Price cap

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    Topic
  • #112508
    Jane

      With alot of cars getting more expensive and electric  cars being build more do you think our price cap will change.as I’m looking at cars coming and prices go above cap so that will mean less cars to choose from.thought on this ???

    Viewing 25 replies - 1 through 25 (of 25 total)
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    • #112509
      Avatar photoMenorca Mike
      Participant

        Who knows young Jane

        #112535
        Avatar photoBandit
        Participant

          I suspect that as long as there’s a govt grant then the existing cap will be applied AFTER said grant has been deducted. However, that grant isn’t going to be around long (especially given the forthcoming treasury coffers) but I don’t think production growth will bring down costs enough to offset it either, so I feel that going forward, for EVs at least, Motability are going to have to reappraise the cap.

          Just my own two penneth worth.

          #112544
          72 dudes

            £35k should do it for now.

            #112546
            ChrisK
            Participant

              My cars have always been in the £20K to £28K bracket including the auto box premium and I struggle to pay the AP at that price so increasing the cap is neither here or there for me but see no problem increasing it for those that can afford it, you see, I’m not a Daily Mail reader.?

              #112547
              brydo

                I don’t agree with any cap but if there has to be one i suggest it should be set at £40,000. I can’t see the government grant surviving this pandemic so stretching it would allow a number of EV’s onto the scheme. We are already at 37,000+for the tiguan r-line auto so not much of a stretch to get to £40,000.

                #112551
                BionicRusty
                Participant

                  Am I right in thinking that the cap is self imposed?


                  @ChrisK
                  Loved the dig at the daily fail. ???

                  ? I will be remembered for nothing but had great fun doing it ?

                  #112557
                  Jane

                    I’m blond??what do you mean daily mail reader?

                    #112565
                    Brydo
                    Participant

                      Yes Wayne self imposed after a series of articles in the Daily Mail “Free top of the range cars for the disabled” i think was one of the headlines.

                      The only person who got all his work done by Friday was Robinson Crusoe.
                      Anything i post over three lines long please assume it is an article lol.

                      #112566
                      ChrisK
                      Participant

                        Am I right in thinking that the cap is self imposed? @chrisk Loved the dig at the daily fail. ???

                        In a way it’s self imposed but generally I’m ruled by the bank balance come renewal day but sometime a bargain comes up because the car been discontinued or Mota get a good deal going.

                        Had it on my 64 plate Golf when the Golf Match was introduced and all the extras I was about to pay for became free but not so lucky on my last renewal because although the AP on the VW Touran SEL was a bargain at £999 VW could not deliver in a reasonable time so had to go elsewhere.

                        Hope to get lucky at next years renew time and hoping the Touran holds it bargain AP price but a few others are coming on the scheme that’s caught my eye and was disappointed at the lack of a Q2 price list as I’m tracking the AP’s of a couple of cars but I’ve got time on my side and have to wait another year anyway.

                        #112574
                        Elliot
                        Participant

                          As the AP cost is calculated by several factors with residual value being one, list price of the vehicle seems meaningless and therefore there shouldn’t be any price cap at all.

                          #112575
                          Oscarmax
                          Participant

                            I have a self imposed limit as regards the AP, I just cannot bring myself to pay an AP of £3750, at the end of the day all I need is a car to suit my needs, but each to their own.

                            Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                            #112577
                            Elliot
                            Participant

                              Very wise Oscarmax.

                              #112590
                              Ian

                                I really think motability should look at this cap especially for EV’s. Having extended my lease for another 2 years I am hoping that there will be the opportunity to get one. Can’t see why the Kia e-Nero is not on the scheme at £34,995 after grant. When you have the likes of the Tiguan costing £37,000+ on.

                                #112660
                                greycar

                                  Don’t can’t see why there should be a price cap on the car, but can see why there should be one on the AP. If a manufacturer has a dearer model that it wants to get rid of at a discount which makes it viable for Motability to offer it at a capped AP why not?

                                  For example a Superb L&K, because the Superb SEL has often been on the scheme well under the capped AP, when a couple of options are put on an SEL that are standard on the L&K then the cost is over the capped AP and purchase price of an L&K. There are plenty of other possible scenarios like this one too. Keep safe everyone.

