New Motability Prices Q4 Autumn 1st October 2017

The Automotive world is changing at an alarming pace.

The UK Government decreed no diesel or petrol cars to be sold after 2040 (2032 in Scotland) and all to be off the road by 2050. Volvo have announced that from 2019 all new models will be either Hybrid or Electric powered, Jaguar Land Rover, who presently do not manufacture any Electric or Hybrid cars, have said the same from 2020.  At the same time ‘war’ has been declared on Diesel, the obsession with lowering the carbon dioxide (CO2) output, which diesel engines were able to do, overlooked the dangerous particulate matter (PM) and nitrogen oxide (NOx) that was being pumped into the air. London have announced from 23rd October 2017 all diesel vehicles that are pre Euro 4 (2005) will incur a £10 daily charge alongside the present congestion charge (blue badge holders are exempt but do have to register their vehicle prior to travel) and from 2020 the The Ultra Low Emission Zone (ULEZ) zone will charge petrol cars more than 13 years old, and diesel cars over four years old.

 

Car Sales figures

New car registrations fell for a fifth consecutive month, Diesel sales have taken the biggest fall, down 21.3 per cent for the month of August and 11.5 per cent for the year in total. Demand for AFVs rose by 58.3 per cent compared to last August. Alternative Fuel Vehicles now have a 4.4 per cent market share in the UK. Of more relevance to the Motability Scheme is how individual Manufacturers are faring; 80% of private car registrations are on a ‘pay to drive’ Lease as apposed to a ‘pay to buy’ basis, the more ‘premium’ brands with slower depreciation, Audi, BMW, Mercedes, VW, see sales holding up well, while Fiat, Citroen, Vauxhall and Ford all suffer reductions in August of over 20% from the previous year. Sadly in order to combat falling sales instead of reducing the retail price, which would have enabled more cars to be available to Motability customers due to the cap of £28 000 for Manual gearbox vehicles and £29 500 for Automatics, have introduced a scrappage scheme for customers to trade in their old cars. Manufacturers that have invested heavily in Electric and Hybrid technology Nissan, Toyota and Honda have seen an increase in sales. Seat and Skoda, that benefit from the range of excellent VW petrol engines, have seen a boost in sales through August, Seat by an astounding 22.91% for August 2017.

 

Motability Prices Q4

New Motability Prices

Throughout Quarter 3 we have started to see enticements come through, Mini have been offering up to £1000 off AP within some dealerships and a number of Hyundai dealerships offering £250 off, with dealerships struggling for sales we will see more of these through Q4. Skoda and Seat’s positive sales figures have led to a lengthy delay in delivery for some models, the Alhambra is being quoted at a near six months wait so we expect no offers from these two. Ford and Vauxhall are still the ‘big two’ for sales volume and will be under pressure from their Dealerships to offer a pricing incentive to Motability Customers in order to keep their showrooms buzzing as will Citroen, Fiat, Renault and Mazda. We are optimistic that Q4 will bring some good discounts and excellent incentives from Dealerships and Manufacturers, we will keep you updated on all developments.

 

 

Price Cap

January 2017 gave us a new retail price cap of £28 000 for Manual gearbox vehicles and £29 500 for Automatics and an instant cull of 335 vehicles, in order to provide customers with cars that offer a high seating position and room for a large family the Seat Alhambra and Ford Galaxy are on the Scheme with certain trim lines priced over this cap figure.

We will update you on all the movements (up and down) on this page, we will continue to post the War Pension (WPMS) prices alongside the DLA/PIP prices. WPMS weekly payments increased on the 10th April by 65p per week to £64.80 compared to a 55p weekly increase to DLA/PIP to £58.00. Advance Payments are around £1000 less than those of DLA/PIP.  Even with this extra award there are no more cars available to War Pensioners.

Every movement up or down on the previous price can be tracked with our little arrows. means the price has increased (if you place your mouse on the arrow you can see by how much the price has increased) and if the price has decreased you will see a green arrow Price reduced from previous quarter price or is there is no change in price the arrows will be side by side .