Tag Archive
Scrappage Scheme Drives Car Sales to First Rise in Over a Year
New car sales in July rose year on year for the first time in 15 months as the Government’s Car Scrappage Scheme encouraged more buyers back into dealerships. Registrations rose 2.4%, the first rise since April 2008 and the Society of Motor Manufacturers and Traders (SMMT) were quick to declare the car scrappage scheme as… »
Toyota Respond to Claims by Parkers and Times Online
Following our previous Car Scrappage article concerning the Times Online claims that manufacturers and dealerships are offering higher interest rate loans for some Scrappage Scheme deals, together with Parkers’ opinion that buyers would be better off avoiding the Scrappage Scheme altogether, the Car Scrappage Team decided to look further into these comments. And we weren’t impressed.
We specifically assessed the Times Online claims regarding Toyota’s Scrappage… »
Parkers Still Don’t Understand The Scrappage Scheme
The Times Online have reported that manufacturers and dealerships who were previously offering loans to prospective buyers at interest rates below 4%, have been increasing said rates to over 10% for some Car Scrappage Scheme deals.
It is alleged by Parker’s car price guide that potential buyers would achieve a better overall deal by ignoring the… »
Top 10 Selling New Cars for May
Figures released this week by the Society of Motor Manufacturers and Traders (SMMT) gave support to the theory that the UK Car Scrappage Scheme, which launched on May 18th is attracting the interest of new car buyers to the cheaper end of the market.
New car sales data published for May shows a shift towards the £10k… »
Car Scrappage Arrives Too Late To Save May Sales
The official stance is that it will take time for the Car Scrappage Scheme to take full effect, but the latest industry sales figures have raised a few eyebrows.
The Society of Motor Manufacturers and Traders (SMMT) have revealed UK car sales for May 2009 plunging 24.8% to 134,858 compared to May ‘08. Furthermore, this is… »
From Scrappage to the Ultimate Driving Machine
Order a new BMW 116i Sport with BMW Select finance now and take advantage of the £2,000 Car Scrappage Scheme discount from BMW and the Government.
Furthermore, BMW are putting in another £1,260 as an additional dealer deposit contribution.
And this all means that no deposit is required from you.
By making 40 monthly payments of just £242.00,… »
Drive Away A New Audi A3 For Less Than You Think
The prestigious marque Audi UK are offering customers a £2,000 saving on new Audi models through their Car Scrappage Scheme.
The offer is available on all Audi models and is in addition to their current offers.
You can drive away a new Audi A3 for a discounted on-the-road retail cash price starting from only £13,655*.
For the Audi A3 1.6 Technik,… »
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… »
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…. »
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… »