This topic contains 17 replies, has 6 voices, and was last updated by SaintsMan 1 year, 1 month ago.
might be of interest to you, a dealer accidently put up the non customer list that shows cost to motability of each car (remember to take off VAT too if your interested).
Quite surprised really for example a 320d se auto touring if you take the vat off cost to motability and minus the advance payment it brings the car down too 19000, then what you pay over 3 years 10,324 is motability outlay in total, if you return the car with under 30000 miles on the clock the car would be worth about 16000, which is over a 5126 profit for motability if you get a good condition bonus :O if you return it with 60000 miles on the clock it’s worth about 13450, which is still about 2000 profit for motability, no wonder there reserves are so high, I would be the one in the high band so giving them a 5126 profit if I chose this car, you also have to factor in that rsa take 28% as that is part of the deal they have with motability to provide the insurance. then the cost of £15 per car for the 3 year cover (they do it so cheap as imagine how much it works out by how many cars are on the road that are motability and actually how many need assistance, they make a huge profit from it). So roughly speaking they would make around 3300 from me from leasing this car.