I don’t understand why mileage is in the equsion, because Motability calculate what the expected value after 3 or 5 years, the AP required, based on 20, ooo miles per annum or 60,000 miles after 3 years. Regardless whether someone sends the vehicle back with 15,000 or 60,ooo we will get £250. Motability will ever get the amount they expect based on £60,000 miles or more if a vehicle is returned with average mileage, swings and roundabouts. However in most cases they will be getting a greater amount in return, as I imagine only a few users do get near to the maimum allowed mileage.
Glass’s guide, which is what the trade use, still base “average” mileage on 12,000 miles a year. The RAC on the other hand base it 10400 miles, roughly 28 miles per day. However this isn’t as clear cut as first seems, because the mileage is spltt across the fuel types to come up with that figure – 12,500 miles a year for diesel cars, 9,400 for electric cars and 7,500 for petrol cars, which is bullsh!t in most cases.
I do between 13,000 & 15,000 miles a year or an average of 14,000 a year 42,000 over 3.