Some people get enhanced rates of PIP for a fixed period of 3/4/5/+ years and don’t know what rate if any, they will be judged on next time they apply. If the DWP suddenly stops a persons PIP money or reviews it at anytime, motability will take the lease car back.
Yes thats a concern for anyone on the sceme, unless they have a lifetime award. I often think if I’d have used my benifit to help purchase a car, this would no longer be worry and I’d still have a car with should benifits be lost. Yet I’m still on the schem and have been for a good may years. As said on this forum many times before, it depends on ones finances, credit rating. You also have to take into account motabilty is worry free driving, but there is always a possibilty of loosing part of your benifit.
The alternative is to buy new or second hand but any 5 year plan you take out, has to be costed and paid for same as motability. You are then stuck for the next 5 years paying a monthly finance bill for a car regardless of it’s reliability factor, warranty clauses or reduced/zero DWP benefit.
Also agree and again depends on someones finances/credit rating going forward.
Some people (not me) pay Virgin or Sky an average of £100 a month for their full package which is about £6000+ over 5 years. In return they get a rolling contract at increased prices unless they threaten to leave by giving a months notice, together with the worst possible customer service ever. Yet people still sign up and agree to their terms. As you rightly say, all things considered “Whats good for one may not be for another”
Me neither.
At the moment I think the only comparable car to youre Sharan is the Tiguan Allspace/Skoda Kodiaq both have AP’s north of £3200, you extend your lease, knowing you could come out of it at anytime should AP’s drop or something better for you comes along.
Unfortunately there is no right or wrong way, its what suits you and nobody else. At least you can take away the bonus of knowing you will get £600 gcb 🙂