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Motability takes £565 million blow as costs soar

Autocar

Motability Operations, the company behind the Motability charity, buys cars and leases them to people with a qualifying disability allowance for 75.75 million pre-tax loss for 2024, a huge drop from the 748m profits it recorded in 2023. billion in 2023 to 6.9bn last year. Currently, this is set at 750.