Explore your Škoda finance options

Acceptance is not guaranteed. The lender will assess your application using its eligibility, affordability and credit criteria. Any offer will depend on that assessment and the terms available to you. Our team can explain the application process before you decide to proceed.

A previous credit problem does not automatically determine the outcome of an application. Lenders consider your circumstances alongside your credit history and ability to afford the repayments. Approval is not guaranteed, and the rates and terms offered may vary. Speak to our team about the options available before making an application.

APR stands for Annual Percentage Rate. It expresses the cost of borrowing as a yearly percentage, taking account of interest and the charges that must be included in the calculation. It helps you compare similar credit agreements over the same term. Not every possible charge is included, so also check the total amount payable and the terms of your quotation.

A soft search, sometimes used for an eligibility check, does not affect your credit score. A hard search is normally carried out when you make a formal finance application. It is recorded on your credit report and may affect your score.

Ask which type of search will be carried out before proceeding. An eligibility indication is not a guarantee that a full application will be accepted.

Contact your finance provider as soon as possible to explain your circumstances and discuss the support available. The options will depend on your situation and agreement.

If your agreement is with Volkswagen Financial Services, visit its financial help page . If you use another provider, contact that lender using the details on your agreement.

MoneyHelper offers free, impartial money guidance. Organisations such as StepChange, National Debtline and Citizens Advice can help with debt and money concerns. You can find their details in our help and support section .

Our Preston and Colne teams can also explain the finance products we offer and help you understand your quotation. We do not provide independent financial advice.

Finance may be available on eligible used vehicles as well as new cars. Available products and terms can depend on the vehicle’s age, mileage and price, the lender’s criteria and your circumstances. Our team can confirm the options for the car you choose.

Factors can include the vehicle price, your deposit or initial rental, agreement length, interest and fees, and any final payment. Annual mileage also affects products such as PCP and Contract Hire. Compare the total amount payable as well as the monthly payment when considering a quotation.

You may be able to use the value of a part-exchange towards your next car. If it has outstanding finance, this must be settled. Any amount remaining after settlement may be available towards your deposit. If the settlement is higher than the car’s value, there is a shortfall to address. Our team can explain the figures before you decide.

For agreements such as PCP and Hire Purchase, ask your lender for an early settlement figure. This confirms the amount required to clear the finance and any applicable charges. Ending Contract Hire early is different from settling a purchase agreement and may involve an early termination charge. Contact your provider for the options under your particular agreement.

PCP and Contract Hire agreements include an agreed mileage allowance. Excess mileage charges may apply when you return the vehicle, so choose an allowance that reflects your expected driving. Standard Hire Purchase does not have an agreed annual mileage limit. Check your quotation and agreement for the terms that apply.

If your agreement is with Škoda Financial Services, visit the Škoda Finance portal to access the online services available for your agreement. If you use another lender, contact that provider directly using the details on your agreement.