What is Lease Purchase?

Lease Purchase

What benefits does Lease Purchase offer me?

What is Lease Purchase?

Lease Purchase gives you the chance to finance your ŠKODA with lower monthly payments by deferring an agreed amount until the end of your contract.

Lease Purchase

How much do I pay and when?

Once you have chosen your ŠKODA model

Your payment period

Choose between 18 and 48 months

Mileage per year

Choose how many miles you expect to drive each year. This will affect both your monthly payments and final ‘balloon’ repayment.

Final repayment

Agree an amount to defer until the end of the agreement. Contact your local retailer if you would like a Hire Purchase finance calculation.

Get a quote

What benefits does Lease Purchase offer me?

Long-term ownership

Lease Purchase is great if you’re seeking long-term ownership whilst looking to reduce your monthly payments by deferring an agreed amount to the end of your agreement

Low deposit

Deposits can be as little as one monthly repayment.

Company Info

Company Information

Ingram Motoring Group Limited, 2 Wheatpark Place, Heathfield Road, Ayr, Ayrshire, KA8 9RT

Reg Office: 37 Portland Road, Kilmarnock, KA1 2DJ

Reg. Company Number: SC055121

VAT Reg. No. GB 264 9333 40

Ingram Motoring Group Ltd is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Ingram Motoring Group Ltd to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.

We can introduce you to a selected panel of lenders, which includes Volkswagen Financial Services. An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you first to Volkswagen Financial Services, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next best offer of finance for you. Our aim is to secure the best deal you are eligible for from our panel of lenders. Lenders may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions, and Volkswagen Financial Services also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.