An attractive 6.9 per cent APR finance offer is now available from Skoda for customers looking to purchase a new car, through its Solutions scheme.
The Solutions scheme offers users the option to part exchange their car for a new Skoda, make an optional final payment to purchase the car or simply return it.
Many banks are still reluctant to lend money for cars, and although the base rate has gone down, average rates for personal loans have actually been increasing. This has made Skoda Finance's products even more appealing, giving customers an opportunity to buy a new car.
Skoda Finance has a range of products to help customers get the most for their motoring budget. These include insurance and fixed-price service and maintenance plans, as well as items such as payment protection, which all offer peace of mind in uncertain times.
Jacqui Rowley, Skoda Finance Brand Manager says: "There has never been a better time to buy a new Skoda. We have a range of products that are very attractive when compared to those offered by many High Street lenders, making our cars even more affordable and giving customers value.
"We're constantly reminded of the 'credit crunch' and many banks nowadays are unwilling to lend customers money to finance a depreciating asset such as a car. But we are experts in motor vehicle finance. It's what we do and what we've always done. We know the risks and we manage them.
"What's more, the recent changes in the Bank of England base rate mean that there are over three million tracker mortgage customers who will be up to £260 per month better off. While we acknowledge that some bills will have gone up, with £260 a month spare, this could equate to a nice new car. For example, customers can buy an entry-level Fabia through Solutions (PCP) with a £139 deposit and monthly payments of just £139."
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