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As I mentioned a few months back, having ordered a new Landrover Discovery, I will be shortly leaving the Motability scheme as my lease is due to end in a couple of months. I haven’t told Motability as yet as there is no requirement to at this very moment.
I was toying with the idea of buying my current Motability car as a run about, so telephoned Motability and requested a quote to buy it.
I was rather taken aback to be told that Motability no longer permit you to buy your vehicle at the end of the lease.
This seems to be borne out by their website:
In fact all references to buying a vehicle direct from Motability at lease end seem to have been removed from their website.
I am not sure when this change of policy occurred, but it may have a bearing on some customers choice of scheme vehicle, if they were looking to ‘load it’ with options with a view to buying it direct from Motability at lease end.
Of course, one could try to ‘do a deal’ with the car dealer to whom the vehicle will be returned. However, they may want to ‘add in’ a healthy profit margin (knowing you particularly want that vehicle). Or possibly may want/not want the vehicle themselves, or Motability preferring it goes to the wider trade or auction. In short, a dealer/Motability has no obligation to sell it back to the ‘soon to be’ ex-Motability customer.
My view of this apparently change of policy is that Motability do not want customers buying their vehicles at lease end (and thus losing them) and are making it as difficult as possible, preferring to keep them captive on the scheme as a very profitable leasing customer.
In my case, they have ‘lost’ me anyway so I cannot really fathom it. Unless some ‘deal’ has been done with the trade/manufacturers to increase sales of new vehicles on the scheme and this policy change has been slipped in as part of it.
Whatever, it is something to be aware of if thinking about leaving the scheme and buying one’s vehicle.