Sent via email from a valued member: It’s the auto extension renew that’s been changed which will come in to force April 2024. Currently, in the 3 months prior to your 3 year lease ending-Motability will write to you, to gauge your intention when your 3 year lease expires. Within this 3 month timeframe-if you don’t respond to Motability to advise your intent-the lease extension will automatically come in to force-but will only be for 6 months which you cannot then extend. If, however, you respond and advise Motability of your intention within the aforementioned 3 months prior to your lease expiring-you are able to request the still to be available 2 year lease extension, so long as all criteria for such is met-such as good condition of the vehicle, it still suits your needs and the mileage is under the 60,000 limit.
Thanks. That’s very useful, not least the fact that the change comes into effect in April. Has this person confirmed that the 2 year extension will still allow a change at any time whatsoever within the two years? My worry is that if they are making changes they might remove that facility and it becomes a fixed 2 years extension, which I wouldn’t want to do. I would be wary of just making an assumption that this is still the case without having it in writing.
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This reply was modified 2 years, 3 months ago by
Glos Guy.