Well that’s a good thing, but let’s not be fooled. This is a pacifier. Last year Motability Operations made £1,000 additional profit per customer than is needed to cover all the scheme costs, and that was before the benefit that they will be getting now from inflated resale values of end of lease cars.
So, in summary, we are being charged £1,000 more in AP’s than we need to be, but should be grateful that £250 of this is given back to us. If they were being completely honest and transparent they would reduce AP’s by £1,000. Whilst I would rather have £250 than nothing, I am not fooled by this tactic.