Hi!

I'm off to see a dealer next week about getting a new VRS!

In the mean time, can anyone let me know what the final payment figure at the end of 3 years is for a VRS on PCP?

I can't find anything on Skoda's website unlike many other sites.

Thanks

I think its about £5,500

Picked ours up a week ago and ours is £6,600 based on 10k per annum , vrs estate in white std spec.

It depends on how much you put down as a first payment or trade in, how many miles you say you will do per year also makes a difference, pay more per month and you will pay less at the end, pay more as a first payment you will also pay less at the end.

BUT if you pay the minimum, claim to do low mileage and the go back in three years you will owe more than the car is worth and will have to make the final payment losing the option to hand it back and walk away or trade it in (you could do this but would have to put more cash in)

The mileage and spec should only change the residual amount , you can still hand the car back but will have an excess mileage charge if your over the stated mileage.

They were doing 3 years servicing when purchased with vag finance , but that was in sept so this quarters offers may be differant.

It depends on how much you put down as a first payment or trade in, how many miles you say you will do per year also makes a difference, pay more per month and you will pay less at the end, pay more as a first payment you will also pay less at the end.

BUT if you pay the minimum, claim to do low mileage and the go back in three years you will owe more than the car is worth and will have to make the final payment losing the option to hand it back and walk away or trade it in (you could do this but would have to put more cash in)

Not true. The MGFV (final lump sum)is not affected by the size of the initial deposit, only the length of term and agreed mileage.

As long as you stay within the contracted mileage limit for your agreement it doesn't matter a jot what the car us worth you can still walk away and owe nothing. Hence the term minimum guaranteed future value. Protects you from negative equity. If the car is worth more than the mgfv you can use the difference towards another car, but if it's less then not a problemo :-)

Not true. The MGFV (final lump sum)is not affected by the size of the initial deposit, only the length of term and agreed mileage.

As long as you stay within the contracted mileage limit for your agreement it doesn't matter a jot what the car us worth you can still walk away and owe nothing. Hence the term minimum guaranteed future value. Protects you from negative equity. If the car is worth more than the mgfv you can use the difference towards another car, but if it's less then not a problemo :-)

I see, I stand corrected, thanks