Can you make use of dealers car scrappage schemes when getting a motability car? For example at the moment Citroen are offering up to £5000 for your old car on there scrappage scheme, I’m thinking this would pay for the advance payment thanks
Hi Kirsty. Whilst scrappage schemes only apply to private purchases, if you are set on a Citroen and your private car is worth very little money (say a couple of grand or less) then it might well be worth you comparing the cost of a PCP with the costs of motability. Motability will cost you almost £10k in tax free benefits plus the AP. If you get £5k in part ex (say at least £3k more than the car is worth) then you have a chunky deposit (so no AP needed) and unless it’s a very expensive Citroen your monthly payments could be less than your sacrificed benefits. The car would have a 3 year warranty (so no worries there), road tax is a known figure and, depending on your mileage, you may not even need to replace any tyres during the 3 years. Most manufacturers offer servicing plans so your only variable is insurance. Running some checks on a comparison website will reveal all. Motability is obviously great for ‘peace of mind’ motoring but isn’t always the financial no brainer that many think it is – especially with cheaper cars.