Motability wins by a country mile at almost £6k less than salary sacrifice.
Now add possible VAT to the Motability car, as per the other thread and the difference isn’t so great, but we’ll have to see what Rach from accounts decides come budget day.
Exactly. Plus how many people need the facility to do 20,000 miles a year? Very few Motability customers judging by the mileages quoted on this forum! If the VAT exemption goes and a more realistic mileage is quoted, the gap will close considerably. Although I’m retired, so don’t have access to any salary sacrifice schemes, if the VAT relief goes on Motability cars it wouldn’t make sense for me either. I wouldn’t be leasing, as I’d buy outright, so the costs are much lower again, and with none of the restrictions of a lease. I can’t help but feel that it will be quite liberating to look at cars that I’d really love, not just cars that I’m ‘allowed’ by Motability!
Mistake in posting
Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.