Scrappage scheme means ‘small car bargains’
The government’s car scrappage scheme, which was launched earlier this week, will benefit those buying small cars the most, it has been claimed.
According to consumer publication Which? Car, those buying a small city car or supermini could save around 20 per cent if the car’s list price is £10,000 or less.
Drivers looking to benefit from the £2,000 discount on new cars must be trading in a vehicle that is ten years old or more.
A motorist looking to buy a new Volkswagen Fox, for example, could drive away for as little as £4,845.
Commenting on the scheme, Richard Headland, editor at Which? Car, said that although those buying small cars can benefit from the scheme, drivers wanting a bigger vehicle should consider their options.
"On more expensive cars, shop around for a bigger scrappage discount or check if buying second-hand is cheaper. If so, it may pay to sell your old banger instead of scrapping it," he added.
In related news, car bulb customers may be interested to learn that the new Ford Fiesta was named as the best small car at this year’s Fleet World Honours awards.
I think the scrappage scheme is great !
Willie
I agree with Willie the scrappage scheme is great rewarding people for scrapping there useless vehicles
The scrappage scheme does seem like a very good idea i must say. I recently went to ford to purchase a brand new vehicle and it just so happened that my car was over 10 years old and had a full MOT and was taxed as it was being used, but to my surprise the vehicle I wanted was not in the scheme so I couldnt have the car I wanted, in the end I bought the car I wanted and scrapped my older car and got about £85. So I thought I would share my experience of the scheme, although I have heard that most people rate the scheme and do actually save themselves a lot of money.
I think this is a great plan. Encouraging small car purchasing will reduce emissions and petrol use.
This was great but it only lasted so long !!!
A scrappage program is a government budget program to promote the replacement of old vehicles with modern vehicles. Scrappage programs generally have the dual aim of stimulating the automobile industry and removing inefficient, high emissions vehicles from the road. Many European countries have introduced large-scale scrappage programs as an economic stimulus to increase market demand in the industrial sector during the global recession that began in 2008.
Scrappage programs were touted with different names, mostly referring to an environmental benefit. The Vehicle Efficiency Incentive in Canada was based on fuel-efficiency of cars. In Germany the economic stimulus program was called “Umweltprämie” (environmental premium) and in Austria “Ökoprämie” (eco-premium) while most of the public referred to it simply as “Abwrackprämie” (scrappage premium). Other countries have not tried to connect the program title with an environment aspect – still the Italian “Incentivi alla rottamazione” (scrappage incentives) and French “Prime à la casse” (scrappage premium) require the new car to meet modern emission standards. The German scrappage incentive scheme and the British scrappage scheme do not have such requirements, and the UK scheme was openly sketched on the target to provide financial support to the motor industry. Similarly, the United States Congress devised a scrappage scheme, commonly referred to as “cash for clunkers,” as part of a general Automotive Stimulus package series; however, the voucher is only given when the newer car has a better fuel efficiency than the old car.
Great scheme, I like it a lot
What a really great scheme I have to say.
Great info on this site I found it to be very useful
bRILLIANT SCHEME REALLY BOOSTED THE ECONOMY
hi I think the scheme is a good idea as it takes a lot of the older cars and vans off the road witch cant be a bad thing
simon
It is a shame that they stopped it really I think it gave the car industry a real boost. I am not sure if anyone else has noticed since the car scrappage scheme, they have now came up with toy scrappage scheme, boiler scrappage scheme and now window scrappage scheme. What ever happened to plain sales !
It certainly made a lot of people buy new cars but not sure if it was really in their best interest. Should someone who previously owned a 10 year old scrap car really be talked into buying a 10k vehicle?