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Amid the slowdown in sales that the auto industry is facing in the country, makers are coming up with innovative measures to push the sales of their cars in the Indian market. US carmaker Ford is one among such company in India, apart from offering attractive discounts on their cars, the company has now come with a lucrative finance option for their entry-level model -- Figo, Aspire, and Freestyle. This new finance scheme from the American maker will surely make car ownership an easy affair for the customers as the scheme comes with the proposition of EMIs lower than Rs. 10,000 for the aforementioned models. Let’s take a look as to what Ford has to offer here.
Ford recently launched the facelift version of their entry level hatchback Figo in the Indian market. The latest model of Figo comes with improvement over the previous models and locks horns with the likes of Maruti Suzuki Swift and Hyundai Grand i10 in the market. The company sells the hatch with both petrol and diesel options. The finance scheme from Ford for the Figo pegs the EMI for the hatchback at Rs. 8,813. The best part is that the offer is applicable on all the variants of the hatch. However, the information displayed on the company’s website neither mentions the loan tenure nor the downpayment required for the deal. The prices for Ford Figo start at Rs. 5.23 lakhs in the Indian market.
Ford Freestyle is a crossover style car based on the Figo hatchback. The Freestyle takes on the likes of Tata Tiago NRG, Maruti Celerio X, and VW Cross Polo in the Indian market. The Freestyle comes with a rugged styling defined by the black body cladding all around the cross hatch. Launched in 2018, the Freestyle also managed to race up the sales charts when it was launched. However, the sales of the cross hatch have slowed down in recent times. Perhaps, this is the reason why the maker is offering a discount up to Rs. 25,000 on the crossover. Talking of the finance scheme, the make is offering a scheme with EMI for the car coming down to just Rs. 9,797.
Apart from the Figo, the maker had also launched the facelifted version of Aspire in the Indian market and the sub-4 meter compact sedan locks horns with Maruti Suzuki Dzire, Honda Amaze, Hyundai Xcent, and Volkswagen Ameo in the Indian market. Prices for Aspire sedan start at Rs. 5.89 lakhs, ex-showroom and the brand is also offering discounts up to Rs 30,000 (variant-wise) on the car. Under the new finance scheme by the brand the EMI for the sedan has been pegged at Rs. 9,916 which makes it a very enticing deal.