Pages

Wednesday 1 April 2009

Any old iron?


A scrappage scheme for cars has been running in Germany for a number of months, and has reportedly delivered 577,000+ sales. A similar scheme has also been running in France, although the incentive was not as high. Westminster gossip says that Mr Darling is looking into a scrap scheme for the UK, and this will most likely be announced on April 22nd 2009 - Budget Day.

So what would such a scheme mean to you and I? The model in Germany offers €2,500 to customers who trade in their 10 year old cars for newer fuel efficient cars. (brand new or a year old). The UK scheme will probably offer £2000 to any car buyer trading in a 10 year old car. £2000 which can then be used against the purchase of a new or nearly new car.

A quick look around the carmony.co.uk site and I find a good list of cars which would qualify for the scheme and would look even more attractive with a discount of £2000.

Golf Special Edition Hatchbacks starting at £16,490

Peugeot 307's from £7,495

And you could trade against a Ford Focus for just under £12,000. Saving £2000 on this car would mean a saving of over 16%

So would this be a big enough incentive for you and if so which car would you get?
Luke Carter

Author: Carmony.co.uk

If you would like more tips and guides to help you buy a car, then go to our Get Advice pages on Carmony.co.uk