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Skoda extends ‘0% Finance’ to approved used cars

Skoda also confirmed that it is extending ‘0% Finance’ to ‘Skoda approved used cars for a limited time. It has also confirmed that the ‘0% Finance’ on their new cars has been a driving force for this success. In fact, it has provided loans to the value of over €41 million to customers, during the first three months of 2018.

Skoda Ireland has a market share of 7.1 per cent for the first three months of this year, which marks the highest ever sales performance by the brand here. It saw them deliver 5,064 new vehicles to customers.

This result solidifies their sixth position in the sales rankings and it’s performance is in  contrast to the overall market, with new car sales are down over 5.8 per cent. Skoda results show that 56 per cent of their sales were diesel powered vehicles.

Commenting to us, John Donegan, Brand Director at Skda Ireland said: “Strong demand for our diesel powered vehicles helped us achieve our greatest first quarter result ever, in the brands history. We believe that our efficient EU6 Diesel engines still provide the best solution for the majority of Irish motorists. Diesel is alive & doing very well.”

He adds: “Skoda also possesses one of the most advanced ranges of petrol engines – such as the turbo-charged 1.0 TSI 115bhp unit, available in the Karoq and Octavia. By 2020, we will be offering our customers the option of electric, plug-In-hybrid, petrol and of course diesel.”

Despite the growing trend towards SUVs, the brand’s best-selling model was the seemingly ever popular Octavia, with over 2,000 units sold. Skoda also point out that the Superb has also enjoyed further success securing increased segment share, at the expense of some premium brands.