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Thread: buying a used car on motability scheme

  1. #1
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    buying a used car on motability scheme

    Hi All
    Im new to this forum having just been awarded high rate dla could someone please tell me if i wanted to purchase a used car what the conditions are and if there has to be a credit check.
    Thank You So Much

  2. #2
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    EDIT:

    See post below regarding HP agreement...
    Last edited by Paul; 08-16-2012 at 12:18 PM. Reason: New info regaring HP
    Motability Car History
    05/2009-05/2012; Nissan Qashqai 1.5 Diesel Tekna; 36,500 miles; avg 41.1mpg (34.2 - 56.5mpg)
    06/2012-Present; Ford C-Max 2.0 Diesel Titanium Powershift; 29,200 miles; avg 37.9mpg (33.6 - 56.7mpg)

    Click here to send me an email with any private Motoring questions you may have. Replies usually within 48hrs

  3. #3
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    I hope this helps someone else… I am writing this and posting it around a few site because I found it so hard to get any solid information on the Motability HP subject.

    I wanted to buy a car on HP so I would have an asset at the end of my payment period. It broke my heart watching the last lease car retuned to the dealer after I was £7,500 worse off with no tangible asset for my considerable outlay.

    There seems to be a common misconception that the Motability HP deal is no longer available.

    WRONG!

    Motability are happy to let people perpetuate this, as financial the lease deal works heavily in their favour. They get a well maintained, low mileage vehicle returned that has already had £7,500 paid off of its initial value. There are very few affordable motability cars that are going to lose that much value in their first 3 well maintained and regulated years of use…

    I collected a 3 year old Citroen C3 Picasso with 13k on the clock on a HP deal (not Lease), in exchange for my full allowance over 4 years. Just this week (August 2012)!

    I understand that I have to insure, service and maintain the vehicle myself for the 4 year period, but working on the basis that these costs will be around £600 - £800 per year (£12-£15/week) £2000 - £3000 in total. The vehicle value at the end of the HP agreement will be at the very least worth the £2000 - £3000 you have paid, and possibly considerably more.

    Insurance cost will be the key factor in this equation. We found that after using the RSA insurance for four year, that came with the Motabilty lease car we had last. We had no credible no claims bonus (NCB) as all the insurers class the RSA cover as Fleet insurance or something similar. We even tried the Fish disabled drivers site recommended on various sites, they said “Oh Yes! We accept your 4 years NCB from RSA” and then quoted me exactly the same price as the comparison sites that were quoting for 0 years NCB….Fishy! They did say they specialised in adapted vehicles. DO THEY?

    We paid £600 for two 40 year olds with pristine details, just no NCB. This drops by over £200 next year and down to £300 in the 4th year.

    £600+£400+£350+£300 = £1650/4 = £400ish/year.

    Add on another £200 - £400 / year for MOT , Servicing and perishables. Breakdown cover is included in the cars warranty, most insurance deals, Bank account (strangely) and is only £40 a year if you somehow manage to avoid it elsewhere.

    All vehicles that fall within the age/mileage criteria here are very unlikely to need any major work, (gearboxes, clutches, timing belts) doing. Not impossible of course, but theses are “generally” 80,000 mile + problems. And many major mechanical defects are covered by the warranty I took out when I purchased the car.

    -----------------------------------------

    This is the only reference I found to the scheme anywhere on the motability site... Practically anywhere online.

    Hire Purchase
    Almost all of our customers opt for contract Hire, which includes all the benefits of our
    worry-free leasing package. it is possible to buy a car outright using Hire Purchase, but this
    does not include insurance, servicing, maintenance and breakdown cover. if you would like
    further information on this, please call our customer Services team on 0845 456 4566


    Check the link below and look 6 pages from the bottom above the full page picture of a chap in a flat cap in a wheelchair...

    http://www.motabilitycarscheme.co.uk...lity%20car.pdf

    Call the number above to discuss the details, but here are the basic criteria you need to fulfil.

    The car you want to purchase must...

    1- Be from any approved Motability dealer.

    http://motability.directenquiries.co...indDealer.aspx

    Don't forget to check out all the motability dealers in your area, start with a small radius search for all manufacturers and then gradually increase the radius checking each dealers stock as you go. I was set on a Citroen C3 Picasso, and spent 2 days trawling through the UK Citroen dealerships only to find the local Vauxhall dealer (Bristol Street Motors) had the car i wanted advertised online. It was 200 miles away in another of their showrooms, but they brought it to the local garage free of charge. Back of the Net!

    2- Be No older than 7 years at the end of the HP agreement.

    3/4/5 year hp deals are available, so the car you want has to be younger than 2 years for 5 year HP deal, Younger than 3 years for 4 year deal and 4 years for 3 year deal. It is critical to pay attention to the Month of registration here. You need to ensure the car isn't 25 month old for 5 year deal etc.

    3- Be below 45,000 miles whatever age the car is.

    Absolutely not 45,001+ i was told.

    4- Fit the following price criteria.

