Jennings Ford customers to benefit from full VAT savings
Posted on 03 Dec 2008
Motorists looking to buy a new Ford from any Jennings Ford dealership across the region, can take advantage of the recent 2.5 per cent reduction in VAT – with immediate effect.
Following the announcement in the Chancellor’s pre-Budget statement on Tuesday 25th November, Ford Motor Company has confirmed that the full benefit of the VAT reduction will be passed on to its customers.
The savings will be actioned with immediate effect at JenningsFord’s five dealerships across the region, provided payment and legal transfer takes place on or after the December 1 official start date.
The new 15 per cent rate will remain in place until the end of 2009, and is applied on all new Ford cars including the recently-launched all-new Fiesta, where it represents a saving of approximately £200. Customers can expect to save around £350 on a £15,000 Ford Focus and £500 on a Ford Mondeo, S-MAX or Galaxy.
Customers will also save money on Ford’s parts and service prices at Jennings Ford branches, which also benefit from the 2.5 per cent tax reduction.
Responding to the Chancellor’s announcement, Roelant de Waard, chairman and managing director, Ford Motor Company Limited, said; “We are pleased that the Government has taken such decisive action and we hope the tax reduction will encourage more customers to visit their local Ford dealership.”
“We won’t wait for December 1 and will take orders at the new and reduced VAT rate as of today.”
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