Advanced Payment

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  • #218795
    FiestaRed

      I’ve been with the scheme for quite a few years now and over that time I’ve seen the advanced payments climb and more recently rocket. Can I ask who decides the AP please, is it the car manufacturers, Motability or some other combination?

    Viewing 15 replies - 1 through 15 (of 15 total)
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    • #219011
      Avatar photoWardyGTC
      Participant

        Motability negotiate with manufacturers for wholesale prices for vehicles. They then work out the cost of supplying the vehicle to the customer (inc. insurance, servicing, overheads etc) deduct the customer benefit forfeit and any difference is the advance payment.

        So the short answer is Motability decides.

        If I seem a little strange, that's because I am.

        Skoda Karoq SEL.

        #219404
        FiestaRed
        Participant

          Thanks for the help, really appreciated.

           

          Mother Nature don't draw straight lines, We're broken moulds in a grand design, We look a mess but we're doing fine, We're card carrying lifelong members of the Union Of Different Kinds....
          Fisherman's Friends, Glastonbury 2024

          #219475
          Tommy

            What gets me is, I’ve seen loads of aps sky rocket but the actual price of the car stays the same, it makes no sense, what’s happening is the car manufacturers are making more profit of the back of disabled drivers just like the supermarkets are making excess profits if the back of consumers

            #219477
            wmcforum
            Which Mobility Car

              New car prices have been climbing over the last few years:

              #219479
              FiestaRed

                I feel the Motability’s Advance Payment is now like a lot of other things, they go up at an alarming rate and never seem to come back down again or even level off.

                #219481
                RogerWilko

                  Only but missing from that is the residual value

                  #219483
                  Avatar photoWardyGTC
                  Participant

                    That’s the nature of high inflation, everything goes up and even when inflation is back under control prices don’t and won’t fall. They’ll just rise at a much slower rate.

                    We’re in the process of switching from our Mercedes to a Skoda, the retail price of the less well equipped (and some might say inferior) Skoda is £4k more than the Merc was just over 3 years ago.

                    If I seem a little strange, that's because I am.

                    Skoda Karoq SEL.

                    #219485
                    MFillingham
                    Participant

                      I’m going to stand out here.

                       

                      Motability’s APs have soared, can’t deny that.  However, there’s been a huge imbalance between supply and demand which has pushed prices and waiting times up.  This has, naturally, impacted the APs on the available cars, it’s also impacted the number of cars on offer.

                       

                      Now we’re coming out of that supply problem, there are some APs that are returning to nearer where they were before it all went nuts.  For example, the Ariya joined the scheme at around £5,500 AP it jumped up to nearly £10,000.  Now it’s down to £5,999, almost back to where it joined the scheme.  Then there’s the Renault Megane, started at over £5,000 now dropped to £2,495.

                       

                      Admitedly, some cars have gone up and are still increasing, which could be a sign that demand for these cars is still high, even at the increased APs.  Nissan seem to have a number of these.

                       

                      While prices are still high, there seems to be some sign of them beginning to, at least, peak and if you are unfortunate enough to need a car whilst having no hope of an income to provide the type of AP you need for the car that suits your physical needs, then there’s the grant system.  What I’d like to find is how they view EVs in terms of needs and providing APs for decent ranged electric SUVs…

                      I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
                      I'll try to give my honest opinion but am always open to learning.

                      Mark

                      #219922
                      Michael

                        Hello everyone,

                        just wanted to let you all know you can haggle the AP, I got £1000 of the Megane e tech. I’m collecting it next week.

                        just call all the dealers and get the best price I called about 15 or 18, most didn’t want to discount at all some discounted by £100 but one went the full mile and gave me £1000 off

                        #302833
                        dan
                        Participant

                          Hi

                          First time on here.

                          Does anyone know if you take a car out for 5 years instead of 3years will the advance payment be any lower.

                           

                          Thanks in advance.

                           

                          #302836
                          BigDave
                          Participant

                            Hi First time on here. Does anyone know if you take a car out for 5 years instead of 3years will the advance payment be any lower. Thanks in advance.

                            Short answer – No.

                            Unless it is a Wheelchair Accessible Vehicle (WAV), the lease can only be taken out for 3 years.

                            The lease may possibly be extended at the 3yr point upto 5 years subject to Motability’s approval and prevailing criteria (must be very low mileage i.e. below 20k miles and/or be heavily adapted etc).

                            #302837
                            redskygirl
                            Participant

                              Hi First time on here. Does anyone know if you take a car out for 5 years instead of 3 years will the advance payment be any lower. Thanks in advance.

                              That’s helpful, as I was holding off ordering my car last week in the hope the prices dropped, but instead, the Hyundai Kona increased by another £1000 … And whilst I have narrowed down my choices to that and the Ford Puma the Hyundai Kona N Line wins, as it has more features for an additional £504, such as the heated seats and automatic handbrake. I’ve had a good experience with the local dealership, so wonder if they would offer something off the AP.

                              #302842
                              mitch
                              Participant

                                redskygirl, have a look at bigdaves thread on offers, there are usually quite a few on hyundais.

                                one ap i have been following is the nissan juke particularly the hybrid yo can now get the hybrid in tekna+ for the price the n-connecta came in at thats 2 grades up.i paid i think 650ish for the nconnecta in may 23 and the same one is 0ap on wpms.

                                #302843
                                mitch
                                Participant

                                  amend my last, and this is what really gets my goat with mota, yesterday the hybrid 1.6 was on in tekna and tekna+ today theyve gone its only the petrol 1.0 thats in tekna and tekna+. so thats an option up the swanny.

                                  #302847
                                  dan
                                  Participant

                                    Thanks Big Dave

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