Extra £100m Added to Scrappage Scheme
Exciting news today for those of you who have yet to take advantage of the UK car scrappage scheme. The government has announced today that they are extending the scheme from £300 million to £400million - that’s an extra 100,000 cars that can be scrapped under the scheme.
This is very good news indeed, as the [...]
Car Scrappage Scheme Good for Economy
The latest news suggests that us car buyers are not the only one to benefit from the car scrappage scheme - both the government and the economy have directly benefited.
Reports suggest that the government will make at least £100 million from the scheme, even with its initial outlays to people who’ve scrapped their old clunker [...]
Second Hand Cars Rise in Price
As reported before, the scrappage scheme has been a resounding success, but like many things in life there’s always give and take. In this case the ‘give’ of the scrappage cash bonus is matched by the ‘take’ of a huge rise in price of second hand cars!
A report in the Telegraph suggests that used and [...]
SORN and Scrappage - What’s the Deal?
Can a car under a SORN be used to get the 2000 pound scrappage bonus? We look at the government guidelines and answer this important question.