Scrappage Scheme News
Despite the Good Start Will the Government’s Support Prove Too Little Too Late
A morale boosting set of initial sales figures have put smiles on the faces of UK car manufacturers and dealerships, as an increased number of consumers have flocked to showrooms since the Car Scrappage Scheme inception. The Government Business Secretary Peter Mandelson said the £300m initiative had “got off to a flying start” and was… »
Nissan Offer Trade In on Cars over 8 Years Old
In addition to already being signed up to the Government’s Car Scrappage Scheme, Nissan have gone a step further by giving owners of cars between 8 and 10 years old the opportunity of taking advantage of a £2,000 discount when they trade in their old car for a new Nissan.
The manufacturer, which makes over one… »
Car Scrappage Scheme – The Week That Was In Video
The Sky News article highlighted some interesting pointers for potential consumers…. »
Scrappage Scheme Is A Wiz For Baby Boomers
It’s our baby boomers, which are being driven to the Car Scrappage Scheme according to the UK’s largest dealership.
Retirees are flocking to showrooms having thought through the economics and opportunities on the UK forecourts. Trevor Finn, CEO of Pendragon has said the large proportion of interest in the scrappage scheme was coming from retired motorists…. »
Car Scrappage Scheme Risks and Pitfalls for Motorists
Motorists looking to trade in their old cars under the Car Scrappage Scheme launched today (18th May) risk being turned down because small print within the scheme requires the new car to be registered at the same address as the old vehicle.
Any motorist failing to do so will need to provide evidence… »
VAT Dispute Affects Scrappage Scheme Car Dealers
Car buyers planning on purchasing new cars through the Government’s Car Scrappage Scheme may find they’re unable to drive-off the forecourts when the scheme goes live on Monday 18th May, due to a VAT row between manufacturers and the Government.
Manufacturing bosses are claiming the Car Scrappage Scheme has plunged into chaos due to a Government… »
The Very Latest Car Scrappage Scheme Survey
The very latest Car Scrappage Scheme Survey is revealing over 50% of those surveyed and interested in the scheme are serious buyers.
Nearly 75% of those surveyed are looking to trade in their old motor for a new £10,000 or below model. It would appear dealerships offering attractive deals on the fuel efficient lower end market… »
Only 30% of Approved Treatment Facilities will benefit from the Car scrappage Scheme
Scrapped cars declared through the car scrappage scheme will go through the car manufacturer’s usual end-of-life treatment facilities rather than being offered to the whole scrappage industry. Therefore, only small proportion of the AFT providers will benefit.
The Department of Business Enterprise and Regulatory Reform (BERR) stated that cars will be dealt with as ordinary end-of-life… »
Parker’s Guide Survey Claims Consumers Cool on Car Scrappage Scheme
Kieren Puffet, editor of Parker’s Guide (the car price guide) have stated that many motorists are finding far better prices under existing car deals. “They (consumer) were hoping for a lot more from the government. In practice this scheme is just not working.” Claimed Puffet.
Parker’s surveyed 600 visitors to their web site and found that… »
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… »