• Progress ŠKODA Bedford: 01234 794 071
  • Progress ŠKODA Letchworth: 01462 754 733
  • Progress ŠKODA Northampton: 01604 268 164
  • Progress ŠKODA Kettering: 01536 388 157
  • Progress ŠKODA Harlow: 01279 271 319

Progress Business and Fleet

Every business is different and dependant on the individual circumstances we have a range of finance plans some of which are more suitable to business use compared to those used by a private individual customer.

So it's important to choose the right option for acquiring your car or fleet. Otherwise you could find it seriously affecting your bottom line.

  • Contract Hire
  • Finance Lease
  • Lease Purchase
  • Business Offers
  • Contract Hire Explained

    ŠKODA Financial Services has produced a new animated video that gives a clear, engaging explanation of how its contract hire product works.

    The video compliments the existing Solutions 'finance explained' film and features typical small business users in their working environments. A relaxed, informative commentary explains how the product works and the key features and benefits for customers.

     

     

    This could be right for your business if you'd prefer to hire rather than own cars. It's simply an agreement where a rental is paid in return for the vehicle over one, two, three or four years. This means you don’t have the hassle of selling the car later on, or the worry about how much it'll be worth. It could be better still if your business is VAT-registered, as a proportion of the rentals may be tax-deductible (putting a smile on the face of anyone in charge of business finance). There may be other tax advantages too, as contact hire is looked upon as an operating lease for current tax purposes, unlike a 'purchase' contract.

     

     

    Finance Lease

    Finance lease is a hire agreement which is specifically designed for businesses and it could be especially good if you're VAT-registered.

    You choose a hire agreement of between one and four years. When this ends, subject to meeting the terms of course, you can sell the vehicle on to a third party on ŠKODA Finance's behalf and you may get a rebate on the rentals.

    Being a lease, this is looked upon as different to a 'purchase contract' and could be better for you tax-wise. You can claim a proportion of all rentals as a business expense against taxable profits, the size of which depends on the price of the car you lease. Ask your financial or tax advisor to see if it applies to your business.

    Lease Purchase

    This is a cost-effective way for your business to own the car. The agreement can last from one to four years and lets you hold back part of the cost of the vehicle until the end. Then you could own it outright.

    Lease Purchase could be an even better option if your business isn't VAT-registered.

    ŠKODA Range Contract Hire Offers

    All contract hire offers are based on a 3 year, 30,000 mile agreement.

     

    Model

    6 + 35 PROFILE

    Initial Rental
    (Plus VAT)

    Monthly Rental
    (Plus VAT)

    Excess Mileage (Ex VAT)

    Citigo (5 Door) - Colour Edition 1.0 MPI

    £984.00 £164.00 3ppm

    Fabia Hatch - SE 1.0 MPI 75PS

    £978.00 £163.00 3ppm

    Rapid Spaceback Sport- SE 1.0 TSI 110PS

    £1,194.00 £199.00 3ppm
    Octavia Hatch - SE L 1.5 TSI 150PS £1,242.00 £207.00 6ppm

    Superb Estate - SE L Executive 2.0 TDI 150PS

    £1,494.00 £249.00 7ppm

    Kodiaq Sportline - (7 Seats) 2.0 TDI  4x4

    £2,202.00 £367.00 7ppm

    Karoq - SE L 1.5 TSI 150PS

    £1,590.00 £265.00 6ppm

    Please note

    * No ownership option.

    Contract Hire agreement.

    Business users only. Contract Hire agreement. Excess mileage and damage charges may apply. All Prices Exclude VAT. VAT payable at 20%. 18s+. Subject to status and availability. T&Cs apply. Ordered by 01/04/2019 from participating Retailers. Indemnities may be required. Not available in conjunction with any other offer and may be withdrawn at any time. Accurate at 12/2018. Freepost ŠKODA Financial Services.

    These vehicles are tested according to WLTP technical procedures. Figures shown are for comparability purposes. Please refer to and use the fuel consumption figures marked WLTP and the CO2 emissions figures marked NEDC equivalent for comparisons as from 1 January 2019. These are the official figures for the UK from 1 January 2019 and until further notice. Avoid making comparisons using the fuel consumption figures marked NEDC equivalent after 31 December 2018 or the CO2 emissions figures marked WLTP before 6 June 2020 – these figures are not official after/until that date and are provided for information only. Only compare fuel consumption and CO2 figures with other vehicles tested to the same technical procedures. Due to more realistic test conditions, the fuel consumption and CO2 emissions measured under the WLTP are in many cases higher compared to NEDC equivalent data. Figures may not reflect real life driving results, which will depend upon a number of factors including the accessories fitted (post-registration), variations in weather, driving styles and vehicle load. There is a new test used for fuel consumption and CO2 figures (known as WLTP). The NEDC CO2 figures shown however, are based on a calculation designed to be equivalent to the outgoing test cycle and will be used to calculate vehicle tax on first registration. Choice of wheels and other options may affect fuel consumption and emissions data. For more information, please see WLTP Info or contact your local ŠKODA Retailer.

What our customers say:

"I was treated as a person rather than just a source of profit. I feel I must add a note to your letter "

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