Something is amiss this quarter, with the AP increase’s seen in most non BEV cars. For a fact this does not mirror the automotive market! Motabilty scheme: Hyundai Kona Ultimate BEV £999 Hyundai Kona Ultimate 1.ol Turbo £2199 New car market: Hyundai Kona Ultimate BEV £39,900 Hyundai Kona Ultimate 1.0 Turbo £25,500 The above example shows the opposite pricing structure and can be seen across all models of vehicles that are available as both a ICE and BEV. So it beg’s the question, is Motability in part funding the ultra low BEV AP’s off the back of ICE vehicles. This will only get worse each year, as manufacturers see an outlet, to avoid hefty fines through the ZEV mandate.
I think you’ve hit the nail on the head there kezo. Also, Motability by doing this are helping the manufacturers reach their quotas too.