you are eligible, you can receive a rebate of up to
$500
How can you qualify?
a landed immigrant with a Permanent Resident Card IMM5688 or IMM5292.
a foreign worker with a Work Permit IMM1102 or IMM1442.
an international student with a Study permit IMM1208 or IMM1442.
Don’t have any of these documents? You may still be eligible for the First-Time Buyer Program
What are your needs/ wants?
Before visiting Formula Ford, you may want to decide what is important for you and your vehicle needs. You may find that specific features are a requirement, while others are just a want. Below is a list of things to consider when deciding which vehicle might be right for you.
- How many people – and how much stuff needs to fit into your vehicle?
- Which safety features are a “must have”?
- What are your fuel/kilometre needs?
- How much will the insurance be?
- Do you want leather seats, an upgraded stereo or a navigation system?
- What vehicle type/ use cases will you require?
- What driving conditions will you experience over the term of driving this vehicle?
- How much does the size of the vehicle impact your decision?
Decide on Budget
Suppose you are looking to take advantage of the Ford Newcomer Program. In that case, it’s essential that you understand your current financial situation and decide on a budget that suits your criteria. Prior to applying, make sure to set aside a paystub or confirmation of employment as you will need to provide it during the application process.
Want to learn more?
At Formula Ford, we have the Newcomer Program to assist those who may be new to financing a vehicle. Our team of Ford Brand Specialists at Formula Ford can provide you with the information required about the program and guide you through the financing process. We offer a range of financing options and are committed to providing excellent customer service to all our customers. If you’re new to financing a vehicle and want to learn more about the Newcomer Program, don’t hesitate to reach out to one of our Brand Specialists for more information.
The Graduate Program
Graduate Program
Recently graduated and looking for a new set of wheels? The Graduate Program is designed for those who have recently wrapped up their education and are looking for an opportunity to own their first Ford.
What is the Graduate Program?
The Graduate Program is designed for recent graduates looking to own their first Ford, whether they are experienced or not in buying a car. It provides resources and personalized support to make informed decisions and offers competitive financing options and flexible payment plans. Whether you have no experience or some, this program offers you the opportunity to get behind the pilot your dream car while saving some money and simplifying the car-buying process.
As a part of the Graduate Program, you have the ability to receive a cash rebate of up to
$500
Who can qualify?
You can apply for credit under our Graduate Program, if you are over 18 years old and:
you are a student who graduated or will graduate within the next 4 months from a Canadian accredited University undergraduate degree program, from a two-year college program, from a three-year CEGEP D.E.C. program in Quebec, or from a recognized military or police academy
you are a full-time post-graduate student who has graduated from a Canadian accredited University with a Masters, Doctorate or PhD program within the last 24 months
you are a full-time student who will graduate from a Canadian accredited University with a Masters, Doctorate or PhD program within the next 24 months
During the credit application process, it’s important to have a current pay stub or employment offer confirmation from your future employer on hand. Even if you don’t meet the graduation requirements, you may still be eligible for our First-Time Buyer program. Don’t hesitate to reach out to your Ford Dealer for more information about eligibility and additional details.
What are your needs/ wants?
Before visiting Formula Ford, it migh rbe good to spend some time figuring out what is important for you and your vehicle needs. You might find that some things are necessary, while others are simply features you may want. Below is a list of things to consider when deciding which vehicle might be right for you.
- How many people – and how much stuff needs to fit into your vehicle?
- Which safety features are a “must have”?
- What are your fuel/kilometre needs?
- How much will the insurance be?
- Do you want leather seats, an upgraded stereo or a navigation system?
- What vehicle type/ use cases will you require?
- What driving conditions will you experience over the term of driving this vehicle?
- How much does the size of the vehicle impact your decision?
Decide on Budget
If you are looking to take advantage of the Ford Graduate Program, it is good to know your current financial situation and find a budget that meets your needs. Before you apply, please set aside a paystub or confirmation of employment or employment offer as you will need to provide it during the application process.
Want to learn more?
At Formula Ford, we offer the Graduate Program to assist recent graduates who may be new to financing a vehicle. Our team of Ford Brand Specialists can provide you with all the information you need about the program and guide you through the financing process. We offer a range of financing options and are committed to providing excellent customer service to all our customers. If you have recently completed your studies and would like to know more about the Graduate Program, feel free to contact one of our Ford Brand Specialists to get further details.
The First-Time Buyer Program
First-Time Buyer Program
If you’re a first-time car buyer, this program is for you! Ford is offering the First-Time Buyer Program to help you get behind the wheel of a new Ford vehicle. Here at Formula Ford, we aim to make the car-buying process simple and provide you with all the information you need. Our dedicated team of Ford Brand Specialists are always available to answer any questions you may have and help you choose the perfect vehicle for your needs.
What is the First-Time Buyer Program?
The Ford First-Time Buyer Program in Canada is here to provide new car buyers with an affordable and easy process to owning their first Ford. Though you may not be eligible for the previous two offers, you may still fit the criteria for the First-Time Buyer Program so it’s good to ask one of our Ford Brand Specialists for more information if you are unsure.
As a part of the Graduate Program, those who are eligible can receive a rebate of up to
$500
Who can qualify?
To qualify, an applicant must meet at least one of the three criteria below.
No prior automotive finance history on Credit Bureau.
No derogatory credit such as; No current delinquent accounts, No accounts with past delinquencies >90 days past due, and No charge-offs >$500 with no repossessions, foreclosures, or bankruptcies.
Verifiable monthly income is sufficient to cover vehicle payments, ordinary living expenses, and all outstanding debt.
During the credit application process, it’s important to have a current pay stub or employment offer confirmation from your future employer on hand. Even if you don’t meet the graduation requirements, you may still be eligible for our First-Time Buyer program. Don’t hesitate to reach out to your Ford Dealer for more information about eligibility and additional details.
What are your needs/ wants?
Before visiting Formula Ford, try to spend a little bit of time deciding what’s important for you and your vehicle needs. You might decide that certain features are necessary, while some a just a luxury and not required. Below is a list of things to consider when deciding which vehicle might be right for you.
- How many people – and how much stuff needs to fit into your vehicle?
- Which safety features are a “must have”?
- What are your fuel/kilometre needs?
- How much will the insurance be?
- Do you want leather seats, an upgraded stereo or a navigation system?
- What vehicle type/ use cases will you require?
- What driving conditions will you experience over the term of driving this vehicle?
- How much does the size of the vehicle impact your decision?
Decide on Budget
If you would like to take advantage of the Ford First-Time Buyer Program, it is good to know your current financial situation and find a budget that meets your needs. Prior to applying, ensure you have set aside a paystub or confirmation of employment as you will need to provide it during the application process.
Want to learn more?
At Formula Ford, we offer the First-Time Buyer Program to assist those who have no prior automotive finance history. Our team of Ford Brand Specialists can provide you with all the information you need about the program and guide you through the financing process. We offer a range of financing options and are committed to providing excellent customer service to all our customers. If you’re a first-time buyer and want to learn more about the program, don’t hesitate to reach out to one of our Brand Specialists for more information.
Looking for a specific vehicle offer?
Click the link below to view our current offers and see which vehicles are eligible for a discount!