Czech and Slovak car financing boosts young buyers' preference for Škoda and flexible leasing

Data from Česká spořitelna show that Czech drivers aged 18‑26 are buying used cars for an average price of 337,000 CZK, with loans covering more than 90 % of the vehicle value and zero‑down options in many cases. Young buyers favor the Škoda brand, choosing it in 44.7 % of contracts, followed by Volkswagen, Hyundai and Ford. Financing demand, which had weakened, is rising again, especially as the L17 licence scheme allows driving from age 17 with a mentor.

In Slovakia, Tatra Leasing promotes flexible, low‑interest financing that can be arranged online within a day. Offers include rates as low as 0.99 % for conventional cars and 0 % for electric models, up to a 50 % VAT discount on selected Ford hybrids, and bundled insurance and down‑payment terms. The company highlights growing consumer interest in budgeting monthly payments before selecting a vehicle model, reflecting a broader regional shift toward accessible car financing solutions.