Yes they will keep it, making your lease £1000 more expensive over 3 years
Wow. I hadn’t realised that it amounted to that much but you are, of course, right. Whilst Motability are entirely within their rights to just pocket this additional money, with 300,000 customers that is a windfall of some magnitude. Even if you take an average remaining lease of 18 months, that’s an extra £150m! With the substantial profit that Motability already makes out of each and every lease, you’d have to hope that they might find a way to give some of this back to customers or substantially reduce AP’s, rather than just dish it out to their staff and other charities that we never signed up to (as they have been doing). But then again……..