I think it would be fairer if the GCB was monthly pro-rata same as the AP is. Both are part of the three year lease conditions. Why is one calculated per year and the other per month?
I guess one is what we pay towards the car and the other is a geture of good will.
At least they increased the gcb from what it was when i first joined the scheme £200 for 3 years. I got more than that back for 1 year in june.
I will never extend my lease again as it doesn’t make sense to me.
The only sense it makes, is for them to make more profits and people will extend as then they’re avoiding paying such high ap’s or can keep the car they have longer as non on the scheme are suitable or affordable for them, but who benefits from that also at the end of the lease or if any added extra’s are added.
I have never added an extras or extended past 3 years except for during the 1st lockdown as i was due to exchange in april 2020 and couldnt pick up the car.
Now with the extreme long waits for cars on the scheme, if they actually honor your order your lucky and don’t cancel on you after a years wait to have to order again. More and more will be extended and more profits will be made. That money will go towards projects and charities outside the scheme.
Leaving the scheme when i got my new car in 4 weeks seems a real good move for us now and I can see many having to leave or get something unsuitable to remain mobile especially if you extended already for 5 years.