January 2, 2022 at 10:13 am
#172912
Hi Mitch. Interesting stats and explains why so many customers are going to be priced out of the scheme.
I guess that the most relevant comparisons would be the percentage of the on the road cost that the AP’s are now compared to previously.
I have no idea how much your car is / was but, for the sake of argument, let’s say that it was £30k when you got it and is £33k now. £785 AP would have been 2.6% of £30k, whereas £2,343 AP now would be 7.1% of £33k. Obviously that doesn’t take account of the £10k sacrificed benefits (more with WPMS?) which remain constant.
Whichever way you look at it it’s not good!