Contract Hire is a rental agreement that allows you to drive a ŠKODA without needing to own it.
Once you have chosen your ŠKODA and decided on your initial rental, you need to make three decisions that will affect the monthly rental payments:
Choose any period between 12 and 48 months
Choose how many miles you expect to drive each year†
Choose to include a service, maintenance and tyre plan in your agreement
Once you have paid all outstanding rentals, you simply hand your vehicle back, subject to fair wear and tear and excess mileage charges.
At the end of your agreement you just pay any outstanding fees and hand the vehicle back to ŠKODA Financial Services.
No, you are hiring the vehicle and will hand it back at the end of the agreement.
Need details about your agreement? Find it in our Driver’s guide.