Scrappage: load of rubbish or diamond in the rough?
Over three grand off the price of a BMW 1 Series? Five grand off a Ford?
Carmakers are pulling out all the stops to get buyers back into showrooms – and the government’s latest initiative to refuel the car industry has got manufacturers bending over backwards with offers.
For, for example, is now offering a range of deals on its models, including £4,500 off a Ford Mondeo and £2,000 off a Ford Fiesta.
Nissan is offering £2,000 trade-ins on eight-year-old cars, while Volvo says the £2,000 incentive can be used as a deposit to help reduce monthly payments on a new vehicle.
Carmakers offer bigger scrappage discounts
We want to know YOUR scrappage stories – have you scrapped your old vehicle or planning to scrap it? If so, what will you change it for?
Auto Trader Blog RSS Feed
Is this correct?
If i buy a new car for 15k and use the scrappage scheme the dealers are offering 2k off the price but the interest rates are 8% where as if i trade the car in for £700 the interest rates they are offering wll be 2.5% saving £50 ish per month on repayments. What advantage is the scrappage scheme?
Thx Ross
Hey just wondering how you went aout setting up your blog etc. I’m fairly new to the whole internet thing, Was blogengine easy to setup
Im a local car trader & this scrappage scheme has done nothing but mess up the lower end car market. My local scrap yards are filling up with lovely low mileage cars & modern classics which if sent to an auction would make a grand if not more. There are now better cars in the scrap yards than in the auctions !.This just seems another total waste by this goverment when they could have called it a Part Exchange Scheme , given a grand for the car , then sent it to auction & put the money back in the pot !.Or just give people a grand , dont even worry about the car & let the car market take its usual course !
noooooooooooooo new cars suck i no this as i work on them day in day out they still ripin u off wot u dont all see is classic cars are worth more then the ****** 2 grand they offer and not every 1 can afford the payments on a new car
classic ford fan here
never will i buy a new car i stick 2 me classics
Edited by moderator
The part of this I hate is that the car has to have an MOT to be scrapped – EH? So, throw away a usable roadworthy car!?
I’ve got two eligable cars; a 1986 BMW 635 csi and a mk1 MX5 and I don’t intend to scrap them years before there prime for some ugly little econobox!