Lennock Škoda

Škoda Choice

At ŠKODA, all of our products are full of forward thinking features. ŠKODA Choice^ is a flexible finance solution that lets you safeguard the future value of your car, so you can spend less time worrying, and more time enjoying your new ride. Just how it should be.

ŠKODA Choice: Simply Clever Steps

1. Choose Your Škoda
Use our handy car configurator to build your dream ŠKODA from the ground up.

2. Choose your terms
Set your own pace by selecting the term, deposit and yearly kilometre limit that suits you.

3. Choose from 3 end of term options
You can select to retain, return or trade-in your ŠKODA at the end of your ŠKODA Choice contract term. The choice is yours.

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Trade In

If you wish to trade-in your ŠKODA for a new vehicle, all you need to do is return it to the dealership. If the trade-in value is higher than the Guaranteed Future Value^, you can use this equity towards your new vehicle.

Retain

If you can’t imagine parting with your ŠKODA, you can purchase it outright for the Guaranteed Future Value amount locked in at the start of the contract^. 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, all you need to do is hand your car back to your ŠKODA dealership. And, if the vehicle meets the agreed kilometre and fair wear and tear requirements^, (as outlined in our Fair Wear and Tear Guide) you’ll have no more to pay.

Maintaining your Škoda

To protect your Guaranteed Future Value^, your ŠKODA must be in an acceptable condition when you return it to us, and be within your nominated kilometre limit. To learn more, see our Fair Wear and Tear Guide.

Fair Wear and Tear Guide

Finance Enquiry

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^ŠKODA Choice consists of an option to return your vehicle to ŠKODA Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence 389344, at the end of the term and requires SFS to purchase the vehicle at an agreed price determined by SFS, known as the Guaranteed Future Value (GFV). At the end of the term, you can elect to: (1) trade-in; (2) return; or (3) retain the vehicle by paying the GFV, which is a lump sum 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 if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition.(if not for specific vehicle advertised): Available on new and demonstrator ŠKODA vehicles for selected models. Contact your nearest ŠKODA dealer to verify eligible vehicles for this program. Fleet, government, rental buyers, hire car and chauffeur companies excluded