Reply To: What are the conditions at the end of a lease if you choose to buy your car?

#102784
Avatar photoColin
Participant

    As far as I know, towards the end of your lease, you ask Motability for a price and that’s all of the negotiation involved – they give you a take it or leave it figure.

    It won’t be a GOOD price but it isn’t usually terrible either – they basically ask for it’s current full market value less the good condition bonus you’ve earned.  The only real advantage you get buying your car is that you KNOW how it’s been driven/looked after so (assuming you haven’t been driving it like you stole it) you get that peace of mind over buying an equivalent car direct from a dealer.

    After it’s paid for, you should be free to rejoin with another lease as long as you have at least a full year left on your allowance, PIP, DLA, WPMS, whichever applies – they don’t care that you bought the last one.

    There have been a few people I’ve seen here who buy the cars on behalf of friends or family, and it hasn’t been an issue.

    I may not be 100% correct but I’m pretty sure this is the case – others should absolutely feel free to tell me I’m wrong and to shut up lol

    EDIT: Dunno if a mod can or wants to move this post, but this seems a VERY main forum issue and the info people will offer may be helpful to others who don’t check the off topic area much… Absolutely 100% NOT a dig at it being here in the off topic area, just thought the info might be useful to the world at large lol.

    "Man is born in freedom, but he soon becomes a slave, in cages of convention, from the cradle, to the grave."