[Quote]I don’t doubt that they are reasonable in comparison to others, but taking the top spec model, if you add the AP to the sacrificed benefits, you are paying around 44% of the retail price of the car in order to lease it. Not that long ago (and certainly well within the decade) it was possible to pay a much lower percentage of the cars price through Motability. Unfortunately, APs have risen so much that even what looks like a bargain now is still very expensive compared to how the scheme used to be. Two cars back, the equivalent calculation had us paying 30% of the retail price!
I think that’s just an inevitability which is only going to get worse as VAT becomes an issue. The only hope for affordability are limitations in use.[/quote]
I’ll be interested to see how this VAT works out, as Motability are saying it will increase AP’s c.£400. The way AP’s are currently and likely to rise, an AP of £2k (+ £400 VAT) isn’t going to get you alot?