New car buyers in Germany can get £2,300 towards the purchase by scrapping their car.
It’s an incentive which has seen sales soar in Germany, giving its car industry a vital boost at a difficult time.
Now our government is doing the same – but will it work?
It has the potential to get old cars which emit heaps of carbon dioxide off the road and recycled.
In the UK two of the biggest motoring bodies, the SMMT and RMIF lobbied for a similar ‘scrappage’ plan, which was passed by Alistair Darling in the 2009 Budget.
We think it has fantastic potential and would make a refreshing change to the over-taxed British motoring population.
Requirements for the scheme are as follows:
- Passenger cars or small vans up to 3.5 tonnes
- First registered in United Kingdom on or before July 31, 1999
- Currently registered with DVLA to the registered keeper, or on Statutory Off Road Notification (SORN)
- Road legal with an MOT certificate
- Registered by an owner with a full UK address
- Owned by the current driver for at least 12 months
- Passenger cars or small vans up to 3.5 tonnes
- Registered in the UK
- Brand new without any previous keepers
- A UK specification model
- Registered to the keeper of the scrapped vehicle
Would you trade in your old car in exchange for a £2,000 grant? Do you think scrappage is a good idea?
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I think this was a great scheme, which really helped the trade