Government Srappage Incentive

[clydeserani]

Hi. I am having difficulty finding out if the buyer must take the car on an HP agreement to be eligible to take advantage of the Scrappage Incentive...

Does anyone know.??

[Ethel]

HP or any other method of finance is nothing to with it.
You can pay cash if you wish.

[clydeserani]

Thanks Ethel.. i have been looking on a few Car Dealer sites and a lot of them are showing the Scrappage Incentive alongside HP agreements. Mibbe thats just how they advertise cars..I don't know..Ive never been in a position to buy a new car...

Cheers for the Info...

[Shazza36]

Just trading our old banger in using the Scrapage incentive doing it through a Vauxhall dealer and have not signed up for a credit agreement with them. Only conditions were: must have an MOT and must have been owned for a year, got a great deal with them

[markh1972]

if you cant get 2000 quid of a new car with haggling something is wrong...thats why this scheme wont work

[Shazza36]

No- you get �2000 off then haggle as well you really can't lose

[Bathsheba]

I'm going to give it a go over the weekend with my 21yr old Micra- some kind person in Chatterbank showed me a great offer on a Fiat Panda earlier today

[markh1972]

im afraid this car scrappage scheme wont work,well not for the english manufacturers anyway.......will the car companies really pass on the savings???secondly the only real companies we have now is jaguar and landrover amongst a few....so if you have a 10year old car and lets remember you have to have owned it for at least a year are you really going to go out and buy a 18000 upwards car because you get a couple of grand off....nah i dont think so

[markh1972]

and lets face it this so called scheme that is supposed to help us is only going to help foriegn companies....as for fiat i wouldnt touch them with a barge pole.......

[Ethel]

markh - �2k off a car that costs 7k or less new is quite a big discount, unlikely to get that by haggling.

�2k of a car �20k + is not much at all., but my guess is if you're driving an old banger worth a lot less than �2k, you can afford a �20k motor without or without the discount

[markh1972]

fiat stands for fix it again tommorrow

[markh1972]

i diagree ethel this scheme is supposed to help us........if youve been driving a car for the last 10 years chances are you have been unable to buy a new one because of the cost..........if i trade mine in now im only 28grand short of a nice range rover.....hows that supposed to help our industry??...it might help foriegn companies but not us

[markh1972]

plus id like to add there arnt many people running around with 10 year old cars as weve been a pretty affluent country up till now plus i think it finnishes in march of next year

[johnny37]

Am I correct in thinking most new cars are imported, even ones we think are British like Ford? If so, how will it help our car industry?

[jake-the-peg]

Mark there are quite a number of car manufacturers in the UK besides Jaguar and Landrover ( Both now owned by Indian Tata)

Alphabetically

Aston Martin, Gaydon
Bentley, Crewe
BMW, Oxford
Honda, Swindon
Jaguar, Birmingham
Jaguar & Land Rover, Halewood
Lotus, Hethel, Norwich
Land Rover, Solihull
Nissan, Sunderland
Rolls-Royce, Goodwood
Toyota, Burnaston
Vauxhall, Ellesmere Port


There are thousands of people employed directly and indirectly in the British motor industry

[jake-the-peg]

850,000 workers specifically.

The scrappage scheme is designed to try to encourage new car buying to help them keep their jobs which in turn means that the taxpayer is less likely to have to pay their dole!

The system is running in France, Germany and Italy and new car sales are up in all 3 countries.

In France new car sales had fallen 3.9% but rose 8.1% after the scheme's introduction

[markh1972]

well aware of your points jake.......ive been on the road today and havnt seen many cars 10years and older on the road,my first point,secondly the list you gave out there arnt that many in there of whose cars i could afford even with the 2 grand scrapage allowence......i mean a jag?a roller?an aston,a bmw etc etc

[Bathsheba]

What do you mean mdoo, you can't pay cash??

[DirtyHabit]

80% of cars sold in U.K. are imported, I believe. I am not convinced this scheme will benefit U.K. workers as much as those in the countries that sell us the cars.

I also wonder will the dealer actually scrap a ten year old mint condition,low mileage car or will they find a way of selling it...
I read that in some other countries, you take the car and get it scrapped and then you are given a voucher to take with you to your desired dealer.