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Car wow did an assessment of the 25 worst depreciating xars in the U.K.
figures lije these are used by Motability to set the AP (initial cost vs depreciation and residual value)
some well known Motability cars on this lust
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This is a good watch, if a little scary. ?
I did see this on my YouTube feed but forgot to watch it.
It’s unbelievable the amount that some lose. ?
? I will be remembered for nothing but had great fun doing it ?
We were looking at our Mitsubishi Outlander PHEV design due to Mitsubishi announcement to withdrawal from the European market you will pay £30,000 depreciation 70% £13,000. If I was offered it at the end of the lease I would probably buy it.
Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.
I would be surprised if Motability offered you the car for £13,000, going by my previous offers to buy I would say they will still want around the £17,000 mark, they say that they look at a long term average and ignore sharp spikes/dips in residuals.
I would be surprised if Motability offered you the car for £13,000, going by my previous offers to buy I would say they will still want around the £17,000 mark, they say that they look at a long term average and ignore sharp spikes/dips in residuals.
You are probably right, however, due to Mitsubishi announcement price have dropped dramatically.
Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.
May be worth looking for a good example from a dealer at the time, probably with a better service record and a warranty for less money, If the car is being sold to the Motability customer it doesn’t get a service at the end of the 3 year lease and you would have to have that done at your own cost.
My last change was due 4 months after my lease was due to end and as such it had it’s MOT done and a service, when it arrived the week my lease was due to end I had a call from Motability asking if I knew it was going to arrive early as if so I should have informed them so they could have cancelled the service as they don’t do the last service as per their policy, when I questioned them about this if I was buying from them they said it would be my responsibility.
That’s a big eye opener. Definitely not going to buy the Rolls Royce or Bentley, have to find something else.
Only if it came at the right price around £13,000 only I would consider it, to change to a new PHEV would probably cost the top end of the £3750 AP plus a towbar and electric £600 plus approximately £10,000 3 year lease = £14,350.
Then after 3 years use I could just give it to the daughter
Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.
Don’t forget to factor in 3 years servicing, MOT’s, maintenance, tyres, breakdown, insurance, etc.
I am ahead of you
Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.
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