Good condition bonus
66Mustang
Community Member Posts: 15,423 Championing
I have just taken out a Motability vehicle lease. My award for PIP lasts for just over 2 years so obviously it will need to be re-assessed before the car goes back. I’m just wondering, if I lose my PIP and have to hand the car back early, do I still get a good condition bonus - perhaps a reduced one as I wouldn’t have had the car for 3 years?
Just wondering as it was a struggle to get the PIP award and I am anticipating the same in 2 and a bit years.
Many thanks if anyone knows the answer.
Just wondering as it was a struggle to get the PIP award and I am anticipating the same in 2 and a bit years.
Many thanks if anyone knows the answer.
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Comments
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Hi,No, if you have to hand the car beck before the end of the 3 years then you will lose the good condition bonus.If you paid an advance payment then you may have some of that back on pro-rota basis but it will depend on how much you paid to start with.In the meantime enjoy your car, when you receive it.2
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Thanks
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