The car scrap scheme and me

[DanoGTI]

Yeh, the whole taxing thing is now old news, BUT, all these old cars that will be removed from our roads will be replaced by something else....

Just convenient that it's going to make the Government more money (sooner rather than later )
Yes, it was going to happen, but I don't think people thought it would potentially happen as quickly as it *could*.....

The arguement about the taxing issue being unfair reaches its pinnacle when you compare a new Focus 2L (not even an ST) to say, oooo, a Ferrari F40......

It's cheaper to tax the F40..... that's where it doesn't work.

Dan

[davero]

Has any1 seen the probs in germany at the mo? they are scrapping decent cars with 40.000 on the clock!! scrapys arnt allowed to sell the cars on and  engine an cog boxes no1 wants. hows that good for the environment??

I think the environment bit is more of a tag-line to please more voters - I wouldn't get too wound up about that side of the coin. The primary objective is a financial stimulus for the car industry, which has the nice side-effect of having a global benefit due to the international nature of all car firms, plus car firms are some of the biggest employers on the planet, helping to get the money back into consumers pockets - it will help kick-start the world y'all!! 

As a huge percentage of car purchases (even with £2k from the Gov) will be bought via credit of some form, the banks benefit too. Its employment, money markets and an industry bail-out in one nice easy to swallow pill. 

As everyone's already said, I doubt many people will actually take up the offer, but then they don't want it to be too popular, just enough to boost trade a little.

I totally concur, this incentive is for few. In our current economic situation, a little boost may make the difference between solvency and insolvency for the some manufacturers. It is certainly not an enviromental issue,as the manufacture of a car is "more environmentally damaging than the life of a car", even a classic.

[DanoGTI]

There is one other risk with this ( I remember reading it somewhere in the last couple of days - hope it wasn't here!!LOL!! )
A new car only makes the manufacturer about £4-500 per unit.

Now if the £2000 is only going to be subsidised by 50% from the Government, it *might* actually cost each manufacturer to sell the car....

Some manufacturers may pull out of the UK market all together...


Dan


Not to mention the showroom tax on new cars.....

[Guy]

has anyone thought that the dealers might just add 1.5k across the board anyway... this would cover their subsidy and administration costs

this 2k business effectively reduces negotiating powers by the consumer... but I would rather be negotiating for a discount off a car that had already lost its showroom tax .ie. 1-2 years old.. but then again I doubt I would buy a car from a main dealer anyway.

i think the 2k will be an incentive for little mary, who learnt to drive in a 10 year old sh!tter that she doesn't maintain, who has now started to earn a bit of money after leaving uni, to go out and buy a new peugeot or C2 1.1 thing for 10k... which at least won't be a deathtrap

was just looking at the C2 online (not that I would ever want one you understand!)

FROM
£9,145* to £14,045*

     Up to £2,450 Cashback
     Split folding rear seat
     ABS with Electronic Brakeforce Distribution
     RDS stereo radio/CD player

Or £2,000 scrappage cashback* for your qualifying old car

[Agreeable Slick]

Technically it won't matter to most manufacturers as they increased their prices by £1000 a couple of months ago to counter act the week pound. So they are losing nothing at the moment.

[JMallows]

If i were to scrap an old car, do i get a cheque or whatever from the scrapyard/someone else, or do i get a certificate to give to a dealer. ie, does the £2000 HAVE to go to a NEW car?

[DanoGTI]

Yes, this scheme is only for brand new UNREGISTERED cars.

Dan

[dTEA]

you also have to own the car for over 12 months before you can use it against the brand new car...a brand new seat ibiza 130bhp tdi for £10000 becomes £8000 plus 3yr warranty, and 3yr MOT free...these are the deals likely to tempt some people...

saying that my mate is still looking at Cupra R's 

[jeynesey]

The car companies will increse their prices in line with the increased cost, big companies don't ever lose money from Govt interferance.

Just like with the VAT increase, I erm, "am familiar" with a company who put prices down to the 10% then over the next 3 weeks prices went back up accordingly to actually increase profit. They aren't stupid 

I think you will find you are offered a scrappage allowance or a "too good to be true" money off offer based on increased original prices.

(Not that it affects me in the slightest)

[Tramp]

Does anyone on here think that in a time of recession possibly since the crash in 1929 that this is nothing more than a gimmik to put people in more debt and gets the govt straight cash.

Could be more parts for our classics though.

Yep...It's a great scheme