This is a bit of a rant but why do we pay APs on any vehicles on mobility??? My understanding of the AP, is that it goes directly to the dealers supplying the mobility vehicles. But having recently made an order for a mobility car, I can see that the invoice is made out to mobility for the FUll PRICE of the vehicle!! If I was to buy this vehicle directly from the dealership as a private individual, there are always discounts to sweeten the deal. So essentially I would never be paying the full ticket price. So if the dearer ships are getting full value for their vehicle, why are we lumbard with paying APs as the dealerships are getting maximum value from the sale. Additionally, as disabled velicles are exempt from Vat, mobility are able to claim back the Vat which in my case is over £5,000. So I really don’t understand what the justification is for an AP in any vehicle??
Because you have to take all the costs of running the vehicle for the life of the three year contract into account (the vehicle, insurance, servicing, depreciation, fixed costs etc and then make an allowance for projected resale value).
Then deduct the weekly payments – £69.50 x 52 (weeks in year) x 3 (years of contract) equals £10,842 (plus any annual increments).
If one chooses vehicle which costs more than this, the difference becomes the advance payment.
One can always choose a vehicle with no advance payment, or even no advance payment and less weekly cost than the allowance.