At the end of your agreement
Solutions - Once you have advised us that this is your chosen option, towards the end of your agreement we will contact our collection agents to contact you and arrange a convenient time to inspect and collect the vehicle. Please note that charges may apply. Click here for more information on How your PCP agreement works.
Contract Hire - We will contact you 4 months before the end of your contract to advise you that the agreement is coming to an end. Our collection agents will then contact you to arrange a convenient time to inspect and collect the vehicle. Click here for more information on How your Contract Hire agreement works.
I would like to keep my car but cannot afford to pay the final balloon amount, what are my options?
If you have a Solutions (PCP) or Lease Purchase finance agreement with us you may be able to spread the cost of the balloon. We can consider arranging this for you subject to your status and satisfactory payment history.
Should you wish to be considered for this option please contact us at least 4 months prior to the end of your agreement in order that we can advise you of the process, provide a quote and submit your details for an underwriting decision in a timely manner.
Part 9 of the V5 needs to be completed and returned to the DVLA. It will only need your signature not the collection agents and the details for the registered keeper will be ŠKODA Finance and our address can be found here.
Unfortunately we are unable to sell the vehicle to the agreement holder. However if you know of a third party interested in buying the vehicle, you can obtain a figure by going to the buying your vehicle section in Contract Hire.
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