Motability is actually a stand alone organisation, owned by four banks, and funded by a variety of sources such as the resale of vehicles on the scheme, issuing of bonds etc .etc ., and it does not receive any funding from the Government / tax payer, and btw., any profits are reinvested .
It’s bulk buying power allows it to negotiate far better deals with car manufacturers than individuals can get , and the same applies to insurance, servicing,repairs etc.?
There is nothing wrong with profit, in fact it is essential to keep any business going – and businesses employ people etc .etc.
The problems occur a. In how you achieve that profit and b. How you use , or distribute that profit.
Even non profit making , or ‘not for profit’ businesses have to make a ‘surplus’ or will go out of business very smartly!
As a now retired volunteer director of a ‘not for profit’ Credit Union , I can confirm that a ‘surplus’ is essential, not just for the business but for the
‘ Customer’!
Depending on the business of course , some of the profit/surplus will need to be used for growing the business ( potentially employing more people ) maintaining the business, keeping in reserve ( to cover unforeseen eventualities ) and covering upcoming increased costs , including staff rises etc?
Where problems arise is when there are either excess profits , which can be argued have been made by exploitation, or excess profits blatantly paraded in a ‘two fingers to you ‘ manner.
But making profits/ surplus is essential!