Škoda guaranteed future value
With Škoda guaranteed future Value you’ll have a flexible finance solution that gives you a next generation assurance from the moment you get your new Škoda. And your next one. Not only will you have the certainty of low fixed repayments, you’ll also have three great options at the end of your agreed term. Plus, you can renew at any time, allowing you to enjoy a new Škoda more often.
Your benefits
- Peace of mind knowing the minimum future value of your Škoda right from the start
- You have three options at the end of your Škoda Finance contract
- A personally tailored finance solution, based on the term and kilometre usage of your vehicle
- Upgrade your Škoda to the latest model more often, enjoying the best innovations and technologies
How it works
Step 1 : Start by selecting the Škoda you want
Step 2 : Choose the contract term which suits you best (24 months, 36 months, or 48 months)
Step 3 : Agree the annual kilometre allowance (10,000, 15,000, 20,000, 25,000 or 30,000 km per year)
Step 4 : Choose your deposit amount (which also gives you the option to reduce your repayments to fit your budget)
Step 5 : GFV (Guaranteed Future Value) calculated
Step 6 : Complete your term, then see your dealer
Step 7 : Choose one of three end of term options: renew, retain or return
Your options at the end of the term
Renew / trade in
If you’d like to upgrade to a new Škoda, the equity you’ve built up will contribute towards your new Škoda.
Retain
If you want to keep your Škoda, simply let us know. If you’ve met the relevant payment obligations under your contract, you can purchase your vehicle outright for the Guaranteed Future Value.
Return
If you decide to return the Škoda, then provided you’ve made all your regular payments, the Škoda meets fair wear and tear and is within the agreed kilometre allowance, you won’t need to pay the final payment, just the return fee.
Maintaining your vehicle
We understand that you will want to keep your Škoda in premium condition. To ensure the integrity of the Guaranteed Future Value program, your Škoda must be in acceptable condition when you return it to us and must not exceed the kilometre limit, as every kilometre over your limit is charged at 66 cents per kilometre. We also understand that some reasonable wear and tear is only to be expected, but it needs to remain within the provisions set by your Škoda Financial Services contract. If you exceed your nominated kilometre allowance, it will reduce your Guaranteed Future Value. However, this won’t affect your ability to trade in, retain or return your vehicle.