July 2, 2020 at 4:19 pm
#117424
Hi Elliot, residual values for Motability cars won’t be calculated based on 20,000 miles they’ll be based on an average of the mileage vehicles cover (based on years of data). I doubt that this would reduce prices much (if at all) because I don’t think the majority of vehicles get anywhere close to doing 20,000 miles a year. It would just complicate the whole scheme.