PCP, 0% HP and no VAT on koda

Czech brand koda, part of the Volkswagen Group, has announced it will continue its pay no VAT offer to the end of the year, as well as offering a range of hire purchase and PCP.

Czech brand koda, part of the Volkswagen Group, has announced it will continue its ‘pay no VAT’ offer to the end of the year, as well as offering a range of hire purchase and PCP.

The marque will be offering 0% HP on selected Fabia, Roomaster, Octavia and Superb ranges; 7.9% APR PCP, minimum one month’s payment as deposit, with up to three-years’ free servicing; and 7.9% APR HP, minimum 10% deposit, with between 24 and 48 months’ free servicing.

The ‘pay no VAT’ offer applies to all Fabia, Roomaster and Superb Hatch models, the Superb Estate petrol models, and Octavia models except the Scout, 4×4 and SE Connect.

koda is also offering to pay the first £500 of deposit on qualifying Octavia models.

The offers are run through koda Finance in conjunction with Volkswagen Financial Services.

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The brand itself has had a successful year so far in the UK, registering 41,522 units in the year to the end of September, a year-on-year rise of 14.4%, according to the Society of Motor Manufacturers and Traders, making it the second-biggest seller for the VW Group.

The ‘no VAT’ offer is similar to those offered by Japanese brands Suzuki and Mazda, both of which have commended the popularity of the scheme.

The offer of 0% makes koda the latest among several brands, including Perodua, Citroën, Chevrolet and Mazda to make the option available in the final quarter of the year.

Meanwhile, the Q4 HP deal puts koda alongside the likes of Subaru, running HP through its website but promoting its PCP products, and Suzuki, again, which is continuing to market the Grand Vitara on HP.

richard.brown@vrlfinancialnews.com