Why doesn't Motability lease the cars?

This topic contains 8 replies, has 5 voices, and was last updated by Avatar Bandit 1 month ago.

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  • #85614 Reply
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    EVman

    Or do they?

    I mean why buy when they could take all the risk out by PCPing them themselves? With the risk gone they would not need to overcharge just in case. Just a thought! I appreciate you may have done this to death. šŸ˜

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  • #85616 Reply
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    POPS
    Moderator

    It’s basic economics.

    If you lease from a leaser there are two companies instead of one, having to take an operating profit out of your AP’s and monthly payments.

     

    #85618 Reply
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    Dragonfly

    No real point of leasing from another company mobility take the risk and profits themselves

    #85619 Reply
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    JS
    Moderator

    It would put the AP’s up by around 30%. The discounts and incentives Motability receive and buying power is one reason they are as competitive and value for money they currently offer.

    #85621 Reply
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    EVman

    Only ask as I’m following what people are saying about that electric MG and people are terrified about depreciation. Saying get it on PCP so MG take the risk.

    #85630 Reply
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    Wigwam
    Participant

    Apart from the reasons given above, who would they lease from? Motability is already the largestĀ fleet operator in Europe and almost twice the size of the next biggest, Lex.

    #85685 Reply
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    Bandit
    Participant

    IIRC, I read somewhere once that Motability are actually the biggest fleet lease operative in the UK (or was it EU? Can’t remember).

    #85689 Reply
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    Wigwam
    Participant

    You may have read it here Bandit. See the post above yours!

    #85814 Reply
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    Bandit
    Participant

    Lol, I remember it was in a magazine or paper Wigwam.

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