    5 year deal max loan £11,407 @ 8.9%
    4 years deal max loan £9,406 @ 9.5%
    3 years deal max loan £7,274 @ 10.4%

    These interest rates are very reasonable. I did some research and there were one or two lenders that beat them by a couple of %, but you have to have an international AAA+++ credit rating for these rates and a hefty income. Lolol…60%+ with a poor rating!!!

    http://www.moneysupermarket.com/loans/

    I guess you can buy any price vehicle you want if you are able to pay the excess at the start of the agreement. ie. We paid £8,985 + £500 warranty (non negotiable on HP deals???) Total £9,485 over 4 years. I had to pay the £79 balance when i picked up the car.

    When you go to buy the car.

    You need to take along.

    1- Letter of entitlement to the Higher Rate Mobility Component of the Disability Living Allowance. - I’m not sure about War Pensioners' Mobility Supplement, but I would guess it’s the same. I know that some people are only awarded a finite allowance that runs for a few years, whereas I have a permanent allowance. This could prevent people on short term awards from qualifying for the HP approval.
    2- Driving Licence. - Both parts, paper and plastic.
    3- Proof of Address – Recent (3 months) Utility bill, Council Tax, etc. We struggled a bit here as everything is electronic now, but came up with a council tax thingy that was accepted (He had my driving licence???).
    4- Insurance quote – This has to be for the specific vehicle you want to purchase, but is easily printed off from any of the comparison sites (confused.com was the best for us), and it only has to be a quote, not an actual policy. If you can’t see the vehicle Registration number on a web page just call/email the dealer for it. Its easier to get the quote with the Reg. No.

    http://www.confused.com/car-insurance

    We did find resistance and ignorance of this HP deal still been available at several dealerships, but hold your head high, look at the dealer with a little frown and tell them they are wrong, and they need to call the 0845 456 4566 number if they are still unsure.

    As I said before, we used Bristol Street Motors - Pity Me. (Yes! It’s a real place… Google it!) and they are a nationwide dealer that were great to deal with at all stages. Cheers Greg. (Was that warranty non negotiable? WAS IT?).
    It might not be a bad starting point for anyone else that has one of their branches locally.

    http://www.bristolstreet.co.uk/

    Have I covered everything? Probably not. Ask me I might know…

    manidoogan@hotmail.co.uk

    Probably not… but I might.

    This is my spare email addy, as I don’t want my main one full of organ enhancement advice TYVM. I only check this weekly? So please don’t put any of your eggs in my basket.

    Kindest Regards and Happy car hunting – Mani.

    PS there is no credit check. It is unnecessary as your allowance is never in your hands.
    Last edited by Fluffy Bubble; 08-13-2012 at 05:42 PM.

  4. #4
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    Thanks for that info.

    They are very deceptive and I couldn't find anything on their website when I looked or in any of my paperwork.

    I've edited my above post so as not to confuse people.
    Motability Car History
    05/2009-05/2012; Nissan Qashqai 1.5 Diesel Tekna; 36,500 miles; avg 41.1mpg (34.2 - 56.5mpg)
    06/2012-Present; Ford C-Max 2.0 Diesel Titanium Powershift; 29,200 miles; avg 37.9mpg (33.6 - 56.7mpg)

    Click here to send me an email with any private Motoring questions you may have. Replies usually within 48hrs

  5. #5
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    good post, fluffy bubble

  6. #6
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    Fluffy Bubble.

    When buying your car through Hire Purchase are you down as the registered keeper on the log book ?

  7. #7
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    I think you are from memory (when my wife bought a car this way), but you may not be the owner - that would be the HP company.
    Motability Car History
    05/2009-05/2012; Nissan Qashqai 1.5 Diesel Tekna; 36,500 miles; avg 41.1mpg (34.2 - 56.5mpg)
    06/2012-Present; Ford C-Max 2.0 Diesel Titanium Powershift; 29,200 miles; avg 37.9mpg (33.6 - 56.7mpg)

    Click here to send me an email with any private Motoring questions you may have. Replies usually within 48hrs

  8. #8
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    very few now go the HP way

  9. #9
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    I know it`s not the norm Littlebib - but I`m sure I`ll lose my mobility allowance when they come to assess me for this new PIP - so I don`t want to be stuck without a car or having to find money to buy a new one - when I`m going to be down a couple of hundred pound a month as it is.

    Atm I have a car to part exchange - a little bit saved so will only be about £6-8k shortfall on a really decent 2nd hand Qashqai - so hopefully will have paid for it in full when the PIP comes into force.

  10. #10
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    I'd have a look at other finance companies too then.

    From memory Tesco Finance and Sainsbury's Finance both accept your DLA as payment, there are probably others so you might need to shop around.
    You will probably get a better rate from elsewhere.
    Motability Car History
    05/2009-05/2012; Nissan Qashqai 1.5 Diesel Tekna; 36,500 miles; avg 41.1mpg (34.2 - 56.5mpg)
    06/2012-Present; Ford C-Max 2.0 Diesel Titanium Powershift; 29,200 miles; avg 37.9mpg (33.6 - 56.7mpg)

    Click here to send me an email with any private Motoring questions you may have. Replies usually within 48hrs

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