What is Lease Purchase?
Lease Purchase gives you the opportunity to buy your Škoda with lower monthly payments. You do this by deferring an agreed amount until the end of your contract.
How much do I pay and when?
Once you’ve chosen your Škoda and decided on an initial payment, you have three decisions to make. Your choices will determine how much your monthly payments are:
You can choose any period between 18 and 48 months.
Select how many miles you expect to drive each year. Your agreed mileage will affect both your monthly payments and your final ‘balloon’ payment.
Agree an amount to defer until the end of the agreement. This is your ‘balloon’ repayment.
Lease Purchase: the benefits at a glance
Long-term ownership
Lease Purchase leads to you owning your Škoda 100%.
Low deposit
Your deposit can be as little as one monthly repayment.
Lower monthly payments
As you defer an agreed ‘balloon’ repayment until the end of the contract, your monthly payments are smaller.
