However, a legally binding contract (which we enter into when accepting a car) cannot be varied at will by one party, without the other party having the right to terminate the contract. Unfortunately the option to buy a car at lease end was never contractual, always discretionary and therefore can be removed at any time without consultation. I would therefore argue that it is not a retrospective change, as you never had the ‘right’ to buy the car in the first place, and it was never written in to the contract.
Agree, also that from what I have read over the last year or so, prices at end of contract have been extremely high.
