As the end of your Motability lease approaches, it’s important to know what options are available to you. There are several choices to consider, so whether you’re looking to continue with Motability, would like to buy the vehicle you've been driving or if you've thinking about exploring other mobility solutions, keep reading to find out what all your options are when your contract with Motability is coming to an end.
This is what most people decide to do. You can choose a new Motability vehicle when you're nearing the end of your current lease.
Three months before your lease ends, you will be contacted by Motability informing you that it's time to select a new vehicle.
However, you must have at least 12 months left on your qualifying Mobility Allowance to be able to order a new vehicle. If you don't, you may be able to extend your current lease (more on this further in this article) whilst you await your new award's confirmation, or place a new application on the Scheme.
As the three-month mark approaches:
For more help on choosing a new Motability Scheme vehicle, check out our guide to Choosing A Motability Car.
Two months before your lease ends:
One month prior to your lease ending:
Choosing your next Motability Scheme vehicle should be a fun and exciting process, and there’s a huge variety of different models to choose from. You’ll also have access to the same benefits as before, such as insurance for up to three drivers, servicing and maintenance plus a mileage allowance of up to 20,000 miles a year.
If you do decide to lease another vehicle, you'll want to know more about the £750 New Vehicle Payment. You can find more information about the New Vehicle Payment here.
Motability recently made the decision to allow their customers to use the New Vehicle Payment to directly offset the Advance Payment of a new Motability Scheme vehicle.
This means you can reduce the Advance Payment or even potentially eliminate it altogether, as customers now have the option to send all or a part of the New Vehicle Payment directly to the dealer.
If the Advance Payment for your vehicle is more than £750, you’ll need to pay the difference between the New Vehicle Payment and your Advance Payment amount. If less than £750, Motability will send you the difference within a couple of weeks of you receiving your new vehicle.
If you’re happy with your current Motability vehicle and it still fits your needs, you may be able to extend your lease. You can usually request a lease extension for three reasons:
1. You need to submit a new Mobility Allowance application.
It may be possible to get a short lease extension if you are awaiting renewal of your Mobility Allowance award or have started a new application.
2. The vehicle's mileage is below 15,000.
You may be eligible to keep your current vehicle for an additional one or two years if you have driven fewer than 15,000 miles when your Motability Lease is about to end. You can request this extension three months prior to the end of your lease. If you qualify, your annual allowance will still be 20,000 miles, and your agreement will proceed as normal. You can make this request via the Motability Scheme online account or by contacting the Motability Customer Service team.
3. Adaptations have been made to your vehicle.
Finally, if your vehicle has specific adaptations installed, such as electronic accelerators, rooftop hoists, or swivel chairs, then you may be able to extend your lease for up to two years. If the lease extension is approved, you’ll still receive an annual allowance of 20,000 miles, and your lease will proceed as usual.
It's also worth knowing that if you have ordered a new Motability vehicle but it hasn't arrived in time, Motability will automatically extend your existing lease until it's time for the handover.
In summary, extending your lease allows you to keep your existing vehicle and benefit from the peace of mind that comes with being a Motability customer, as well as access to all the same benefits as before.
No longer need your Motability vehicle? You can simply leave the Motability Scheme and return your vehicle at the end of your lease.
You'll need to factor in the below:
By returning your vehicle, you will have your full Mobility Allowance reinstated (currently £71.00 per week, or £79.25 a week if you receive The War Pensioners' Mobility Supplement).
If you're looking to explore other mobility solutions, there are of course many options available to you, from buying a car outright to owning a new or second-hand Wheelchair Accessible Vehicle (WAV).
When considering other routes, it's important to think about your individual needs and requirements. For example, if you need a vehicle for work, you may need to consider a solution that allows you to travel longer distances or carry more equipment. For other people, using a taxi or the bus is a more cost-efficient option. Everyone is different, so make sure you take the time to discover all your options.
If you do decide leave the Motability Scheme and later regret it, re-joining is always an option.
As you approach the end of the lease (or if you've had your qualifying Mobility Allowance stopped part way through the agreement), it is possible to buy the vehicle that that you've been driving.
If you get in touch and ask, Motability will provide you with a personalised quote for you to purchase the vehicle directly from them. You can only ask them for a price in the final three months of your lease, and they will not negotiate on the price.
If you decide to buy your Motability car but you also want to stay on the Motability Scheme, you can still order another vehicle (as long as you’re still eligible).
Looking after your Motability vehicle is important. If you placed an order for your vehicle prior to October 2022, and return it at the end of your lease without any significant damage, Motability may reward you with £600 (or £900 for WAVs), thanks to what they call the 'Good Condition Bonus'.
The Good Condition Payment replaced the Good Condition Bonus on 1st October 2022, and applies to all Motability vehicles ordered after that date. It's now £250 for a standard three-year lease and £350 for a five-year lease.
If you ordered your current vehicle before 1 October 2022, you still qualify for the Good Condition Bonus and the higher amount.
At the end of your Motability vehicle lease, you have several options to consider. Whether you want to renew your lease, choose a new vehicle or return your vehicle to explore other mobility solutions, such as a Wheelchair Accessible Vehicle (WAV), there should be something to suit your needs.
By considering your individual requirements and weighing up your possibilities, you'll find the right solution for your lifestyle and budget.