The choice is yours
Plan ahead with Škoda Choice, the finance program that sets an agreed minimum value for your eligible vehicle at the end of your loan. You can then trade in, retain or return your Škoda, subject to your contract’s conditions.
At Alto Škoda North Shore, our team can explain the repayments, final payment and return requirements so you understand each option before applying.
Target Market Determinations
A Target Market Determination (TMD) explains the types of customers a finance product is designed for and the conditions on its distribution. Read it alongside the product’s terms when considering your options. It does not replace an assessment of your individual circumstances.
For more information visit the Target Market Determinations page
1. Choose your Škoda
Find a Škoda that suits your driving needs. Use the car configurator to compare your preferences, then ask our team to confirm vehicle eligibility.
2. Choose your terms
Select an available term of 12, 24, 36, 48 or 60 months, together with a kilometre allowance and repayment arrangement that reflect your expected use.
3. Choose your end-of-term option
When your agreement ends, decide to trade in, retain or return your vehicle. Our team can explain the steps and payment obligations for each option.
Choose your option at the end of the term
Trade In
Ready for another vehicle? Have your Škoda appraised for a trade-in. Any equity remaining after your outstanding finance is settled can contribute towards your next purchase. Our team can explain the valuation and settlement process.
Retain
Keep your Škoda by paying the final Guaranteed Future Value amount and any other outstanding amounts under your contract. You can also ask about refinancing the final payment, subject to a new credit assessment and approval.
Return
Return your Škoda at the end of the term, with the agreed value applied towards your final payment. Kilometre and condition requirements apply, and you remain responsible for any contract shortfall or additional charges.
Maintaining your Škoda
Your vehicle’s condition and kilometres matter when returning it under the Guaranteed Future Value program. Read the Fair Wear and Tear Guide early so you understand the acceptable condition requirements.
Excess kilometres or damage outside the permitted standards can result in additional charges. Check your contract for the applicable amounts and speak with our team if you have questions before returning your vehicle.
Fair Wear and Tear Guide
pdf (1.5 MB)
Enquire Now
To get a no obligation, competitive finance and insurance quote, please contact us on 02 8817 4499 or email us using the form below:
³²Škoda Choice has a Guaranteed Future Value (GFV) which is the minimum value of your vehicle at the end of your finance contract as determined by Škoda Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence 389 344. If you decide to return your vehicle to SFS at the end of your term, SFS will pay you the agreed GFV, which will be put against your final payment subject to fair wear and tear conditions and agreed kilometres being met. At the end of your term, you can elect to (1) trade-in; (2) return; or (3) retain the vehicle by paying the GFV 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 apply if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition. Available on new, demonstrator or Certified Pre-Owned vehicles for selected Škoda models. Contact your nearest Škoda dealer to check eligible vehicles for this program. To see if this product is right for you, please see our Target Market Determination on our website and/or seek independent advice. *Subject to a credit assessment and SFS lending criteria. Fleet, government, rental buyers, hire car and chauffeur companies excluded.
Škoda Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence 389344. View the Target Market Determination for our Financial Services products here.