Car Scrappage Scheme – Latest Survey Results

The latest Car Scrappage Scheme Survey has revealed some intriguing statistics. 70% of those surveyed are eyeing deals offered by dealerships by looking to trade in their old motor. It could be a summer of activity in the showrooms.

Potential punters appear to be looking at deals amongst the lower market brands, such as the Ford Ka. And always one for a deal, our UK consumer is finding that the scrappage scheme discount of £2,000 is a larger percentage of the overall purchase price for an economical car compared to the higher market models, therefore offering better value.

Furthermore, punters may also be finding that car loans for smaller sums are easier to secure with lenders.