Finance Lease

About your agreement

Finance Lease is a flexible agreement where you don’t purchase your vehicle – you simply lease it.

How Finance Lease works

A Finance Lease is a rental agreement where you choose to either pay the entire cost over an agreed lease period, or, you can opt to pay lower monthly rental payments with a final rental payment at the end of the agreement. Please note Finance Lease customers do not have the option to own the vehicle at the end of the contract period, however they can receive a percentage of the payment following the sale of the vehicle (which can be up to 90%).

You select your vehicle, pay a deposit and chose the rental plan that best suits you.

The two different Finance Lease rental plans we offer are called:

Full Payout Lease - where the entire cost is paid over an agreed term with monthly rental payments (plus VAT). At the end of the agreement you receive 90% of the re-sale value.

Balloon Lease - allows cheaper monthly rental payments (plus VAT) but requires a lump sum to be paid as the final rental payment. Following the re-sale of the vehicle, you receive a payment, which reflects a percentage of the re-sale value.

Please note, the options at the end of these agreements are slightly different.


Finance leasing can make driving a new ŠKODA more affordable for some customers as it gives some of the benefits of driving a new vehicle, without some of the risks. Although you don’t own the vehicle you are leasing, you receive a percentage of its re-sale value once your agreement comes to an end.

At the end of the agreement

Depending on which Finance Lease agreement you choose, you will either give the vehicle back at the end of the agreement, or you will need to make a balloon payment to complete your agreement before returning the vehicle. After the vehicle has been returned, you receive a percentage of the re-sale proceeds of the vehicle.

More information about Finance Leasing:



This service is currently only available to Private Individual ŠKODA Finance customers