Car with fixed weekly charge

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    Topic
  • #192156
    Carcar

      With talk of PIP going up by inflation next year perhaps to £70. All those with fixed weekly charge(ie less than total PIP) and lease coming to end might do well financially extending lease? I pay £58.25/week.

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    • #192158
      Jojoe
      Participant

        PIP increase at inflation rate, yet another way Motability are going to be raking it in. Majority of us having to extend leases, means we’re paying full whack for up to 5 year old cars, add the fact used cars have increased massively in value. At the same time they’ve started charging for basic adaptations, they seriously need investigating!

        #192164
        rox
        Participant

          Plus they giving money away to other causes, like they the lottery. Total agree Jojoe they made huge profits in last 6 months and i bet this next six moths when figures comeout they even bigger.

          It is no surprise many are leaving the scheme or planning to do so when their current lease ends as many cannot get anything suitable or that has an affordable/justifiable ap, for their needs.

          The current high aps make owning your own car more viable than ever and i recently left the scheme, so I will put that rise towards me? but it won’t be as high as the actual rate as its alower rate they use for benefits and since thy done that the allowance has fallen behind the cost of cars also? that not actually mb fault but add to the current situation.

          I think new car prices will rise further due to energy cost and all other costs rising and some have already risen in the last few years by 26% well above inflation.

          The scheme maybe good soon only for those that need a small car.

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