How Finance Works

ŠKODA Financial Services Home
ŠKODA Financial Services Home

Finding and financing a car may seem overwhelming at first. After all, there is such a wide range of options to choose from. But at ŠKODA Financial Services we’ve made it easy.

Because our Business Managers work at ŠKODA dealerships, you get your vehicle, finance and insurance in the one place, at the same time. Our Business Managers are experts in finance — and they know ŠKODA vehicles better than anyone else. So they’ll take you through the process, explaining everything clearly as they go.

It’s as easy as 1, 2, 3.


1: Get ready

Check your finance options

Look at your options

Start with a little homework by checking our personal finance or business finance solutions. You might want to read up on the different features of purchasing or leasing to help clarify your options too. Remember though, it’s important to check with an expert - talking to your accountant about your circumstances is always a great start.

Contact your Skoda dealer and make an appointment

Make a time to visit your ŠKODA dealer

Jump on our Dealer locator and make an appointment to stop by your local dealership. Let them know you’re interested in financing a vehicle and would like to meet their Business Manager.

2: Talk to your ŠKODA specialist

Take a test drive

Go for a drive

Before you talk finance, you should get behind the wheel of a ŠKODA and experience the great ride ahead of you. Your dealer will help you choose the right vehicle for your needs and explain its features. Then it’s time for a test drive, where you get to experience the joy of ŠKODA’s features — including superb engineering, stylish design and clever touches that enhance your comfort and safety.

Talk to us about your finance options

Discuss finance with us

After you’ve been for a drive, your ŠKODA Financial Services Business Manager will explain our range of finance options to you. This is the time to ask any questions you may have about the way finance works. They’ll then walk you through the application process. At this time, they’ll also ask you to provide some information about you and your finances, as well as your business if you’re after a work vehicle.

Talk about insurance

Look at your insurance options

Your Business Manager will also explain the range of insurance options available to protect your vehicle, cover you against financial loss, and help you manage payments if something happens to your income. They’ll help you choose insurance options that are the right fit for your needs and budget, giving you peace of mind.

Get your finance approved and pick up your vehicle

Drive away in a brand new ŠKODA

Once you’ve completed your application, you’ll be surprised at just how fast the approval process is. And if you’ve chosen to finance all your costs — including on-road costs, registration and even insurance, you could be driving your new ŠKODA even sooner.

3: Enjoy our after sales service


Talk about insurance

No matter what finance product you choose, it’s comforting to know that your dedicated Business Manager will be available for the entire life of your loan or lease to answer any questions you may have. Just pick up the phone and call us. You can also update your payment arrangements or change your personal details at any time by putting through an online request.

At the end of your finance term

Depending on the finance option you choose, you have plenty of choices when your finance ends — from taking full ownership of your ŠKODA, to upgrading to the latest model.

Purchase Agreement


Personal Loans - Upgrading

If you’d prefer to upgrade to the latest ŠKODA, we can organise a trade in — or you can just visit to your local dealer for a great deal. While you’re there, you can also ask your Business Manager to set up another finance solution for you, tailored to your lifestyle and budget.

Keeping your ŠKODA

Personal Loans - Keeping your ŠKODA

If, like many ŠKODA drivers, you’ve grown attached to your ŠKODA vehicle, you can keep it. Just make the final balloon payment and it’s all yours. Alternatively, you can refinance to cover your balloon payment.

Selling your ŠKODA

Personal Loans - Selling your ŠKODA

You also have the option to sell your vehicle and put the proceeds towards paying your balloon payment.

Purchase Agreement


Hire Purchase Agreements - Upgrading

Once you’ve driven a ŠKODA, you probably won’t want to drive anything else — except the latest model ŠKODA! Talk to your dealer to arrange to trade in or return your vehicle, and we’ll also assist with a new finance solution.

Keeping your ŠKODA

Hire Purchase Agreements - Keeping your ŠKODA

If you’ve grown attached to your ŠKODA vehicle, simply pay the balloon payment at the end of your term and it’s all yours to keep. We can even help you pay your final payment with refinancing.

Selling your ŠKODA

Hire Purchase Agreements - Selling your ŠKODA

You also have the option to sell your vehicle and put the proceeds towards paying your balloon payment.


Return and upgrade

Novated Lease - Return and upgrade

Once your Lease is finished, you have the choice of upgrading to the latest model ŠKODA. Simply return your current ŠKODA to your dealer, and talk to us about taking out a new lease.

Keep your ŠKODA

Novated Lease - Keep your ŠKODA

Don’t want to let go of your ŠKODA? We understand - just ask us about our refinancing options.