There are vehicles available with no Advance Payment, as well as vehicles where you’ll need to make an Advance Payment at the start of your lease.
Here, we explain when we update our prices, what affects them and what happens to the price once you place an order.
When we update our prices
We update our prices four times a year, on 1January, 1 April, 1 July and 1 October.
Vehicle prices, supply and availability can change throughout the year. The costs of things included in your all-inclusive lease package, such as insurance, servicing, maintenance and repairs, can change too.
Updating our prices every three months means we can reflect these changes, and provide a stable price for the rest of the quarter. Prices normally stay the same for the quarter.
In exceptional circumstances, we may need to make a change between our quarterly updates.
What affects our prices and Advance Payments
Your Motability Scheme lease includes more than the vehicle. Insurance, servicing, maintenance and breakdown cover are included too, so we consider the overall cost of providing the lease when we set our prices.
This includes:
- the price of the vehicle
- what we expect it to be worth at the end of the lease
- vehicle supply and availability
- insurance costs
- servicing, maintenance and repair costs
- breakdown cover
- the costs of running the Scheme
We work with vehicle manufacturers to agree which vehicles are available and the prices we can offer them at.
Your allowance goes towards the cost of your lease. There are many vehicles available with no Advance Payment. For other vehicles, if the cost of the lease is more than your allowance covers, you’ll need to make an Advance Payment.
When we update our prices each quarter, Advance Payments can go up, go down or stay the same as these costs change.
Why some vehicles join or leave the Scheme
The vehicles available on the Scheme can also change each quarter.
Manufacturers regularly update their ranges, introduce new models or stop producing certain vehicles. The number of vehicles they can supply can change too.
We consider this alongside what customers need and the prices we can agree with manufacturers.
Our aim is to offer a wide choice of vehicles to suit different mobility needs and budgets, but this means a particular vehicle or model might not always be available.
The most up-to-date place to see what’s currently available is our Find a vehicle tool.
What happens to your price once you order
Once you order your vehicle, the price you pay is locked.
If the vehicle’s Advance Payment changes after you order but before you collect it, our price freeze means you will not pay any more.
This gives you more certainty about what you’ll pay while you wait for your new vehicle.
Check current prices before you order
Prices and availability can change each quarter, so make sure you check the current details when you’re ready to choose your next vehicle.
Our Find a vehicle tool shows the vehicles available to order now and their current Advance Payments.
