Comments on: Are you scrapping your motor for a new one?

By: ROSS

ROSS — Sun, 24 Jan 2010 14:33:55 +0000

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

By: Latosha Mcquire

Latosha Mcquire — Fri, 15 Jan 2010 07:24:50 +0000

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

By: James Brown

James Brown — Thu, 10 Sep 2009 16:14:20 +0000

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 !

By: wayne

wayne — Thu, 03 Sep 2009 08:48:25 +0000

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

By: george

george — Wed, 02 Sep 2009 11:39:52 +0000

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!

By: Will Turner

Will Turner — Tue, 01 Sep 2009 21:08:08 +0000

Just figured I’d lodge my opinion here as there seems to be 2 banners to sit under, the pro and the anti. I’m anti for many reasons.

Personally I’d rather keep my old cars as I know exactly how to fix them and parts are dirt cheap, rather than it all being under the lock and key of some big international company. I think some people may be interested to learn that the motor manufacturers are again pressuring the EU into allowing them to restrict access to the car ECUs. This would effectively mean the only people who can service your car are the manufacturers, which would be a monopoly once you buy one. And seeing as there are no British mass manufacturing car companies left I can’t see the UK getting a good deal out of it in the long run.

Also has anyone thought what happens when all the people who might want a new car have one? I can’t see a lot of people trading in their 2 yr old Kia or Hyundai for a new one, after all, they have a 5 or 7 year warranty don’t they. I suspect this is exactly the mentality that brought about the housing market crash, encouraging people to buy things now rather than wait until they can afford them properly. Eventually they won’t be able to and they’ll have to live off the debt they’ve created, in this particular scenario it’ll be the motor manufacturers having to live with 5 or 7 yrs of famine after a year of feast. Let them have it if they’re that greedy, just don’t drag me and my love of old car tinkering get involved, I’m off to look on autotrader for a nice 80s MR2 in white…

By: Kev

Kev — Tue, 01 Sep 2009 19:55:24 +0000

I am not sure where this will come out, we have hit the 5 replies limit Steve.

OK, look, I am taking full advantage of the free government advertising, I admit it, I have always admitted it.

You raised the issue of poorly paid Indian Hyundai workers (which they are not), and when I ask you about cheap Indian clothing, which you clealy do buy, you say you don’t count it?

Whatever.

I have no intention of calling you anything at all Steve, I am sure you are a nice guy, as am I.

I am just not gonna sit here and let you post stuff that is false. Give people a bit of credit, they can read all the comments here and make their own minds up.

Kev

By: Kev

Kev — Tue, 01 Sep 2009 19:47:46 +0000

Is he? OK, if you say so.

Now, let me help you understand how this works.

When we actually tax a scrappage car, we are taking between £2000 and £7000 risk, and until we supplied BERR with the COD (cert of destruction) from the scrapyard, we do not get the money. As it is we have to wait over a week for it,

So no, there will be NO dealers selling these cars, none at all.

But hey, why believe me, I have shares in Hyundai apparently.

Kev

By: steve

steve — Tue, 01 Sep 2009 19:47:38 +0000

“We have sold 150 MORE cars in 14 weeks than we sold for the WHOLE of 2008. I really don’t need advertising.”
Look at the Autotrader website, they state that they have called for a scrappage extension. You along with most small car makers (i.e. makers of small cars) are getting free advertising. Kev. i don`t count clothes, food or anything else like that. Cars are different, when we have an industry mothballed for months over here. I don`t think it fair to other manufacturers who pay staff bigger wages either like….most other carcompanys actually.
Your last line is making me think, this is my last post, because i feel you are going to get nasty and call me something i am not.

By: steve

steve — Tue, 01 Sep 2009 19:36:43 +0000

That`s not what he is saying, he is asking where they go and do they really go for recycling or do the dealers as i suspect just sell them on for what they can get?
Cynical? me? …….ok just a little!

