Skoda Octavia
Skoda Octavia

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 : 18/07/11 Author : Staff

Skoda News

This is a 10-year+ news article, from our Skoda archive, which dates back to the year 2000.

If in doubt check with your local Skoda dealer as car prices and technical data will have changed since 2011.

Although our car news is published in good faith, we cannot guarantee it to be error free or complete or up-to-date.

Skoda Images

Skoda Images may not be UK specification cars. Colours and exterior and/or interior elements may differ from actual models.

Copyright

The car news and images remain the copyright of the rights holder and may not be used without their consent.