On Octopus lease its £315/month, £20 cheaper than Motability, with £1890 AP for 4 years.
For 5000 miles a year. For 20000 miles it goes up to: £385 per month with £2310 upfront.
Indeed, but not many users actually do 20K /year, and motability does not give a discount for low miles.
But if you only do 5K miles/year, its cheap as chips , especially for 4 year term. Yes you do have to insure it. But still…its better than what motability offers.
If your PIP amount increases, with inflation, it goes in your pocket and not motability,s.