I posted this in another thread. I pick up my new car next week after terminating the contract early on my current car, which I collected September 1st last year. (Terminated due to change in my condition)
From very recent experience:
Admin is a sliding scale from £0 to £250 depending on the reason for the change. Medical condition changes = less admin charge / whim = max charge
(mine was £50) Motability put a note on your account from the date they agree to the change and it remains valid for 6 months ( so you can pay the admin charge and change anytime in that 6 month window)
AP,s are on a pro-rata basis calculated from start of current contract to start of new contract.
Example: Original AP Audi Q3 £2099 divide 36 = £58.31 by the time my new car contract starts say 15 months
36 – 15 = 21 months remaining so multiply £58.31 by 21 = £1224.51 refunded from original AP
you need to pay new contract AP plus any options and adaptation costs, then you receive a cheque from motability for AP refund a few days later
You lose your right to any good condition bonus on your current car but do qualify to it on your new contract