Reply To: Motability changed policy on extending leases

#252004
Dragonfly
Participant

    There are people on here who go for high AP’s with the intent on keeping for 5yrs to even out the upfront cost If what is said, is true, how will Motbility implement it (a) just bring it in and tuff or (b) at next lease? I cant see many wanting to go down the route of £5k+ AP’s anymore, If this is how they are going to be treated. How will it effect those comming to the end of their lease 9-10-11 months prior to their benifit award comming up for renewal or haven’t Motability thought about that!

     

    A good point, with the higher APs it does make sense to spread the cost of the AP over 5 years rather than 3 years.

    I wonder what the effect a growing number of 5 years leases has on Motability’s financial model, it must have a detrimental effect or they wouldn’t feel the need to change.

    • This reply was modified 2 years, 4 months ago by Dragonfly.

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