Ford announced price increases across most of its UK range from the 1st December. The price increase an average of 2.7% will apply to orders received after November 30th.
Decisions to raise prices are taken only as a last resort and Ford will continue to provide the market with affordable, high-value, latest-technology vehicles. Customers trading in used Ford vehicles are benefitting from strong residual values, which reduce the overall cost to upgrade to a new vehicle. Prices for Ford vehicles will rise by an average 2.7 per cent, meaning an extra £250-£500 on the most popular models including the Ford Ka, Ford Fiesta, Ford Focus, Ford C-MAX, Ford Kuga and Ford Mondeo rising to £600 on a Ford S-MAX and Ford Galaxy. Similarly, for commercial vehicles the Fiesta Van increases by £400, Ford Transit Connect and Ford Ranger by £500 and Transit 1T model by £600. Prices for the Ford Focus RS and the Transit 2T remain unchanged.
There has never been a better time to buy new or used cars because of the increase in VAT in January and predicted price rises. Expect the rest of the industry to follow very early in the New Year if not sooner.