Skoda Zero Percent SUV Event

[Michael-9ztgi]

Hello all..

Just noticed this on the Skoda website.. Considering interest rates etc this is a great deal... or is it..??

https://www.skoda.co.uk/finance/new-car-deals

Terms:
- With Solutions Personal Contract Plan
- Minimum 30% deposit
- Maximum term 36 months
- Ordered by 30/11/2022. Delivered by 30/06/2023

[J1990]

I guess that depends on two main factors 1) Are the prices of the vehicles competitive against rivals? 2) Do you have 30-45% deposit that the finance calculator suggests is required?

[Ratae]

The 0% is just replacing any kind of discount or dealer finance contribution, no such thing as a free lunch

[Dimebars]

Ratae said:

The 0% is just replacing any kind of discount or dealer finance contribution, no such thing as a free lunch

This

You're unlikely to get a whacking great discount/deposit contribution on top of 0% finance

[Michael-9ztgi]

Dimebars said:

Ratae said:

The 0% is just replacing any kind of discount or dealer finance contribution, no such thing as a free lunch

This

You're unlikely to get a whacking great discount/deposit contribution on top of 0% finance

Yeah, you are correct - I got the following back from the dealer:

SKODA are running a November SUV Event between 11 to 30 November 2022, there are two offers available on the KODIAQ:-

1) 9.9% APR PCP with an enhanced £3,500 manufacturer finance deposit contribution. £0 minimum deposit required to a maximum of 50% and a maximum 49 month repayment term.

2) 0% APR PCP with £0 manufacturer finance deposit contribution. 30% minimum required deposit to a maximum if 50% and a maximum 36 month repayment term.

You can also add a 2 year / 20,000 mile service plan to either offer for £199.

Both offers are available on new KODIAQ models ordered from 11 to 30 November.

[Spy]

My father just ordered one in the 0% SUV event.
He got the 0% and a decent discount ~£2k on the car. Overall a good deal.
He was going to buy for cash but this deal meant he can invest the bulk of the money over the next 3 years until the lump sum is due.