Each quarter, we update the prices and choice of vehicles available on the Motability Scheme. This helps us offer great value and a wide range of vehicles for you to choose from.
- Why we update our prices quarterly
- How we set our prices
- What affects the price
- Our price freeze
- Helping you get the best price
Why we update our prices quarterly
The automotive market is always changing. Right now, things like rising production costs, supply chain issues and insurance prices are all having an impact. Our quarterly updates help us respond to these changes quickly, so we can keep giving you the best possible prices.
Read our recent article to learn more about what’s happening in the market.
We work closely with vehicle manufacturers to decide which vehicles to add to the Scheme and at what price. We work to get the best possible prices for our customers, so you can keep doing the things you need to do.
We also think about things like:
- Which vehicles are popular and would meet our customers’ needs
- Insurance, servicing and maintenance costs, which are all included in your lease
We agree prices with manufacturers based on a few key things:
- Manufacturer Recommended Retail Price (RRP): the base price set by the manufacturer
- The estimated value of the vehicle at the end of its lease period: this plays a key role in determining a vehicle’s Advance Payment (AP) and is influenced by market trends and demand
- The ongoing costs of running the Scheme and providing our customers with an all-inclusive package: we make sure we can give everyone comprehensive insurance, breakdown cover, servicing and maintenance support, as part of every lease
- When a customer’s lease ends, they return the vehicle to us, and we spend time refurbishing it to then sell it back into the used car market. All the money from the sale of these used vehicles goes back into running the Scheme
Reviewing prices regularly helps us make sure we can offer a steady supply of vehicles, so you’ll always have plenty of choice.
To give you peace of mind, we provide a ‘price freeze’. This means that the price of the vehicle at the time you order is the price you’ll pay, even if prices rise before your handover date.
This also applies to EVs. The government’s new electric car grant means the APs of some EVs could change outside of our quarterly price updates. But the price you pay will be the price you agreed at the time you applied.
Learn more about the government electric car grant here
As well as negotiating prices directly with manufacturers, our all-inclusive package helps us make sure we’re offering you the best value for money.
Every lease on the Scheme includes:
- Insurance
- Breakdown cover
- Servicing and maintenance
- Support with charging if you choose an EV
On average, leasing a vehicle through the Motability Scheme costs less than a similar lease elsewhere. And because everything is included in one package, from insurance to servicing, you do not need to shop around to arrange these services individually.
Learn more about the Scheme
Thousands of people use the Motability Scheme to stay mobile.
With us, you get a full package. We cover insurance, servicing and breakdown. If you choose a car or Wheelchair Accessible Vehicle (WAV), we cover your MOTs too. If you choose a scooter or powered wheelchair, we cover your maintenance instead.
Request information to see how we could help you.
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