As reported exclusively in the October issue of AUTOMOTIVE FLEET, Ford is offering two programs for the Fairlane and standard Ford for 1964. The first program allows a credit of 75 per cent of the suggested retail prices of options on Ford and Fairlane models. The standard Ford credit is $125 with an $80 credit for Fairlane models.

The alternate plan is a guaran­teed depreciation program which ranges from 3 per cent a month on a 12 month lease to 1.9 per cent a month on a 36 month lease with graduated rates for lease terms be­tween 12 and 36 months. The plan was devised to make Ford products more competitive in the leasing and fleet market.

Months In Service Depreciation Rate Guaranteed Repurchase Rate
12 3.000 64.00%
13 2.838 63.10
14 2.700 62.20
15 2.580 61.30
16 2.475 60.40
17 2.382 59.50
18 2.300 58.60
19 2.226 57.70
20 2.160 56.80
21 2.100 55.90
22 2.100 53.80
23 2.100 51.70
24 1.100 49.60
25 2.080 48.00
26 2.070 46.18
27 2.050 44.65
28 2.030 43.16
29 2.020 41.42
30 2.000 40.00
31 1.980 38.62
32 1.970 36.96
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