Skoda No VAT Finance Offers

Skoda Octavia

Skoda Octavia

Customers selecting Skoda's hire purchase offer with a fifty per cent deposit benefit from 0% APR. As an illustration, the Skdoa Fabia 1.2 SE Plus is available for £209 per month. With a 10% deposit, hire purchase APR is 7.9%.

Until the 30th September 2011, selected petrol Skoda models from stock are available with no VAT when purchased with a funding option from Skoda Finance, which includes zero per cent hire purchase offer.

Customers selecting Skoda's hire purchase offer with a fifty per cent deposit benefit from 0% APR. As an illustration, the Skoda Fabia 1.2 SE Plus is available for £209 per month. With a 10% deposit, hire purchase APR is 7.9%.

Skoda's personal contract plan (PCP) comes with three years free servicing and the no VAT offer. In the situation, the Skoda Fabia 1.2 SE Plus is available with a £209 deposit and £209 a month for 36 months. With a car available for part exchange and a 25% deposit, monthly payments can be reduced £129 per month.

The finance offers are available on selected petrol stock Skoda Fabia, Roomster and Octavia cars bought through Skoda Finance.

0% Hire Purchase - Finance Example

Up to 2 years, 50% minimum deposit

  Fabia Hatch SE Plus 1.2 12V 69PS Octavia Hatch SE Plus 1.8TSI 152PS
On the road retail cash price £10,048.33 £14,388.33
Customer deposit £5,032.33 £7,212.33
24 monthly payments of £209.00 £299.00
Amount of credit £5,016.00 £7,176.00
Total amount payable £10,048.33 £14,388.33
Rate of interest 0% 0%
Representative APR 0% APR 0% APR
 Solutions – Finance Example

Including three years free servicing, based on one month rental deposit, finance over 3 years, 10,000 miles PA

  Fabia Hatch SE Plus 1.2 12V 69PS Octavia Hatch SE Plus 1.8TSI 152PS
On the road retail cash price £10,048.33 £14,388.33
Customer deposit £209 £305
35 monthly payments of £209 £305
Acceptance fee £125.00 £125.00
Optional final payment £3,978.61 £5,532.85
Option to purchase fee (payable with optional final payment) £60.00 £60.00
Amount of credit £9,839.33 £14,083.33
Total amount payable £11,562.61 £16,572.85
Representative APR 7.4% 7.6%
Rate of interest 6.5% 6.9%
Excess mileage 4.32p per mile 7.2p per mile
Solutions – Finance Example

Including three years free servicing, based on a higher deposit, finance over 3 years, 10,000 miles PA

  Fabia Hatch SE Plus 1.2 12V 69PS Octavia Hatch SE Plus 1.8TSI 152PS
On the road retail cash price £10,048.33 £14,388.33
Customer deposit £2,664.71 £3,854.32
35 monthly payments of £129.00 £189.00
Acceptance fee £125.00 £125.00
Optional final payment £4,095.00 £5,692.50
Option to purchase fee

(payable with optional final payment)

£60.00 £60.00
Amount of credit £7,383.62 £10,534.01
Total amount payable £11,334.71 £16,221.82
Representative APR 7.6% 7.7%
Rate of interest 6.5% 6.9%
Excess mileage 4.32p per mile 7.2p mile

All the above examples model prices include the 'No VAT equivalent' offer.

Published 18 July 2011 Staff

The information contained this Skoda news article may have changed since publication on the 18 July 2011. Our car specifications, reviews, and prices may only apply to the UK market. You may wish to check with the manufacturer or your local Skoda dealer, before making a purchasing decision. E.&.O.E. You may NOT reproduce our car news in full or part, in any format without our written permission. carpages.co.uk © 2017