Manufacturer Finance deposit amount now higher

[33q]

I ordered a Karoq in May 2018 and at that time the Skoda deposit for PCP was £600

My car is now built and sitting at Emden waiting for a ship to Grimsby so I expect handover in about 3 to 4 weeks

I went onto to the Skoda site and I see the deposit allowance is now £1500

An increase of £900 is not insignificant

I have not signed the finance agreement as it has not been presented to me

How do I stand on this?

OK I know i have to talk to the dealer but has anyone come across this before.....and how did it turn out?

Edited by 33q on Saturday 22 September 11:15

[Butter Face]

Were you given any other discounts, offers etc?

If the deal is exactly the same bar the deposit contribution then the dealer may be able to resubmit your finance on the new offer and off you go. There's a lot of 'ifs' involved and yes, the best course of action is simply to call the dealer and ask.

[ZX10R NIN]

Give the dealer a call & find out if you're existing deal is still valid.

[Earthdweller]

I’ve had this happen to me before when the finance contribution has changed

When it has gone down they have honoured the deal agreed and when it went up I benefited with the increase

I think it’s fairly common on cars with long lead times that cross sales quarters

The cars I’m taking about are BMW but I doubt VAG finance is much different

[33q]

Earthdweller said:

I’ve had this happen to me before when the finance contribution has changed

When it has gone down they have honoured the deal agreed and when it went up I benefited with the increase

I think it’s fairly common on cars with long lead times that cross sales quarters

The cars I’m taking about are BMW but I doubt VAG finance is much different

Thank you. Hopefully I will be able to better things but real life experiences like yours gives me a bit more confidence

[mk2driver]

The £1500 may only be around until the end of the quarter so the end of this month to push sales so worthwhile calling your dealer this week