The choice is yours
Fortunately, there are still some guarantees in life. Škoda Choice32 is our Guaranteed Future Value program – a flexible finance solution that provides you with the assurance of knowing exactly what the minimum value of your vehicle will be at the end of your loan term, and gives you the option to trade in, retain or return your vehicle. The choice really is yours.
Target Market Determinations
Please read the Target Market Determinations (TMD) document for our Financial Services products. This document ‘Target Market Determination’ describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.
For more information visit the Target Market Determinations page
1. Choose your Škoda
Build your dream Škoda from the ground up using our handy car configurator.
2. Choose your terms
Choose your preferred Guaranteed Future Value term of 12, 24, 36, 48 or 60 months, along with an annual kilometre allowance and repayment options.
3. Choose your end of term option
You can choose to keep, return or upgrade your vehicle at the end of your Škoda Choice32± contract term.
Choose your option at the end of the term
Trade In
If you want to trade-in your Škoda for a new vehicle, simply return it to the dealership. If the trade-in value is higher than the Guaranteed Future Value32, you can use this equity towards your new vehicle.or.
Retain
If you can’t imagine parting with your Škoda, you’ll have the option to purchase it outright for the Guaranteed Future Value amount locked in at the start of your contract32. Or you can choose to refinance your balloon at the end of the term. Speak to us about your refinancing options.
Return
At the end of your contract term, you can choose to hand your car back to your Škoda dealership. And, if the vehicle meets the agreed kilometre allowance and fair wear and tear requirements32, (as outlined in our Fair Wear and Tear Guide) you’ll have no more to pay.
Maintaining your Škoda
While reasonable wear and tear is to be expected, in order to ensure the integrity of our Guaranteed Future Value Program your Škoda must be in an acceptable condition when you return it to us, and must not exceed the agreed kilometre limit.
As a result, your vehicle must meet the provisions set by your Škoda Financial Services contract. And, if you exceed your agreed kilometre allowance, it will reduce your Guaranteed Future Value. This won’t however affect your ability to trade in, retain or return your vehicle.
Fair Wear and Tear Guide
pdf (1.5 MB)
Enquire Now
To get a no obligation, competitive finance and insurance quote, please contact us on 02 9901 9600 or email us using the form below:
³²Škoda Choice has a Guaranteed Future Value (GFV) which is the minimum value of your vehicle at the end of your finance contract as determined by Škoda Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence 389 344. If you decide to return your vehicle to SFS at the end of your term, SFS will pay you the agreed GFV, which will be put against your final payment subject to fair wear and tear conditions and agreed kilometres being met. At the end of your term, you can elect to (1) trade-in; (2) return; or (3) retain the vehicle by paying the GFV owed to SFS at the end of the loan term after all repayments have been made. You will be liable for any loan contract deficit and additional charges apply if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition. Available on new, demonstrator or Certified Pre-Owned vehicles for selected Škoda models. Contact your nearest Škoda dealer to check eligible vehicles for this program. To see if this product is right for you, please see our Target Market Determination on our website and/or seek independent advice. *Subject to a credit assessment and SFS lending criteria. Fleet, government, rental buyers, hire car and chauffeur companies excluded.
Škoda Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence 389344. View the Target Market Determination for our Financial Services products here.