Europe's largest fleet has established a new end-of-contract vehicle inspection service to protect its residual values.
Motability Finance Limited has appointed RAC Business Services to manage inspections of its end-of-contract vehicles. Inspectors will assess up to 70,000 vehicles a year under the contract to keep a tight watch over the disposal value of vehicles and the effect of fair wear and tear costs.
MFL is the business arm of disabled charity Motability, and runs a fleet of about 370,000 vehicles. RAC inspectors will examine MFL vehicles at the end of their Motability lives and before they are sold as secondhand cars, compiling reports on any damage that needs to be repaired or paid for by drivers. The inspectors will compile the reports on hand-held computers programmed with a bespoke damage assessment system.
Mr David Gavin - 05/04/2017 11:24
Ahh believe when car is given back as my own will with only 10 k on and immaculate on its original tyres and brakes that its resale value is at the top end of its value that the fact very little has been outlaid on it the customer should receive a higher condition bonus than one that has covered 60k had two sets of tyres and far more servicing and value being much less. I have been on the scheme since 2000 and passed each time as condition excellent its should be changed. I was in motor trade all my life and no for a fact a 10k car will fetch a much higher price than an average condition car with 60k on fact .