UK Scrappage Scheme Now Halfway Done
Posted on August 11, 2009
Filed Under News |
New figures released today show that over 155,000 new cars have been ordered through the scrappage scheme in the UK. This is a highly impressive number, but perhaps more importantly, it means that half of the money put aside by the government for the scrappage rebate has now gone - in under one third of a year.
This spells great news for the economy of British car vendors, as the scheme has led to an increase in sales of cars across the country, although mostly in south east England. It also spells great news for those people who’ve already saved £2000 on a brand new car and in some cases even more as many manufacturers have given extra money off with their own new car deals.
Of course if half the money has gone, that means there is less and less money for those of us who’ve yet to invest in a new car. Should this trend continue, then the money will likely run out before the end of this year unless the government extends their allocation pot.
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