Nothing to stop you doing this now. withdraw from the Motability scheme and use your monthly payment to lease your own car, pay your own insurance and servicing. best of luck being able to achieve the same level of car and spec. a voucher covering three years pip payments does not work, as you have to be able to sign in to that, with no loss of pip, you are expecting someone to pay that advanced sum, where is the benefit to the taxpayer?
I don’t need to as my 3 year lease still has 16 months to run. I don’t see the situation getting any better overtime only worse. Which means Less and less choice will be on the scheme and if i see a good deal on a used car i may indeed buy it and leave the scheme. When it suits me, just like anyone could at anytime.
I will not extend my current lease past 3 years as your paying the same for a 3 year old car as you would be for a new one and only mbo benefit.
My current car the honda civic is no longer on the scheme either. My car before that was a golf the ap’s now are all over 3k on the golfs on the scheme. There is no way i will pay that much ap.
When the time comes i will look at other alternatives and options but i always look ahead so i can plan.
You are right other leases are more expensive as they include vat and the profits companies’ make from offering you the leases. Just like it costs you more to pay insurance monthly rather than yearly in one lump sum, but if a car is not on the scheme you cannot lease it.
Also on many private leases you can also reduce the ap to one month and spread that cost over the term you agree to. So for some who cannot afford a huge ap, That maybe an option for them. This is about giving options not all will work for everyone in the same way as the scheme will or doesn’t work for everyone.
Personally i think i may go back to owning a car not leasing one. let someone else pay for the huge depreciation from new and that way one could get what they want and need over something that is not suitable for there needs but is new and on the scheme.
Where did i say you could get a better deal leasing over the scheme. I didn’t i said there are other options and if your mileage is a lot lower than the 20k a year the scheme allows you. then there’s some reduction there on both pcp and insurance costs, Which mbo make more money on when you return the car with 40k less than they allotted for.
I am not anti scheme but i understand the reality of the situation of many, with the way things are now and will head in the future, less and less of the specs you want will be available. soon i can see only smaller cars being on the scheme at an affordable ap for those on a low budget and they not suitable for many, for many different reason’s.
The biggest problem is the gap between the allowance and the cost of cars keeps rising at different rates. So some may have to buy privately and maybe used rather than new to get what they need and is now not available on the scheme as it was in the past.