Hire purchase allows you to choose a ŠKODA and a repayment period that’s right for you. Allowing you to drive your ŠKODA within a set monthly budget.
Under Hire Purchase, ŠKODA Finance purchases the car on your behalf. You then pay an agreed instalment over 1 to 5 years. The car becomes your property at the end of the agreement upon payment of a purchase instalment.
How it Works:
- Pay an initial cash deposit and / or a part exchange
- Choose a suitable repayment term for your new ŠKODA (eg. 12,24,36,48 months)
- Then agree a monthly payment that suits your budget
When the last payment is made, that’s it, the car is yours.