                                  #112671
                                  Oscarmax
                                  Participant

                                    I really think motability should look at this cap especially for EV’s. Having extended my lease for another 2 years I am hoping that there will be the opportunity to get one. Can’t see why the Kia e-Nero is not on the scheme at £34,995 after grant. When you have the likes of the Tiguan costing £37,000+ on.

                                    The only problem I can foresee Ian, the e-Niro is an excellent car and in very high demand and will obviously attract a very high AP probably £3795 if it ever comes on the scheme, were as the humble Nero hybrid will from memory attract an AP of around £795, that a estimated £3000 difference, that would buy an awful lot of fuel.

                                    Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                    #112694
                                    Avatar photoMenorca Mike
                                    Participant

                                      Oscarmax the base model Nero hybrid was nothing as was the Hyundai Ioniq hybrid both good spec and true 65 mpg that’s what I will be looking at in the summer

                                      #112695
                                      gothitjulie
                                      Participant

                                        Q1 the Niro 2 hybrid was £0, the Niro 3 plug in hybrid was £1000, and the Niro 3 hybrid was a similar amount.

                                        As to which would use the most fuel, then that depends on how long & how frequent your journeys are, the plug in hybrid only being worthwhile if you do lots of short journeys.

                                        If I remember correctly, the top of the range Niro 4 hybrid was £1600 and it’s this spec that you’d compare to the full e-Niro, so base your fuel calculations between these to work out how much extra the e-Niro is really worth to you.. something around £3000 AP?

                                         

                                        #112696
                                        Jonathon

                                          Totally agree, as far as skoda goes the 190 tdi sel 4×4 dsg is 36k and less than the plug in version that’s on the scheme.. but it ain’t on?

                                          #112699
                                          gothitjulie
                                          Participant

                                            I think that we must remember that Motability gets a massive discount on certain cars from certain manufacturers, those of us with Boundless membership, or equivalent in other industries will know about some of these large discounts.

                                            Now there’s going to be very little discount available on a car that the manufacturer simply can’t make & ship enough of such as the e-Niro with the 1 year waiting list, same goes for the Kona Electric 64 and I’d guess the Kia Soul electric too, they are all the same same battery pack & drive system.

                                            Other full electric models are also in big demand, especially anything with a decent range & decent size interior, think Peugeot e-208 availability at 4 weeks compared to Peugeot e-2008 availability at 12 weeks, same battery pack, same drive system, larger bodywork on the e-2008 (same seats & everything else though, simply more space).

                                            Then compare the usual Citroen list prices with what you actually pay and the even larger disparity with what Motability pay & you’ll realise why those small petrol cars are often £0 AP or less.

                                             

                                            #112713
                                            martino

                                              Maybe loads of bargain when the lock downs over

                                               

                                              #112729
                                              martino

                                                why was the price cap set at what it was , is it 30k (i cant remember)  if so why that figure and not a higher figure especially when the price of vehicle go up a lot every year

                                                #112730
                                                Oscarmax
                                                Participant

                                                  why was the price cap set at what it was , is it 30k (i cant remember) if so why that figure and not a higher figure especially when the price of vehicle go up a lot every year

                                                  I could never understand the reason for the price cap, at the end of the day your own personal finance dictates your budget, for those who have deep pocket at the end of the day Motability are the winners at the end of the lease.

                                                  Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                                                  #112733
                                                  NewYork1
                                                  Participant

                                                    <p style=”text-align: left;”>I think there should be a rule if a base model is on then all models should be allowed on regardless of what price the range extends to.</p>
                                                    <p style=”text-align: left;”>So we could have things like Tiguan Allspace RLine for example rather then just half the models in a range.</p>

                                                    Current Car
                                                    KIA Sportage GT Line Mhev
                                                    Previous Cars
                                                    Peugeot 5008 Allure Premium
                                                    VW Touran SEL
                                                    Citreon C4 Picasso

                                                    #112734
                                                    Jane

                                                      Was the tiguan all space not on befor lock down?

                                                      #112737
                                                      NewYork1
                                                      Participant

                                                        Yes but the highest model was a 150bhp SEL 2wd manual. There’s alot of models of the Allspace not on the scheme. Higher powered engines with 4 wheel drive and auto gear boxes for example.

                                                        Current Car
                                                        KIA Sportage GT Line Mhev
                                                        Previous Cars
                                                        Peugeot 5008 Allure Premium
                                                        VW Touran SEL
                                                        Citreon C4 Picasso

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