Motability Lease Extensions Reduced to Six Months
- Motability customers coming to the end of their lease will receive an automatic six-month extension. This is effective until 15th August 2024.
- Previously, the automatic extension lasted for two years. However, improvements in vehicle supply chains mean this is no longer necessary.
- You don't need to take any action. The Motability Scheme will handle everything, keeping you informed throughout.
Motability has recently announced a change in its lease extension process for customers. The period for automatic lease extension was initially shortened from two years to six months, however from 15th August, the Scheme will no longer offer six-month automatic lease extensions. This is due to improvements in vehicle availability and delivery timescales.
Read on to learn more about lease extensions, and what this could mean for you.
What is a lease extension?
An automatic lease extension is the continuation of a Motability agreement beyond its original term.
This is currently triggered if the leaseholder hasn't selected a new vehicle or made other arrangements by the end of the lease.
The extension enables individuals to keep using their vehicle without losing cover.
During the extension, you can search for your next vehicle and order it at any time. You don’t have to wait until the extension period ends.
Visit your Motability online account to check your current lease status. Need help setting up your online account? Check out our handy guide.
Why has the automatic lease extension changed?
The automatic extension changes are due to improvements in new car supply chains. Essentially, customers don’t have to wait as long to access new vehicles.
Motability may allow extensions in certain individual circumstances. Customers must request this via their online account or by contacting Motability on 0300 456 4566.
How can I request a lease extension?
If your lease is ending soon and you wish to extend it, the easiest way to check your options is in the 'Current lease' section of your online account.
Find your next Motability car at Macklin Motors
If your Motability lease is ending soon, we offer a wide range of vehicles for your next lease.
Choose from the following manufacturers:
With various styles, engine types, and transmissions available, there is something for everyone.
Check out our latest offers or book an appointment with a Motability Specialist at your local dealership.