Ford money

bigadaj

mollycat wrote: »

100% correct/

Anyone disputing this is simply a "got to get the last word" freak :rotfl:

We appear to have a little too much time on our hands by the look of things.

The backing of a major multi national is of course an added benefit.

No one would have given much thought to the fscs protection prior to the gfc, so whilst the fscs protection is a primary concern then additional financial clout is useful.

pafpcg

bigadaj wrote: »

The backing of a major multi national is of course an added benefit.

But of minimal value - big multinationals can divest themselves of subsidiaries or just shut them down within days or weeks once their boards have decided to make a change. My guess is that Ford are trying to emulate GM which has tried to follow GE (General Electric) in evolving from a manufacturing company to a finance company. In any case, with a cloud hanging over the future of car leasing to retail customers, I wouldn't rely upon Ford being around in the long term. FSCS is really the only guarantee. (Disclosure: I've invested in the Ford regular saver.)