0% PCP now 2.9%

[SurreyJohn]

Looks like Skoda UK has changed its offer for April-June

0% PCP has become 2.9%

Deposit contribution has grown to £1500

Now also get first 2 services free

http://www.skoda.co.uk/finance/finance-offers/default/

[RickW]

May work out more or less the same with the £2000 towards the deposit?

Edited 1 April, 2016 by RickW

[daveface]

My dealer said that the rate might be changing when I picked my car up last week! Didn't expect it to be so soon though!

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[WheelyBean]

I ordered on 19th March and the dealer said finance offers usually change every quarter so if this one had been better I could have cancelled and moved onto this new finance deal instead. I will be better off on the old deal though so I'm staying put. 

Build week 16 hoping for delivery mid May. Excited!  

[threadbear]

2.9% and £1500 depsoit contribution is still better than what Volkswagen is charging for their PCP deals. Last time I looked on a Polo it was £1250 and 6.7%.

[jlwah]

2.9% and £1500 depsoit contribution is still better than what Volkswagen is charging for their PCP deals. Last time I looked on a Polo it was £1250 and 6.7%.

VW Polo is £1400 deposit contribution (except S and Match) and 6.6% APR.

 

Fabia is £1500 deposit contribution and 2.9% APR, but also first two services free.

[SurreyJohn]

I have noticed the 0% is still available with HP, but you need 30% deposit.

What sort of discount can you get ?

Clearly with the PCP offering £1500 off and 2 services and available into the 4th year, trying to work out how competitive the HP deal is as I intend to keep car long term (and will be saving as it will always get the low road tax) unlike any car first registered after Apr next year.

[vc-10]

Best bet is to see if any of your local dealers will match a broker's price, or use CarWow. And then run the numbers. You may find you can get an ISA or something that would pay back something close to the 2.9%, so that 30% deposit could sit in the bank getting you interest while you also get the 1500 deposit contribution and free servicing. As with all big purchases- run the numbers, get the information, and go in prepared knowing all you possibly can.

[alltorque]

VW Polo is £1400 deposit contribution (except S and Match) and 6.6% APR.

 

Fabia is £1500 deposit contribution and 2.9% APR, but also first two services free.

If I were buying a VW I think I would take the finance offer and contribution, pay the first month's instalment, organise a bank loan at 3.5% and pay off the VW finance. Presuming no nasty penalty for early settlement. Just been offered a 3.5% loan so not wishful thinking.

[bunnydrumming]

I was going to buy my Fabia estate on PCP in March but the council I worked for was announcing a salary sacrifice scheme on 1st April so I ended up waiting to see what that was before I committed. It turned out the salary sacrifice scheme wasn't worth waiting for (absolutely pants !) but waiting worked out well for me because the deal now included a couple of services and the £1500 contribution covered the £1018 APR costs. I also looked at leasing but it all worked out very similar financially so stuck with PCP. Can't wait for my new car to arrive at the end of June

[RickW]

Which model and colour have you chosen?

[bunnydrumming]

I've gone for the estate SE L. I currently have Greenline fabia which I love (my first Skoda) but the estate will allow me to fit my golf clubs in the boot. I've gone for the standard blue as I quite like it and not spending money on the outside colour meant I could justify spending more money inside. Heated seats, piano white inserts and blue seats, variable boot floor and voice control will all make my 6.30am commute slightly more enjoyable!

[RickW]

Sounds good! Post a pic when you get it (the car not you ).