The thing to remember is that all that Motability can pay is 39 times the 4 weekly benefit amount plus whatever Advance Payment is requested plus the expected future value of a 3 year old car. It appears that Motability are reluctant to ask above £8k for a car, so a £100k BMW isn’t going to happen. If, however, a manufacturer decides to join or place a new model onto the scheme, discounts will be needed to get to an agreeable price. Currently there appears a ceiling of around £50k for cars with the likes of the Mach E slightly pushing that. <p style=”text-align: center;”>It really is difficult to predict where the future goes but if the car you’d like to see is significantly more than £50,000 you’re highly unlikely to see it offered.</p>
Since my last post I’ve just glanced at the BMW website and the new lower powered iX1 (204PS) has just appeared. It starts at £45,465 so well below the price of many EVs on the scheme (and certainly nowhere near £100k ?) and will retain a far greater proportion of its value after 3 years than many of them. On that basis, I can see it joining the scheme once initial private demand has eased.