The £750 New Vehicle Payment will end for new customers on 3 January 2025

How it works
Anyone who orders their first car or Wheelchair Accessible Vehicle (WAV) by 3 January 2025 will qualify for the £750 New Vehicle Payment.

If you order your first vehicle from 4 January 2025, you will not be eligible for this payment.

You do not have to collect your vehicle by 3 January 2025, but you must have completed your order with your dealer by this date.

Scooter and powered wheelchair customers get a £100 New Product Payment instead, and we’ve also extended this to 3 January 2025.

You’ll only get this payment once, not every time you get a new vehicle.

You cannot get both the New Vehicle Payment and the New Product Payment.

When is it paid?
There are two ways to get the £750 New Vehicle Payment:

We can send this to your dealer

If the car you choose has an Advance Payment, you can send your £750 to your dealer to put towards this cost.

If your Advance Payment is more than £750, you’ll need to pay the difference to your dealer.

If it’s less than £750, we’ll send you the rest after you get your vehicle, to spend how you choose.

Your dealer will ask how you’d like to use your New Vehicle Payment when you’re ordering.

You can only use the New Vehicle Payment towards the cost of your vehicle’s Advance Payment. You cannot use it towards the cost of adaptations or optional extras.

We can send this to you

If you do not ask for your New Vehicle Payment to go your dealer, or you order a car without an Advance Payment, we’ll send this to you in full within a few weeks of getting your new vehicle.

We’ll send this by bank transfer if you’ve saved your bank details in your Motability Scheme online account. If not, we’ll send a cheque.

If you order a scooter and powered wheelchair, you’ll get the £100 New Product Payment instead, and this will be paid to you after you get your product.

source: https://news.motability.co.uk/scheme-news/weve-extended-the-new-vehicle-payment-to-2024-for-new-customers/?