Reply To: Lease Extended on the VRS

#120622
blueclouduk
Participant

    The latest information I got from Motability – admittedly just before the lockdown – was:

    Any customer can extend the lease of any three-year-car now by up to two years and irrespective of AP.

    The Good condition bonus increases too.

    £600 after three years.
    £700 after four years.
    £900 after five years.

    After five years, no dice unless the replacement vehicle has been ordered.

    If one decides to terminate a lease extension, the GCB is paid out on whole years only.

    A quick search of the Motability web shows different information.

    I would call and get MOp to email the options.