Motability Extends £750 New Vehicle Payment Deadline to 3 January 2025 for New Customers

The New Vehicle Payment is a one-time £750 grant designed to help new customers secure their first car on the Motability Scheme. Originally set to end on 31 December 2024, the deadline has been extended to 3 January 2025.

Already a Motability Customer?
This extension won’t affect current customers. If you haven’t received the New Vehicle Payment yet, you’ll still be eligible for it with your next car order, even if that’s after 3 January 2025.

Eligibility and How it Works

• Eligibility: Place your first car or Wheelchair Accessible Vehicle (WAV) order by 3 January 2025 to qualify for the £750 New Vehicle Payment. If you order from 4 January 2025 onward, the payment will not apply.
• Order Completion: The vehicle doesn't need to be collected by 3 January 2025, but your order must be finalized by that date.
• Scooters and Powered Wheelchairs: For these customers, there’s a £100 New Product Payment, also extended to 3 January 2025.

Note: The New Vehicle Payment and New Product Payment are single-use only and cannot be combined.

Payment Options

1. Applied Toward Advance Payment

• If your car has an Advance Payment, the £750 can be applied directly with Sherwoods toward this cost. If your Advance Payment exceeds £750, you’ll only need to cover the difference. If it’s less, we’ll send you the remaining balance once you receive your vehicle. This payment can only go toward the Advance Payment and cannot be used for adaptations or optional extras.

1. Direct Payment to You

• If your car doesn’t have an Advance Payment or you don’t request the amount be sent to Sherwoods, we’ll transfer the £750 to you directly, within a few weeks of receiving your new vehicle. For convenience, the payment will be sent via bank transfer, otherwise, you’ll receive a cheque.

For scooters and powered wheelchairs, the £100 New Product Payment will be issued after receiving your product.