The advantage of a Consumer Lease is that it enables you to structure the contract by selecting a term and you agree a suitable residual value with us, this allows you to tailor your monthly payments to suit your budget. Residual value risk is carried by you.
And because the payments are fixed and known in advance, you have firm control over your vehicle budget.
After the lease period is over, the vehicle is returned to us. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
ŠKODA Finance offers both Fully Maintained and Non Maintained Operating Lease options on new and selected demonstrator ŠKODA vehicles. An Operating Lease can best be described as a long-term rental arrangement based on a term and specified kilometre allowance.
An Operating Lease allows you to easily budget your vehicle expenses, and your monthly rentals are fixed over the term of the lease. The Fully Maintained option makes forward planning a lot easier for you, as the monthly rentals include scheduled servicing, annual registrations, and warrants of fitness, with options to include replacement tyres and puncture repairs.
All Operating Lease vehicles come with the peace of mind of ŠKODA Roadside Assistance (24 hour roadside assistance) All servicing is conducted by professional ŠKODA trained technicians using genuine ŠKODA parts.
The Non Maintained option allows you to take care of the service and maintenance costs as and when they occur, rather than having them included in your monthly rental.
Under an Operating Lease the vehicle is treated as an off balance sheet expense so frees up your working capital. After the lease period is over, the vehicle is returned to us.
You then have the option to take out a new lease and upgrade your vehicle to the latest model.
Further information can be obtained relating to these products along with their relevant fees & charges by clicking on the following link.
ŠKODA Finance is an operating division of European Financial Services Limited
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