SKODA : FINANCE OFFERS AVAILABLE ACROSS THE ŠKODA RANGE

Finance Offers available across the Škoda range

ŠkodaAuto News Release

FOR IMMEDIATE RELEASE PR/July2009/09 28 July 2009

Finance Offers available across the Škoda range

0% hire-purchase available on Fabia and Octavia models No-VAT continues on Fabia, Roomster and Octavia Superb customers receive free servicing for three years or 30,000 miles

Škoda is introducing a new range of finance products on its popular Fabia and Octavia model ranges.  With effect from 28 July through 31 December 2009, these offers are a longer-term proposition from the manufacturer of happy drivers, rather than short-term headline offers. 

The finance on offer now includes:

0% APR hire-purchase on a two-year hire purchase contract*; Three year hire purchase with APR's as low as 4.3%*; Four year hire purchase with APR's as low as 6.9%*; The current 7.9% APR Solutions package continues**. 

The 0% APR hire-purchase offer means that qualifying customers can drive away in a new Fabia 1 from £149/month or a new Octavia S from £229/ month with no interest to pay.

In addition, the current VAT-free offer will continue to apply to Fabia, Octavia and Roomster, meaning that Škoda customers save twice.  Buyers of Škoda's flagship Superb model can take advantage of Škoda's VAT-free offer and receive free servicing for three years or 30,000 miles.

As Jacqui Rowley, Škoda Finance Manager, explains: 'As the government has highlighted over the past few days, it has been very difficult for customers to source affordable finance for their new car purchases through the high street banks.  Customers are often surprised to discover how high interest rates can be these days.

'However, Škoda customers can benefit from extremely competitive finance products that meet a wide range of customers' needs, from zero percent APR with a 50% deposit to 7.9% APR.

'What's more, all of our finance offers are in addition to free-VAT offer that is available on Fabia, Roomster and Octavia.  On their own, the offers are good value.  In combination, they are an exceptional proposition for Škoda customers, especially for anyone who does not have a car eligible to participate in the UK scrappage programme.'

-Ends-

Editors' Notes All the offers listed here apply to non-scrappage customers only.

*Hire Purchase finance examples (28th July 2009 - 31st December 2009):

0% HP 2 years, 50% min deposit:

Model

Fabia 1 1.2 60HP

Octavia 1.4 TSI S

On the road retail cash price

£7,581.52

£11,168.04

Customer deposit

£4,005.52

£5,672.04

24 monthly payments of

£149.00

£229.00

Amount of credit

£3,576.00

£5,496.00

Total amount payable

£7,581.52

£11,168.04

 APR

0% APR

0% APR

Three year, 1.5% Flat rate HP, 10% min deposit (£100 doc fee):

Model

Fabia

Octavia 1.4 TSI S

On the road retail cash price

£7,581.52

£11,168.04

Customer deposit

£1,415.01

£2,245.55

36 monthly payments of

£179.00

£259.00

Amount of credit

£6,166.51

£8,922.49

Total amount payable

£8,044.01

£11,754.55

 APR

4.9% APR

4.3% APR

Four-year, 3% Flat rate HP, 10% min deposit (£100 doc fee):

Model

Fabia

Octavia 1.4 TSI S

On the road retail cash price

£7,581.52

£11,168.04

Customer deposit

£767.23

£2,639.47

48 monthly payments of

£159.00

£199.00

Amount of credit

£6,814.29

£8,528.57

Total amount payable

£8,584.23

£12,376.47

 APR

7.2% APR

6.9% APR

**  Available to qualifying customers on all Fabia, Roomster, Octavia and Superb models, as follows:

7.9% APR typical Solutions contract - three-year contract, minimum deposit of one monthly payment. Superb customers also eligible for free servicing for three years or 30,000 miles.

No-VAT offer applies to all Fabia, Roomster and Octavia models.

Škoda is the Manufacturer of Happy Drivers:

Škoda has been in the Top Five in the JD Power Survey of Customer Satisfaction for the past 14 years. Škoda is the Best Manufacturer in the 2009 Auto Express Driver Power survey. The Škoda Superb is Caravan Club's 'Towcar of the Year 2008'.

For more information visit www.Skodapress.co.uk or call: Catherine Sleigh, Head of Press and PR, 01908 548 042 / 07710 331 389 Helen Bainbridge, Media Relations Manager, 01908 548 060 / 07984 128 800

PR/JUL2009/08 This news release (and illustration) is issued in accordance with Clause 1.2j of the British Codes of Advertising and Sales Promotion and therefore cannot be the subject of a transaction of any kind.

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