Tag Archive
Scrappage Scheme Boosts June New Car Orders
The Society of Motor Manufacturers and Traders (SMMT) has said the UK Car Scrappage Scheme has begun to have a “positive impact” on the industry as the decline in new car sales slowed to its lowest rates for almost a year.
176,264 new cars were sold in June, 15% above the SMMT prediction of 153,000, and… »
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… »
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… »
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…. »