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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 It has become a major player in the UK car market since its 1977 foundation and now has a fleet of 815,000 cars. billion in 2023 to 6.9bn last year. Currently, this is set at 750.

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Electric Van leasing leapt 36%, says leasing.com

Motor Trader

Electric van leasing enquiries increased by 36% last year, according to Leasing.com. By the end of 2025, EVs are expected to exceed 35% of the leasing market due to strict emissions targets and an increase in the number of models available. Monthly business van lease payments fell 15%, while personal leases fell 12%.

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Mitsubishi Triton Loses Payload Capacity To Gain More Buyers In Australia

Carscoops

All trims of the Australian-market Mitsubishi Triton are fitted with a 2.4-liter As reported by our colleagues at CarExpert , the novated lease is a three-way agreement between the lease, their employer, and a finance or leasing company. liter four-cylinder turbodiesel engine, generating up to 201 hp (150 kW / 204 PS).

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Ford Enters EV Price Wars, Cuts Mustang Mach-E Prices By Up To $8,100

Carscoops

. “As we continue to adapt to the market to achieve the optimal mix of sales growth and customer value.” Additionally, leased vehicles qualify for a $7,500 cash incentive, which is applied to reduce the lease payment.

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Market sees surge in demand for short terms leases as costs fall

Motor Trader

Enquiries for 18-month van leases have surged in the last year, jumping from just 0.6% in 2023 to 16% of the market. The latest Leasing.com Insights Report said the rise in short-term van lease enquiries reflects a broader shift toward flexibility and cost-efficiency in the UK leasing market.

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Toyota launches subscription-style service for its new electric vehicle

Drive.com

This news comes amidst buyer concerns about the depreciation value of electric vehicles – with Toyota Australia’s sales and marketing boss Sean Hanley previously telling Drive depreciation was factored into the decision to launch this leasing program. per cent of the total lease payment, making the $1473.80

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What is novated leasing, and how does it work?

CarExpert

Making lease payments before tax is deducted reduces your obligations by $3300 per annum or $16,500 over a five-year lease period. While five years is the period chosen in this example, generally novated lease providers let you opt for periods between one and five years. So, should you consider a novated lease?