Car Scrappage just announced [MERGED]

smiffy

4444405 wrote: »

ok then...I have a R Reg 1998 Ford Ka with airline mileage, owned in my name for 3 years, has tax until Oct09 and an Mot through till Feb2010. However my silly son has crashed it in a park against a concrete post and has ripped the front wheel off. The car has been on my drive looking very sorry for a good month now and I have been putting off getting it scrapped...due to laziness! It is currently undrivable and I am potentially tempted to take advantage of this offer. I have just looked on the Ford website and they are taking part in the scrappage scheme...however they quote that their Ka and Fiesta prices start at over 9,500 pounds!
Has anyone seen the a manufacturer advertising anything nearer half that, that are also going to use the government scheme?

Yeah Fiat. Get the Panda Eco for £4995 after the scap scheme, £89 ppm for 4yrs.

kennyguk

Something slightly annoying for me is the scheme runs from MID-May.

My MOT on a 1993 Pug 306 only runs until about 7th May (I think). The small print of this scheme seems to infer that I need a current MOT to trade in my banger. However if the car is being scrapped is there really any point in paying a few hundred quid to get it through the MOT?

rev_henry

kennyguk wrote: »

Something slightly annoying for me is the scheme runs from MID-May.

My MOT on a 1993 Pug 306 only runs until about 7th May (I think). The small print of this scheme seems to infer that I need a current MOT to trade in my banger. However if the car is being scrapped is there really any point in paying a few hundred quid to get it through the MOT?

I quite agree. Seems something of a misnomer.

richardw

Perhaps there might be a grace period for cars that had MOTs on budget day 22/04/09.

emmell

On the news today Kia had a car for £6195, £4195 after the scrappage allowance, said they would be making a loss but hoped to make up for it in sales of more expensive cars.
Also said they were ordering more car's in as they are hoping it's going to boost demand.
I'm not recommending Kia as I have never owned one or driven one, just saw it on the news.
ML.

CFC

Picanto available from broadspeed at £5751, therefore a genuine saving at £4195.

mikey72

I'm after a small, 5 seater.
So far, the Kia Rio at £5195 with the scrappage, and the Fiat Panda at £4995, (dealer prices).
Any more suggestions, but must have 3 belted back seats, not 2.

sabretoothtigger

What about that Tata Nano for £1700 Whens that for sale in this country
I want to know the cheapest car with 5 years 0% apr

kennyguk wrote: »

Something slightly annoying for me is the scheme runs from MID-May.

My MOT on a 1993 Pug 306 only runs until about 7th May (I think). The small print of this scheme seems to infer that I need a current MOT to trade in my banger. However if the car is being scrapped is there really any point in paying a few hundred quid to get it through the MOT?

Speak to the dealer now and get him to take it now and issue the discount when you buy

Ling_Valentine

It should be simple: Whatever price you can buy a new car for gets reduced by £2,000 – one thousand pounds from the Government or taxpayer and one thousand pounds from the car manufacturer, under the new scrappage scheme.

However, I would suggest some manufacturers are embezzling their half of the subsidy contribution.

I am shocked, upset and flabbergasted that some car manufacturers are rebranding existing discounts as scrappage subsidy instead of matching the Government contribution with additional funds. This means that the extra £1000 meant for buyers, from the manufacturer, is rolled into profit and sent abroad.

Effectively, the taxpayer is giving £1000 and the manufacturer is giving nothing, not an extra Pound, Euro, Yen or Dollar. It is corrupt.

This scrappage contribution from the manufacturer should be additional funds, yet they are simply re-naming and substituting existing discounts that are available to all, even if you don’t have a car to scrap. In my opinion, this is cheating the UK taxpayer.

FIAT, the Italian automaker is the latest firm to try to avoid matching the taxpayer’s scrappage subsidy.

On their website, FIAT offer the Panda Active Eco at an offer price of £5,995, with no scrappage involved. The offered discount is not given a name; it just says “less £1,100”

http://www.fiat.co.uk/Content/?id=13689 - FIAT no-scrappage offer link

This discount offer runs until the end of May. However, for scrappage, FIAT simply withdraw it while it is still a current discount, rename it, then re-apply it.

In their recently launched scrappage campaign, FIAT simply magically rename its existing listed discount, calling it an ‘Eco Bonus’- it puts no new money in to match the taxpayer £1000 subsidy.

http://www.fiat.co.uk/Content/?id=17415 - FIAT scrappage offer link

This means that the extra £1,000 manufacturer subsidy meant for UK scrappage customers is simply kept by the Italians. It’s in an Italian bank. In my opinion, this amounts to embezzlement of manufacturer money due to the customer who scraps a car.

The UK taxpayer is having their money stolen, as without a fresh manufacturer contribution of the same amount, FIAT should not be allowed to make the offer.

FIATs are always discounted - as are 99% of all new cars. If this tactic is allowed, it means the motor industry can substitute existing discounts on any new car for their half of the scrappage subsidy, making a mockery of the 50:50 contribution and laughing at the UK taxpayer.

I suggest it is very simple; you should be able to get £2,000 off the “street” or offer price of the car, and as FIAT is offering the Panda Active Eco already for £5,995, so you should be able to buy one at that price under the scrappage scheme and get a further £2,000 scrappage discount, making a true cost of £3,995.

Quite different to FIAT’s advertised scrappage scheme price of £4,995. That’s one thousand pounds more expensive than the price the car should be sold for.

In general, manufacturers are wrapping their subsidy up in "final offer" prices, finance deals and selective advertising to AVOID putting their true share of the subsidy into a new car. Yet, the Motor Industry demanded this scheme, now they are cheating it.

The motor industry is going to lose consumer confidence if it tries these underhand tactics to grab ‘free’ money from the taxpayer subsidy, to benefit foreign owned companies. The taxpayers' money that we all contribute is meant to encourage UK buyers to change their car; it’s not a slush fund to subsidise greedy foreign carmakers. The Treasury and BERR should act to stop this profiteering. Misrepresenting like this should be prosecuted.

Ling Valentine, LINGsCARS.com (I declare an interest in the car industry)

david29dpo

As i read it, its £2000 off the list price. At the moment you can get that off most new cars anyway.