14 March 2010

Motability Drives Keynes

Check out the stats from the motability media centre:

"1. Motability Operations is a not-for-profit company that runs the Motability Car Scheme and is owned by the major banks: Barclays Bank plc, Lloyds Group plc, HSBC Bank plc and Royal Bank of Scotland plc.

2. With over 600 staff across sites in Bristol and London, the company has an annual turnover of over £2.2 billion.

3. The current Motability Car Scheme fleet is over 500,000 vehicles, the largest in any European country.

4. Motability Operations buys 7% of all new cars in the UK across 37 different manufacturers and over 4,000 makes and models are represented on the Scheme.
Cars are sold via 4,500 accredited dealerships throughout the UK and Ireland.

5. Any surpluses are reinvested into the Car Scheme to allow Motability Operations to provide affordable, trouble-free motoring solutions to its customers. 97% of customers would recommend the Car Scheme to a friend.

6. The Motability Car Scheme is open to anyone who receives the Higher Rate Mobility Component of the Disability Living Allowance or the War Pensioners' Mobility Supplement. The allowance is paid directly to Motability Operations and covers the lease cost of a new car.

7. Motability Operations operates the Car Scheme for disabled people under contract to the charity, Motability.

These stats are astounding. A substantial part of the car market is being propped up by this scheme.

If you can't afford a car this may be why.

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