@Dragonfly Many are doing that and it’s increasing MBO profits hugely, as will the benefit rise in april of at least 10% which will be at least £335.40 more a year. That they’ll suck from users of the scheme.
Also MBO will take the same from many for a extended 3 year old car as they do for a new one.
I got no issue’s with people extending as it’s really is some people’s only option right now, but let’s be clear about it and who profiting from it all and still ap’s are rising and rising on the few cars on the scheme.
Many see it getting better, I have heard some high up in the buisness say it’s the new normal and they ain’t going back to the old ways of having surplus stock, which hit’s profit’s. Where right now they selling less cars and making higher profits than ever.
Even during my 11 years on the scheme it never sat right with me to extend or to add extra’s on a car your leasing, as it’s only MBO who benefits in the end and if they put it all back into the scheme that would be ok, but they don’t. It’s like some lottery fund for other causes and projects.