Great Yeti
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Great Yeti's post in PCH / PCP - Advice / Experience? was marked as the answerWOW……….
First! A BIG thanks to all who have responded and the time you have taken in formulating your replies and taking the time to reply.
What an amazing amount of information, and that together with the experience of some participants in this post gives us (swMbo & I) great confidence in going forward and making a decision.
After trawling the internet in search of information and taking all of your comments on-board. We have decided that PCH is the way for us and will probably be signing up for a “deal” in the next few days.
If you will allow, I shall sum up some of your comments:
Differing price between PCH & PCP: A big difference! In our case, a massive increase in the cost for PCP. The decision is a no brainer really and handing back at the end of two years really leaves me free to do what I [we] want.
V5 Document: Yes, it is retained by, and in the name of, the lease provider [Škoda finance]. Standard industry practise for Personal Contract Hire (Lease).
Vehicle Insurance: Whilst insurance was not mentioned in the “post”. I did contact my insurer and the reply was, “It’s just a standard lease agreement – No Problem, no increase in premium” and that not being the registered keeper did not present any problem whatsoever
Motoring Fines etc: The lease provider [Škoda Finance] are legally obliged to pass on the details of the lessee [me] to the police etc, and would forward the relevant documentation to me for action. It would appear that ONLY if they, as the lease provider somehow eventually have to pay any fines that incur would there be any “admin charge”. One of the sales team who has a vehicle on PCH had recently had a parking fine and that Škoda took no action other than forwarding the paperwork to him, and he had no charges to pay other than the fine itself.
Holidaying abroad: No problem, just need to notify them and have the relevant insurance that covers you abroad etc.
Damage to vehicle: Again, not really a problem. Just need to ensure that any damage is repaired prior to handing back the vehicle. The Link to the BVRLA document was most enlightening and this is the standard that Škoda adhere to. The comment about having “Smart” repairs done was, in my opinion, a very worth while one and one I shall definitely bear in mind. Though in the event that anything, other than a minor dink / scratch etc, will be done via the main dealer, then if, there is any problem over the repair, I would let Škoda fight it out amongst themselves!
In conclusion, we are most grateful to all who have replied and contributed their time, knowledge and experience to this plea for help! It never fails to surprise me [us] what an amazing bunch of people we have here at Briskoda and the lengths they will go to to help others……………Take a bow folks :clap:
………..Tony
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Great Yeti's post in Model Variant advice was marked as the answerHi - Try this LINK An excellent way to find out a lot about your Yeti including the model year. You will find it and a lot more in the Skoda Yeti Technical Guides section LINK
Hope it helps..........Tony