Would love for people to share what deals they have managed to get on new orders in terms of discounts and the pcp & pch deals. I know there is a £2k dealer contribution but trying to see what's out there.

Edited 19 July, 201510 yr by jamiemad

If you read the threads below already in this forum you'll get your answers:

 

http://www.briskoda.net/forums/topic/363550-discount/

http://www.briskoda.net/forums/topic/362207-dealer-prices-at-launch/

http://www.briskoda.net/forums/topic/362773-finance-options/

http://www.briskoda.net/forums/topic/364153-skoda-pcp-offer/

www.briskoda.net/forums/topic/363550-discount/

Thanks for that, I already read those but probably should have not used the word discount as I'm more interested in what finance deals people have managed to get out of the dealers.

Thanks for that, I already read those but probably should have not used the word discount as I'm more interested in what finance deals people have managed to get out of the dealers.

Me too.

Ridgeway in Oxford offering 2K deposit incentive on Superb III with a PCP over 36 months. Using the max 30% deposit, the (monthly payment + (balloon payment / 36)) amount was within £2 of the monthly payment over 24 months with 50% deposit and 0% finance using standard hire purchase. I'll own the car outright in 2 years rather than three, and no additional admin fees to pay. I'll have to lend myself the deposit somehow!

 

The dealership offered a further small incentive on top (this will be the third high end superb I've had from them).

Thank you for the post, I have seen PCH deals for se and s both very similar with £199 per month and about £1500 down over two years on 8k miles per year.

Yeah I'd seen the Simpsons one with 8k - £1350 down and £199, both inclusive of VAT. Doesn't look a bad gig tbh

Seems like a good deal to me although a few people who got the octavia vrs deal have had issues with their purchases. Would like an se l exec.

In what way?

I presume you mean what issues with Simpsons. See link for octy vrs thread http://www.briskoda.net/forums/topic/363767-simpsons-pch-deal/page-2#entry4320828

I'm not here to bash Simpsons or any other dealer just trying to get an idea of what deals are out there.

Edited 27 July, 201510 yr by jamiemad

Got one for my wife on PCH

£593 initial payment

£197 per month

24 months

8000 mile allowance

7.2p inc VAT per mile excess

SE Business 150 2.0TDI with metallic paint

Expected delivery November (aye, right!)

That's a good pch deal. gives me hope I can get an se l exec in my budget.

Updated Spec here ordering on 2nd August. 10% discount off the base price of the car before options, achieved after dealership matched another offer. 24 months 0% finance with 50% deposit. I'm sure I could have had a better discount from another dealership via carwow (one offered 12%), but this will be my third superb from the same dealership and I've had good service from them, so was pleased to keep the business there.

The deal I got is available here:

http://www.freedomcontracts.com/Skoda-Superb-New-Model-2.0-TDI-SE-Business-Edition-5Dr-Personal-Lease/668

Don't forget the £240 which they will request upon ordering/processing. The initial payment is not payable until delivery.

The deal I got is available here:

http://www.freedomcontracts.com/Skoda-Superb-New-Model-2.0-TDI-SE-Business-Edition-5Dr-Personal-Lease/668

Don't forget the £240 which they will request upon ordering/processing. The initial payment is not payable until delivery.

FYI you might not get that deal now - i just asked for a second quote, and with a space saver spare wheel they want £214pm (inc VAT) on a 3+23 

 

Fortunately I have another written quote (space saver + rear camera), 6+23 which was £191pm (essentially the advertised deal plus the cost of extras)

What does `3+23` and `6+23` mean?

3+ or 6+ refers to the amount of the initial payment. So a 3+ deal means that at the start of the contract you pay 3 months upfront. I believe they only had a few allocations at the cheaper price and I know when they link got posted on a thread on Pistonheads it will have meant quite a few folk will have snapped them up. It is best to keep the initial payment as low as possible as you wouldn't get it back if you have a total loss - even with GAP insurance. 

So, you pay 3 months up front, then nothing for 3 months, then start the monthly payments...is that how it works?

A 3+23 deal is a 2 year lease. You pay 3 months at the start then 23 monthly payments afterwards. Essentially you lose 2 month payments as a deposit.

You can increase the initial payment to 6,9 or 12 months which reduces the monthly payment, it's broadly the same cost over the life of the lease. However as said above its best to keep the initial payment to a minimum as if the lease needs to be cancelled (for example the car was stolen) you'd lose it.

By golly I think I've got it.

Many thanks.

I presume with PCH, you hand the car back at the end, and there is no option to keep it ?

I presume with PCH, you hand the car back at the end, and there is no option to keep it ?

It depends on the contract. With PCH you don't own it - you "lease" it.

You are usually given the opportunity to purchase the car outright at its residual value at the end of the "lease", return it, or get a new car on another PCH contract.

It depends on the contract. With PCH you don't own it - you "lease" it.

You are usually given the opportunity to purchase the car outright at its residual value at the end of the "lease", return it, or get a new car on another PCH contract.

the beauty of leasing, unlike PCP, is once the lease is up, there is no equity in the car so you are free to move elsewhere. with PCP you end up getting tied to the same provider (albeit this may be preferable if you want to buy it).

 

Worth noting many places often offer you the chance the extend the lease on the same terms (e.g for another 6/12 months) -  depends on the residual value of the car and your deal

Thanks for the info. Never bought a new car on finance so it's all new to me!

 

Thinking of a 150 SE L Estate 4x4, plus options. RRP is around £32k.

Plan on keeping it for 6-7 years.

 

Given the above, what do people think would be the best bet - Skoda PCP, PCH, or a lease ?

Pros / cons of each ?

Muddyboots,

 

Check this external site, it may answer many of your concerns. Unlike some sites offering PCP/PCH/HP etc, it lists the cons too.

 

Leasing a car - Money Advice Service