Fortunately, there are still some guarantees in life. Škoda Choice32 is our Guaranteed Future Value program – a flexible finance solution that provides you with the assurance of knowing exactly what the minimum value of your vehicle will be at the end of your loan term, and gives you the option to trade in, retain or return your vehicle. The choice really is yours.
Fortunately, there are Please read the Target Market Determinations (TMD) document for our Financial Services products. This document ‘Target Market Determination’ describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.
For more information visit the Target Market Determinations page.
Build your dream Škoda from the ground up using our handy car configurator.
Choose your preferred Guaranteed Future Value term of 12, 24, 36, 48 or 60 months, along with an annual kilometre allowance and repayment options.
You can choose to keep, return or upgrade your vehicle at the end of your Škoda Choice32± contract term.
If you want to trade-in your Škoda for a new vehicle, simply return it to the dealership. If the trade-in value is higher than the Guaranteed Future Value32, you can use this equity towards your new vehicle.
If you can’t imagine parting with your Škoda, you’ll have the option to purchase it outright for the Guaranteed Future Value amount locked in at the start of your contract32. Or you can choose to refinance your balloon at the end of the term. Speak to us about your refinancing options.
At the end of your contract term, you can choose to hand your car back to your Škoda dealership. And, if the vehicle meets the agreed kilometre allowance and fair wear and tear requirements32, you’ll have no more to pay.
While reasonable wear and tear is to be expected, in order to ensure the integrity of our Guaranteed Future Value Program your Škoda must be in an acceptable condition when you return it to us, and must not exceed the agreed kilometre limit.
As a result, your vehicle must meet the provisions set by your Škoda Financial Services contract. And, if you exceed your agreed kilometre allowance, it will reduce your Guaranteed Future Value. This won’t however affect your ability to trade in, retain or return your vehicle.
Fair Wear and Tear Guide
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Škoda Insurance cover is designed with Škoda drivers in mind. It includes new for old replacement on vehicles less than three years old, genuine replacement parts, and you can pay in instalments at no extra cost. Now, that’s clever thinking.
Check our FAQs or contact our Finance Customer Support team for more help.
