Reply To: Motability question? We can answer it.

#197869
Ginny
Participant

    Where do you get the idea that the banks take a profit from Motability Operations, gilders? They don’t. It’s true that they are very generous with our money, but the banks don’t get it.

    “The Motability Scheme is operated for Motability on a contract basis by Motability
    Operations Limited (the operating arm of Motability Operations Group PLC, which
    itself is owned by the major banks: Barclays, Lloyds, HSBC and Royal Bank of
    Scotland).”

    I can’t speak for gilders, but I find it very hard to believe the banks that own it would do anything altruistic. Some banks are more ethical than others but the banks in question have not in the past shown themselves to be such.

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