Personal Finance
Personal finance options to put a Škoda in your driveway*
Škoda vehicle finance options are adaptable, feature-packed and as attractive as our good-looking Škoda range. We know you’d like a Škoda in the driveway as soon as possible, so our personal finance solutions are simple to apply for and even easier to tailor to your situation.
We offer consumer loans that help you own your Škoda outright, as well as flexibility with Škoda Choice³² finance, where you can return, retain or trade-in and upgrade your Škoda for a previously agreed value at the loan’s end. We also have vehicle lease options.
Now, that’s clever thinking.
Our preferred Škoda dealers all have Business Managers happy to discuss finance options with you. Drop in to your nearest dealer for a chat.
Find a dealer here
Is Škoda finance right for you?
The Target Market Determination (TMD) document sets out exactly who our vehicle finance options are appropriate for (the target market), and any conditions on how we distribute those finance products to customers. Please read the TMD document here to confirm if a particular finance product is suitable for your financial situation.
Visit the Target Market Determinations page to see if Škoda finance is right for you.
Consumer Loan*
Our Consumer Loan is like a personal loan but secured against the vehicle you buy. That means approved customers can get 100% finance, with the option of nothing to pay upfront (you can still pay a deposit and borrow less if you prefer.). You get to choose your loan term and repayment frequency, as well as accessing our fixed interest rates.
Novated Lease
A Novated Lease is an agreement between you, your employer and Škoda Financial Services. Instead of buying a vehicle, you lease it from us, and your employer makes payments from your pre-tax income for an agreed length of time. It could save you thousands compared to buying a vehicle after tax.
Škoda Choice
Škoda Choice³² is our Guaranteed Future Value program that lets you safeguard the future minimum value of your car. At the end of the loan term, you have the option to trade in and upgrade your Škoda, retain your vehicle and own it outright by paying the balance of the previously agreed price, or return it to us with no more to pay.³²
The benefits of choosing Škoda finance
Choose your loan term
You can choose a loan term from one to seven years, depending on the finance option. You can also reduce your regular repayments by paying a deposit upfront or adding a balloon payment at the end of your loan term.
Choose your repayment frequency
Budgeting is easier because you can choose a repayment frequency — weekly, fortnightly or monthly — that matches your pay cycle. You can make payments by BPAY or direct debit. And with the security of a fixed interest rate, and no hidden account-keeping fees, you can stick to your finance plan.
Bundle on-road costs into your repayments
Bundle on-road costs, including servicing, insurance and registration, into your regular repayments. That way you can budget for these expenses throughout the year.
Insurance designed for you
Škoda Insurance cover is designed with Škoda drivers in mind. It includes new for old replacement on vehicles less than three years old, genuine replacement parts, and you can pay in instalments at no extra cost. Now, that’s clever thinking.
Any questions?
Check our FAQs or contact our Finance Customer Support team for more help.