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Skoda Personal Finance

Getting your hands on a new ŠKODA is both easy and affordable. Whether you put down a large deposit or would prefer to pay something smaller up-front, we have a finance offer package for you.

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What is Hire Purchase?

Hire Purchase is an agreement that leads to ownership, so it is best if you’re considering keeping your vehicle for longer than the repayment period.

Once you have chosen your ŠKODA and decided on your deposit, you just need to make one decision that will affect your monthly repayments:


Choose any repayment period between 12 and 60 months.

Once you have paid all repayments and the option to purchase fee, the vehicle is yours to keep.

What benefits does hire purchase offer me?

  • KEEPING YOUR ŠKODA: Hire Purchase is great if you’re planning on keeping your ŠKODA beyond the total period of your repayments
  • UNLIMITED MILEAGE: There are no mileage restrictions
  • LOW DEPOSIT: Deposits can be as little as one monthly repayment
  • BUILT AROUND YOU: Choose the monthly term that best suits your budget

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Silver Skoda Superb Estate among modern buildings


What is a solutions personal contract plan?

A Solutions Personal Contract Plan, or PCP, is our most popular and flexible finance plan, designed to give you lots of options.

After looking at how much you drive, we’ll agree a future value for your car upfront. So you can get on with enjoying your new car without having to worry about how much it will be worth in the years to come. Once you’ve chosen your vehicle and decided on your deposit, you’ll need to make three decisions that will affect your monthly payments:

Your payment period: Choose between 18 and 48 months.

Mileage per year: Choose how many miles you expect to drive each year (fees may apply if you exceed this).

Final option payment: Agree the deferred amount, known as the final optional payment, to the end of your agreement.

At the end of your agreement you can choose from one of three options:

  • 1. Upgrade your ŠKODA for a new one (by part exchanging)
  • 2. Keep your ŠKODA (by paying the optional final payment and option to purchase fee)
  • 3. Simply return your ŠKODA (subject to condition and mileage)

Solutions gives you the opportunity to reduce the length of your agreement when compared to some other plans, which is handy if you’d like to change your car more regularly.

Remember it’s important to keep your ŠKODA in good condition, within the agreed mileage and to make any repayments on time.

What benefits does solutions offer me?

Deferring a set amount to the end of your agreement could help to reduce your monthly repayments

A Solutions agreement can protect you from unforeseen depreciation in your vehicle’s value

Deposits can be as little as one monthly repayment

It’s a flexible product, giving you three options for the end of your contract. This decision doesn’t need to be made until the end of your agreement

Speak to a Specialist

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Contract Hire is a rental agreement that allows you to drive a ŠKODA without needing to own it.

It’s great if you simply want to pay a monthly rental for the vehicle, with an option to change it on a regular fixed period without the worry of ownership. To make budgeting easier, you can even build a service, maintenance and tyres plan into your monthly payments.

Speak to a Specialist