Reply To: More concrete news on the July 1st changes

#349363
Avatar photoAbercol
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    Currently averaging 13,000 miles a year, so a paltry £1500 extra for going over. Add in VAT on AP and suddenly private leasing or purchase becomes very doable. Could reduce mileage to around 12000 I suppose.

    I looked at the Tesla Model Y standard – came out to about £15,900 over 3 years (its a 5 year lease at 12,000 miles a year) excess mileage is 14p inc. VAT.  Insurance is £485 a year, call it £1500. Breakdown cover, tyres etc call it £600 over 3 years. So, £18,000 all in for 3 years.

    Motability…Same AP, £3500, but add VAT. Sacrificed PIP Mobility, £12480 (actually will be more as it increases every year…) Excess mileage fee £1500 for 6000 miles = £18180. And the spectre of Drive Smart on top – which is reason enough to bin the scheme regardless of cost.

    I know, there may be lower AP vehicles, equally there will be lease deals to be had on other cars, this is just a quick comparison.

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