Motability Cost Shock Starting July | Leicester News

Motability drivers brace for a major financial hit starting July 1st—new VAT on advance payments and possible Insurance Premium Tax could add up to £400 over a three-year lease. Existing leases are safe, but renewals will face steeper costs and tighter mileage caps at 10,000 miles annually, with 25p per mile for excess. While the scheme says this ensures long-term sustainability, many are caught off guard—and should check for VAT relief on new cars to ease the blow. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/258c1854bd8968af