By: Kev

Kev — Tue, 01 Sep 2009 19:34:50 +0000

OK, lets have a look. Using Parkers Guide, List price vs Part Exchange Price.

Have to use 07/56 as Ceed not avail 3 yrs ago.

Honda 1.4 DSI 07/56 holds 54% of its list price (not boding well for your 25-30% loss after 3 years is it)

Kia Ceed 1.4 07/56 holds 47% of its list price.

Not as good, but only 7% difference, and you will have paid £2000 less so take that into account for the time span and its quite even really.

Can not do exactly the same on i30 as its only been out on 07/57, but based on that date, it holds 58%, the Honda holds 57%

The i30 was also £2200 less than the Honda.

Next?

Kev

By: steve

steve — Tue, 01 Sep 2009 19:34:47 +0000

There will be so many about that after 3 years a 9k car will be worth 3k at trade in.
A 5k car? look at what a 3 year old Hyundia or Kia is worth now:
Auldhouse motor company
2 Caplethill Road Paisley have a 2006 06 Reg KIA Picanto 1.0 GS Price: £2,695
That`s the dealer selling it on so what is he going to offer you for your old Picanto?

By: steve

steve — Tue, 01 Sep 2009 19:28:13 +0000

Kev has shares in hyundia, either that or he is married to hyundia,

By: steve

steve — Tue, 01 Sep 2009 19:25:58 +0000

Please note the i10 is a bit out of date, as all UK ones now have the (quite a lot better) 1.2 engine.

By: steve

steve — Tue, 01 Sep 2009 19:24:08 +0000

……Quite, quite, Kev if i asked you nicely would you go and shout that over Birmingham way?
You know where Longbridge is?
Yeah that`s right!
I tell you what if you do i will take Mandelson, Brown and lastly Thatcher and shoot all three!!!
Mandelson and Brown are the crooks behind the collapse of Rover and Thatcher refused to sell Rover to Vag group twice.
No i didn`t work for Rover or one of the supplying companies.
Jobs? Jobs you say pah there was a few more over there than a poxy scrappage scheme will (remporarily) create.
Over and out.
Last post on the subject.

By: steve

steve — Tue, 01 Sep 2009 19:15:15 +0000

Kev the op (in this part) was stating that he would get fleeced.
The residual after 3 years in a Honda Civic or a Toyota Auris after 3 years is a loss of about 25 to 30% similar time in a Kia whatsit the loss would be double.

By: Kev

Kev — Tue, 01 Sep 2009 11:19:30 +0000

Steve, am happy to apologise about the troll comment.

I got the day off, on Sept the 1st, how cool is that!

As for not posting anymore, well, I will stop if Autotrader tells me to, but I don’t think I am advertising (if I was given the amount we spend with Autotrader it would be fair game actually), just trying to put opposite side to your anti Hyundai comments.

Kia are OK, what do you want me to say?

VW Blue Motion? OK, let talk about it. I have no problem talking about anything here.

Look Steve, under scrappage, we have sold 150 MORE cars in 14 weeks than we sold for the WHOLE of 2008. I really don’t need advertising.

Do you buy clothes at all? Please stop, you are being unfair to poorly paid Indian workers.

Kev

By: steve

steve — Tue, 01 Sep 2009 11:11:24 +0000

If a company discounts something they never ever discount the cheapest product in the range, except in this case.
It`s unfair and unjust because of the low wages paid to Indian people (workers) and for that matter Korean people

By: Kev

Kev — Tue, 01 Sep 2009 11:10:32 +0000

Huh? Getting fleeced or not is now based on what car you try?

What is the weather like on your planet?

Kev

By: steve

steve — Tue, 01 Sep 2009 11:09:49 +0000

….further, i don`t think you should be posting on here, it almost ammounts to advertising if not your dealer then the brand.
You only say good things about Hyundia, you have not said too much about Kia the sister company have you?
Never said anything about the VW polo Blue motion either have you Kev.