Took delivery of new Yeti in July, was going to get 1st year and 2nd year services done at Skoda dealer despite being fully qualified to carry these out myself. I wasn't going to chance any potential warranty arguments like 'you haven't had it serviced by us'.

Before taking up the finance deal which gave 3 years 'free' servicing I worked it out that 3 services would have cost around £600, so decided to take it out and settle after 3 months which still entitles me to the servicing.

The finance costs were £364.79 so I am better off, however it may have taken a bit more time and effort during the purchase and settlement documents which makes it questionable.

Of course, if I had serviced it myself, I would have had to purchase parts so would have had to take that into account too.

I thought this may help others to make up their minds on 'free servicing' offers by Skoda or other manufacturers.

You can cancel the finance next day and pay 'pence' charges and keep the free servicing....

that's what the Dealer told me not long ago.

You can cancel the finance next day and pay 'pence' charges and keep the free servicing....

that's what the Dealer told me not long ago.

 

I was informed when we picked ours up 3 weeks ago that Skoda have now altered this and you must wait 3 months before you are allowed to cancel your finance .

Suppose it was too good a bargin to last and obviously Skoda were not making a great amount out of it.

At 0% interest it makes no commercial sense to pay off early. You may as well keep your money invested at 3% for the 3 year duration....or am I missing something here?

 

Of course, if you had to pay more than the current 0% offer then - yes, a good idea, as long as you factor in any penalty interest charges for early repayment.

Took delivery of new Yeti in July, was going to get 1st year and 2nd year services done at Skoda dealer despite being fully qualified to carry these out myself. I wasn't going to chance any potential warranty arguments like 'you haven't had it serviced by us'.

Before taking up the finance deal which gave 3 years 'free' servicing I worked it out that 3 services would have cost around £600, so decided to take it out and settle after 3 months which still entitles me to the servicing.

The finance costs were £364.79 so I am better off, however it may have taken a bit more time and effort during the purchase and settlement documents which makes it questionable.

Of course, if I had serviced it myself, I would have had to purchase parts so would have had to take that into account too.

I thought this may help others to make up their minds on 'free servicing' offers by Skoda or other manufacturers.

The 0% interest wasn't available then. We were told 3 monthly payments were required to qualify for free servicing.

So now at the 0% offer/free servicing, no need or benefit by paying off early then?

At 0% interest it makes no commercial sense to pay off early. You may as well keep your money invested at 3% for the 3 year duration....or am I missing something here?

 

Of course, if you had to pay more than the current 0% offer then - yes, a good idea, as long as you factor in any penalty interest charges for early repayment.

 

Was the 0% interest available in July when awfabia took delivery ?

The 0% interest wasn't available then. We were told 3 monthly payments were required to qualify for free servicing.

Was the 0% interest available in July when awfabia took delivery ?

 

Errr....No!

Was the 0% interest available in July when awfabia took delivery ?

 

Errr....No!

 

My typing fingers won't keep up with my thoughts!

My typing fingers won't keep up with my thoughts!

Don't worry...I do it all the time.

Told that I couldn't have both free servicing AND 0% finance at that time. Skoda obviously can't give it away with BOTH hands.

I was informed when we picked ours up 3 weeks ago that Skoda have now altered this and you must wait 3 months before you are allowed to cancel your finance .

Suppose it was too good a bargin to last and obviously Skoda were not making a great amount out of it.

If it's simply verbally advised or inferred its because they lose comission on the finance package, so of course they dont want you to.

 

Unless its clearly stated in your written VWFS contract, then you can settle the next day and keep your servicing deal 

Skoda obviously can't give it away with BOTH hands.

They do now though.

 

 

Unless its clearly stated in your written VWFS contract, then you can settle the next day and keep your servicing deal 

That is true because I paid off a VW PCP after 1 month without any problems.

They do now though.

In a sense, yes - but taking the 0% finance will reduce any discount you negotiate with the dealer by several % because the dealers are funding part or all of this deal.

In a sense, yes - but taking the 0% finance will reduce any discount you negotiate with the dealer by several % because the dealers are funding part or all of this deal.

I realise that, but the inference was that Skoda can't do both (post #11 - both hands) ie; 0% and free servicing -  discounts were not mentioned.